95/1160 Creek Road, Carina Heights QLD 4152

Prime location opposite Westfield Carindale | renovated two-bedroom townhouse | dual-pool complex with low-maintenance appeal | strong rental demand in catchment zone This property occupies a rare position in the Carina Heights market: a fully renovated two-bedroom townhouse directly opposite a major regional shopping centre, within a complex that offers two swimming pools and on-site management. For a buyer, the competitive edge lies in the combination of a private oversized courtyard, a dedicated study nook, and a two-way bathroom—features that typically belong to larger configurations. The internal layout, with open-plan living flowing to outdoor space and secure internal garage access, suits both owner-occupiers seeking convenience and investors targeting the $590–$685 per week rental bracket. The absence of flood, bushfire, or heritage overlays removes hidden holding costs, and the zoning within Carina State School and Whites Hill State College catchments adds long-term demand stability. The primary risk is the price guide range of $750k–$825k, which sits below the property.com.au valuation of $848,000 but above the midpoint of comparable complex units renting for $510 per week. This gap means the buyer must negotiate toward the lower end to achieve a rental yield above 4.2 percent. The 2003 purchase price of $180,000 is irrelevant to today’s market, but the lack of recent sales history in the complex limits comparable evidence. The opportunity lies in the additional driveway parking—often listed ambiguously—which effectively provides two car spaces in a location where parking is tight. The NBN Hybrid Fibre Coaxial and 5G coverage are supporting conveniences, not value drivers. Hold this property for steady rental income or as a low-maintenance home base with strong resale liquidity due to its positioning.