117 Victoria Street, West End QLD 4101
117 Victoria Street, West End QLD 4101
Riverfront new-build | 164 residences | Two towers to 12 levels | Late 2028 completion | Premium large-format stock
This is a rare opportunity to secure a brand-new, riverfront apartment in a precinct where most existing stock is older, smaller, and investor-oriented. The development’s two-building configuration, with 3- and 4-bedroom river homes, large balconies, and multiple car spaces, positions it well above typical West End offerings. It serves affluent owner-occupiers, downsizers, and prestige buyers seeking a lock-and-leave lifestyle with uninterrupted river and mountain views, extensive amenity, and proximity to the CBD, South Bank, and future ferry terminal. The 164-residence scale and high-end finishes suggest a property that will stand out in the local market for years, appealing to those who value space, views, and a strong sense of place.
The value of this property may be influenced by the extended construction timeline, as buyers commit now for completion in late 2028, carrying opportunity cost and market uncertainty. The premium price point, particularly for larger units, might limit resale liquidity compared to smaller apartments, though the scarcity of new riverfront stock could support long-term demand. The final delivered finishes, aspect, and amenity are subject to change before completion, so buyers should weigh the developer’s track record and the project’s positioning against current off-the-plan pricing. The future ferry terminal and ongoing precinct redevelopment may enhance connectivity and desirability, but construction activity in the area could temporarily affect outlook and liveability.
|| Comparable Sales: 2-bed unit at 117 Victoria Street sold around $1.47M; 3-bed premium unit at same address marketed at $5.25M | Property Price Band: $1.5M–$5.3M | Value Drivers: riverfront position, large floor areas, premium finishes, future transport link
Detailed Independent Property Report prepared by PropCred Analyst team for 117 Victoria Street, West End QLD 4101
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
West End, an inner-city Brisbane suburb with rapid CBD access and strong school catchments, continues to attract young professionals aged 20–29, a cohort that helped lift population by 55.5% since 2016. That demographic is driving demand for well-located housing despite steep entry points. House prices rose 10.2% over the past year to a median near $1.9 million, while units grew 19.7% to $910,000. Tight supply—only 40 listings—supports competition and keeps pressure on values. Rental yields remain modest at 2.6% for houses and 4.1% for units, a product of high capital growth. Future gains hinge on transport upgrades and limited land, but affordability is stretched and the premium market is exposed to elevated interest rates.
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PropCred Estimated Value
Comparable Sales: 2-bed unit at 117 Victoria Street sold around $1.47M; 3-bed premium unit at same address marketed at $5.25M | Property Price Band: $1.5M–$5.3M | Value Drivers: riverfront position, large floor areas, premium finishes, future transport link
Bedrooms
4
Bathroom
2
Parking
2
Land
1.3 ha
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