10/62 Cordelia Street, South Brisbane QLD 4101

2-bed apartment | 89-94m² | low supply risk | strong rental yield potential | market price uncertainty near recently sold units The unit’s recent comparable sales (2/2/1) indicate a tight price band of $705K to $750K within the building. Buyers face two specific mechanisms: near-term price risk from a possible sale near the $800K floor, which could delay capital growth; and low vacancy (0.07km) supporting the $760/week rent estimate, offering a 5.0% gross yield. The building shows high churn (48% held 3-6 years and 18% held under 3 years), consistent with investor activity. For a buyer, this is a hold-and-rent proposition: the numbers work for cash flow, but capital appreciation depends on the broader South Brisbane market. Competitively, this unit offers a rare combination of modern floor plan (89-94m²), two bathrooms, and one car space within Brisbane State High School catchment-features that tighten the buyer pool and support resale demand. It is best suited to a long-term investor or a first-home buyer seeking immediate rental income and a solid school zone position. Full 5G coverage and no flood or bushfire overlays add to its low-risk profile. The key advantage is the gap between rent potential and current price: unlike higher-priced units in the building, this one still offers a rental yield that beats local averages. The strongest next move is to request a building inspection and strata records, then verify the exact floor plan and any recent renovations-these will determine whether this is a value buy or a fair-market purchase that requires a disciplined offer strategy.