14/78 Melton Road, Nundah QLD 4012

14/78 Melton Road, Nundah QLD 4012
3-bed apartment, 140sqm internal | Nundah inner-north | School catchment advantage | No flood or bushfire overlay This is a competitively sized three-bedroom apartment in a low-density block, offering internal space closer to a townhouse than most units in the corridor. The 140sqm floorplan, combined with built-in robes, air conditioning, and a balcony, positions it well for owner-occupiers seeking genuine living area rather than compact design. The school catchment for Nundah State School and Aviation High adds tangible demand from families priced out of houses, and the absence of flood or bushfire overlay removes a common hesitation for buyers in Brisbane’s inner-north. The property suits a professional couple or small family who want proximity to the city without sacrificing room to spread out. The main risk is the unit’s position within a 17-apartment complex, where body corporate levies and future special levies are not disclosed here—these can materially affect holding costs and resale appeal. The broadband connection is NBN Fibre to the Curb, not FTTP, which matters less for most buyers but could be a minor point for remote workers seeking symmetrical speeds. On the opportunity side, the gap between the property.com.au estimate and the Domain figure suggests potential for negotiation if the seller is anchored to the higher number. The rental yield at $800pw is reasonable for the area, offering a fallback if plans change.
Detailed Independent Property Report prepared  by PropCred Analyst team for 14/78 Melton Road, Nundah QLD 4012
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ✓
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Market Insight

Nundah is a high-growth, undersupplied market dominated by 30-39 year-olds, with median house prices ranging from $1.23M to $1.5M and annual growth between 7.3% and 25%. Demand is driven by significant new project investment ($180.8M) and a critical undersupply, particularly for houses, which sell in just 20 days. Future growth is supported by this pipeline, but key risks include a 22.6% annual drop in house sales, indicating potential rate sensitivity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

708m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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