In Attwood, investing in blocks of units offers a unique opportunity to maximize rental yields while diversifying your property portfolio. This article guides investors through key figures, considerations, and benefits of owning unit blocks in this promising suburb.

• The median house price in Attwood stands at $739k as of the Apr-Jun 2025 quarter, showing a QoQ decline of 30.1%.
• Attwood’s population is 3,309 with a median age of 42 and median weekly rent at $358, according to ABS Census 2021 data.
• Investing in blocks of units can provide higher yields and reduced vacancy risks compared to single properties.

What do the numbers say in Attwood?

Understanding the local property market dynamics is crucial for any investor considering blocks of units in Attwood. According to DataVic and REIV, the median sale price for houses in Attwood was $739,000 during the April to June 2025 quarter. This figure reflects a significant quarterly decrease of 30.1% and a yearly drop of 5.9%, which could indicate a buyer’s market, ideal for purchasing unit blocks at potentially reduced prices.

In terms of rental income, the ABS Census 2021 data reveals that the median rent in Attwood is $358 per week. With a stable demographic profile of a median age of 42 and a population of 3,309, Attwood presents a promising landscape for rental investments. For more detailed insights, you might want to explore our comprehensive section on rental yield in Melbourne that sheds light on high-yield suburbs including Attwood.

What are the key considerations?

When investing in blocks of units in Attwood, several factors should be taken into account. Primarily, the scale of buying multiple units provides economy of scale benefits. This includes reduced per-unit purchase costs and potentially higher collective rental income. Additionally, owning a block of units decreases vacancy risks compared to single property ownership since vacant units can be offset by rented ones within the same block.

Access to public amenities, schools, and transportation are significant considerations. Attwood’s connectivity and community facilities can be a major draw for renters, enhancing your property’s attractiveness. Moreover, referring to our Blocks of Units hub will provide further information on investment opportunities and market trends.

How does Collings help?

At Collings Real Estate, we offer extensive services for investors interested in unit blocks. Our team can guide you through the entire process, from locating off-market opportunities to managing purchases efficiently. We utilize first-party data to appraise and identify viable investments in Attwood, ensuring you make informed decisions.

We also provide exclusive access to our off-market portal, giving you a competitive edge in finding the best unit blocks before they hit the mainstream market. Enquire with us for more tailored insights or visit our office at 230 Waterdale Road, Ivanhoe, VIC 3079. You can also reach out via phone at 03 9486 2000 or email us at info@collings.com.au for personalized assistance.

Frequently asked questions