12/2 Duncan Street, Wellington Point QLD 4160

Gated complex | easterly courtyard for morning sun | bay breezes from upstairs deck | walk to station and water. The property’s competitive strength lies in its rare combination of a secure gated setting with genuine liveability features,polished timber floors, an easterly courtyard that catches morning light and stays shaded in the afternoon, and an upstairs balcony that captures bay breezes and elevated views. These details differentiate it from standard townhouse stock and appeal directly to owner-occupiers seeking low-maintenance living without sacrificing outdoor amenity. The position within walking distance to the train station, cafes, and Moreton Bay shores further reinforces its suitability for professionals or downsizers who prioritise convenience and a quiet, established complex. The primary risk is the heritage overlay detected on the lot, which may constrain future renovations or extensions and should be verified for any intended modifications. Limited recent comparable sales data in the complex means the buyer must rely on the wide Domain estimate range ($770k–$1.01m) and the property’s own rental history,quick leasing in 2024 suggests strong demand, but the current listing price sits above the mid-range estimate. For an investor, the $630–$730 per week rental estimate yields a modest return relative to the asking price, so the better case is owner-occupation where the layout and location deliver daily value. Hold this property as a long-term residence in a tightly held suburb where 75% of homes are owner-occupied, which supports price stability and limits supply shocks.