1/35 Melton Road, Nundah QLD 4012
1/35 Melton Road, Nundah QLD 4012
3 bed / 2 bath townhouse on 208m² | Strong school catchment | Rapid market turnover | Village and rail within reach | Compact low-maintenance layout
The property is positioned as a well-located townhouse with a practical three-bedroom footprint. It is suited to first-time buyers, downsizers, and investors seeking a low-maintenance base in a suburb with strong housing velocity. The 208m² allotment is considered manageable without the upkeep of a detached house, which broadens the buyer pool. Rapid interest is expected given the short listing periods typical of the immediate market. School access is seen as a significant edge for families, while rental demand near transport nodes supports consistent occupancy for investors.
Final price may be influenced more by internal layout and finish than by land size, given the compact allotment. Presentation and modernisation could strengthen its position against newer townhouses, while older construction or dated fixtures might narrow buyer interest. Body corporate fees and shared facility condition may affect holding costs and resale appeal. Street orientation and noise exposure could also play a role in perceived liveability, yet these variables remain assessable at inspection.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/35 Melton Road, Nundah QLD 4012
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Nundah, a northside Brisbane market, is being driven by an undersupply of both houses and units. House medians range from $1.234m (Q3 2025, 7.3% annual growth) to $1.5m (25% growth), while units sit between $725,000 and $745,000, growing 19.7-21.7%. The market is tight: houses average 20 days on market, with 2-3 bedroom homes clearing in 10-14 days, and vacancy is 0.7%. Gross yields are 2.7-3.12% for houses and 4.0-4.29% for units, reflecting rental demand. A constrained supply of new standalone houses and $180.8m of projects commencing 2025-2026 underpin the outlook. The key constraint is rate sensitivity: sales volumes fell 22.6% for houses and 37.0% for units between Q3 2024 and Q3 2025, even as prices held.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 11/56 Boyd Street (3-bed townhouse) sold $815,000; 27/102 Collins Street (3-bed townhouse) sold $840,000 | Property Price Band: $800,000–$900,000 | Value Drivers: condition, layout, school proximity
Bedrooms
3
Bathroom
2
Parking
1
Land
151m²
URL has been copied successfully!