1901/41 Blamey Street, Kelvin Grove QLD 4059

1901/41 Blamey Street, Kelvin Grove QLD 4059
1-bed, 64m² in a 58-unit complex | 80% owner-occupied | strong recent growth in building | bushfire overlay present This unit sits in a well-managed, predominantly owner-occupied complex with clear evidence of recent capital growth – three sales in the building show annual appreciation between 4.75% and 15.75%, with the most recent two at over 15%. For a buyer, that pattern signals rising demand and price support within the building itself, not just the suburb. The bushfire overlay is the main issue requiring closer review, and it may affect insurance premiums and future resale appetite among cautious buyers – this should be quantified via a strata search and insurance quote before committing. The 0% auction clearance rate is not a concern given the small sample size, but it does suggest limited urgency in this complex. Before an offer is made, the detailed report should test the valuation, comparable sales, rental evidence and site-specific risks rather than relying on the headline features alone.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1901/41 Blamey Street, Kelvin Grove QLD 4059
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Kelvin Grove demand is anchored by its inner-city convenience, QUT adjacency and the expectation that Brisbane 2032 precinct upgrades will keep buyers active even as the urban village retail strip still feels lower student foot traffic and safety chatter. Investors value the rental returns—units still yield around 4.7% while houses have tracked $1.5M medians with double-digit yearly gains—yet they should monitor the same student-driven retail volatility that can temper short-term cash flows. Median prices have climbed over the past six months, keeping Kelvin Grove competitive as limited stock meets steady buyer interest.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

-

Land

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat