1109/108 Albert Street, Brisbane City QLD 4000

1109/108 Albert Street, Brisbane City QLD 4000
2 bed 2 bath 1 car | 2006 build in Brisbane City | 82m² land | sold $458k in Feb 2020 This is a well configured inner-city apartment in a 2000s era tower, a type that remains highly sought after by professional couples and downsizers who value central location over brand new finishes. The 2 bed 2 bath 1 car layout is a strong configuration for both owner occupation and rental appeal, and the 2006 build means it avoids the premium pricing of brand new stock while still offering modern conveniences. Its position in Brisbane City gives it exceptional walkability to employment, transport, and riverfront amenities, making it a practical choice for those prioritising convenience and low maintenance living. The 2006 build may mean finishes and appliances are original or nearing replacement cycles, which could affect perceived value compared to newer apartments in the same suburb. The lack of confirmed building amenities like a pool or gym might limit its appeal to some buyers, and the 82m² land size is typical for a strata lot but not generous. Buyers should weigh the trade off between a central location and the potential for older fixtures or higher body corporate fees in a building of this era.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1109/108 Albert Street, Brisbane City QLD 4000
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk ! 1
Income Risk 2
Execution Risk 2
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Market Insight

Brisbane City is a high-density urban core where demand is driven by investors, first-home buyers, and interstate migrants, all pivoting to the unit market due to affordability pressures. Recent price performance has been exceptionally strong, with units significantly outperforming, supported by a critically tight rental market and severe supply constraints. Future growth is anchored by major infrastructure like the Cross River Rail, though the market remains sensitive to affordability limits and higher borrowing costs.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

2744m²

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