1108/20 Wyandra Street, Newstead QLD 4006

1108/20 Wyandra Street, Newstead QLD 4006
2 bed | 2 bath | 1 car | ~117 sqm | 2019 build | inner-city leased apartment This is a notably spacious two-bedroom apartment for the Newstead market, where newer stock often trades at smaller floorplans. The 117–118 sqm internal area suggests a premium configuration that suits owner-occupiers seeking genuine living space rather than compact investor product. Being built in 2019, the property offers modern finishes and compliance without the premium of brand-new off-the-plan pricing. The leased status indicates immediate rental income potential, which may appeal to investors targeting professionals drawn to the suburb’s CBD proximity and lifestyle amenity. The unit number likely places it on a higher floor, which can improve outlook and privacy. The 1907 m² lot context may affect body corporate fees or future development potential, though this is not confirmed. Without verified aspect or finishes, the property’s desirability could vary significantly depending on orientation and quality. The lack of confirmed floor level means light and views remain uncertain. Rental yield cannot be assessed without income data, and the absence of comparable sales nearby makes price benchmarking difficult. Buyers should verify strata levies, rental returns, and exact floor position before forming a view on value.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1108/20 Wyandra Street, Newstead QLD 4006
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Market Insight:

Newstead is a modern, upmarket suburb positioned close to the Brisbane CBD, attracting a young professional demographic. Demand is primarily driven by couples without children, fueling a particularly strong unit market with significant recent price growth. While the house market shows stable but modest growth with high rental yields, the unit segment exhibits robust demand and rising rents. Future growth is underpinned by its prime location and mixed-use zoning, though the market presents a divergence with a slower, lower-volume house sector compared to the dynamic unit market.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1907m²

Assessments Delivered Today

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