2/2 Moore Street, Victoria Point QLD 4165

2/2 Moore Street, Victoria Point QLD 4165
| 41mΒ² balcony adds value | 215mΒ² internal apt is rare | 1 bathroom limits appeal | buyer pool for large unit small | The large internal area and massive balcony create a significant premium for downsizers who want space without a house, but the single bathroom is a structural limitation that will exclude families and cost the buyer negotiating power at resale. With no comparable sales history post-2023 and the market showing a median of $910,000 for three-bedroom units, the logic for this property rests on its unique footprint and boutique complex exclusivity, making it a hold for lifestyle rather than a flip for profit. This is a rare offering for a specific buyer: someone trading land for volume but unwilling to compromise on indoor-outdoor living. The 215mΒ² internal floorplan distinguishes it from standard apartments, and the balcony alone rivals many small house blocks. It best suits a professional couple or empty nesters who value square footage over bedroom count and will accept the bathroom limitation. The adjacent house on the same block adds potential for privacy or future subdivision consideration. With comparable sales topping at $1.09 million, the value here is in the space-per-dollar ratio, not the standard unit metrics. Buyers should book an inspection to assess if the single bathroom and garage truly meet their needs, then run a holding cost projection relative to the lifestyle advantage.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Victoria Point is a robust, trade-oriented suburb exhibiting strong momentum, particularly in its housing market. Demand is driven by a solid local workforce, with high sales activity and significant annual price growth reflecting deep buyer engagement. The market is characterised by rapid house turnover, though unit sales face a notable headwind with extended marketing times. Future growth is underpinned by sustained transactional volume, yet the divergence in performance between asset classes and slower sales relative to broader benchmarks present clear constraints on liquidity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

809mΒ²

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