3/25 Park Avenue, Auchenflower QLD 4066
3/25 Park Avenue, Auchenflower QLD 4066
Rear end-position | three-sided light | first-floor walk-up | hospital-rail catchment | lock-up garage
This unit holds a genuine edge over typical Auchenflower apartment stock. Its rear placement within a nine-residence walk-up delivers uncommon privacy and cross-ventilation, while the long balcony and open-plan living give it a calmer, more residential feel than front-facing units. The lock-up garage with storeroom is a practical rarity in this older building form. It suits owner-occupiers—particularly medical professionals or inner-west downsizers—who value walk-to-train convenience and a quiet, low-maintenance base near the Wesley Hospital precinct.
Value may be shaped by the building’s lack of a lift, which can temper appeal for some buyers, and by the absence of confirmed construction year or land details. The current tenancy at $580 per week offers steady income, though re-letting potential could improve with modest updates. Future redevelopment nearby on Coronation Drive might influence the surrounding character, but the unit’s rear position buffers much of that impact. A buyer should weigh the walk-up constraint against the privacy and parking advantage when forming a price view.
|| Comparable Sales: 1/29 Park Avenue sold $555,000; 3/32 Park Avenue estimated $921,000 | Property Price Band: $700K–$800K | Value Drivers: rear privacy, lock-up garage, hospital proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 3/25 Park Avenue, Auchenflower QLD 4066
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Auchenflower is a tightly held inner-city suburb prized for its proximity to the CBD and high-performing schools, attracting professionals and childless couples. Demand is driven by this demographic seeking diverse housing, from traditional homes to modern apartments, within a vibrant, amenity-rich locale. The market exhibits strong recent price appreciation across both houses and units, with houses transacting relatively quickly. Future growth is underpinned by its limited land supply and established appeal, though high price points and sensitivity to interest rates present notable affordability and market risks.
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PropCred Estimated Value
Comparable Sales: 1/29 Park Avenue sold $555,000; 3/32 Park Avenue estimated $921,000 | Property Price Band: $700K–$800K | Value Drivers: rear privacy, lock-up garage, hospital proximity
Bedrooms
2
Bathroom
1
Parking
1
Land
912m²
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