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Back 5/78 Chapman Avenue
Off Market

5/78 Chapman Avenue

Glenroy VIC 3046

2
1
1
Apartment
Sebastian RelloSebastian Rello, last sold this property on 11 May 2026 after -38 days on market.

Overview

Premium Multi-Unit Opportunity in the Heart of Glenroy

An exceptional offering in one of Glenroy's most convenient and well-connected pockets, this impressive allotment presents a rare opportunity to secure five residences all on their own titles, perfect for investors, developers, or savvy buyers seeking strong returns and long-term growth. Set on a substantial corner parcel of land, measuring 1,154 sqm, 1-5/78 Chapman Avenue showcases a thoughtfully designed multi-dwelling site with excellent layout, accessibility, and street presence. Whether you're looking to expand your portfolio or explore future development potential (STCA), this is an opportunity that ticks all the boxes. Each residence offers comfortable living zones, well-proportioned bedrooms, and functional layouts suited to modern lifestyles, making them highly appealing for tenants and owner-occupiers alike. Currently all properties are leased and have been fully self managed by the current owners for over 40 years. Currently returning approx. $120,000 PA, we believe this return can immediately be increased by over approximately 10% or more. Key features include: • Five units on seperate titles - outstanding investment potential • Generous land allotment with excellent site layout • Strong rental appeal and multiple income streams • Scope for future enhancement or redevelopment (STCA) • Off-street parking and practical design across the site Positioned in a thriving Glenroy location, you're just moments from local shops, schools, parklands, and public transport, ensuring consistent demand and long-term value. Opportunities like this are incredibly rare-secure a high-performing asset in a rapidly growing suburb. All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Glenroy over the last 12 months, the estimated median property value of 5/78 Chapman Avenue is $460k.

Median value
$460k
Estimated value range
$330k - $610k
Median days on market
20
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Glenroy. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/78 Chapman Avenue

2026
Sold
Undisclosed
Private Sale/Treaty on 11 May 2026 by Sebastian Rello, of Ray White Glenroy

Happy sellers in Glenroy

91%
91% of sellers in Glenroy reported that their sale price either exceeded or met their price expectations.

Glenroy stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 40 reviews in Glenroy over the last 12 months.

Local market activity for 2 bedroom apartments in Glenroy

In the last 12 months, 16 two-bedroom apartments similar to 5/78 Chapman Avenue, have been sold.

This represents a 6% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Glenroy

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Onel Hawil

Sellers who recommend Onel Hawil have praised them for being clear communication, responsive, local expert and well-prepared

  •   5   (28 reviews)
  •  15 Reviews in Glenroy
  •  6 Sales in Glenroy
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Hamza Ali

Sellers who recommend Hamza Ali have praised them for being clear communication, local expert, well-prepared, honest, responsive, hard-working and reliable

  •   5   (58 reviews)
  •  6 Reviews in Glenroy
  •  6 Sales in Glenroy
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Daniel Imbesi

Sellers who recommend Daniel Imbesi have praised them for being clear communication, local expert, honest, responsive, friendly, supportive and reliable

  •   4.9   (252 reviews)
  •  2 Reviews in Glenroy
  •  38 Sales in Glenroy
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Roy Khoder

Roy Khoder is a recommended agent for Glenroy.  They have 27 local sales and collected 2 local reviews across the last 12 months.

  •   4.6   (17 reviews)
  •  2 Reviews in Glenroy
  •  27 Sales in Glenroy
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