7/18-20 Rose Street, Westcourt QLD 4870

7/18-20 Rose Street, Westcourt QLD 4870
3 bed 1 bath 1 car | 1989 low-rise complex | Pool and secure parking | Flood overlay noted | Central Westcourt convenience This unit offers a practical three-bedroom layout within a well-established 1989 complex, a configuration that stands out in a suburb where one-bedroom apartments dominate the entry-level market. The inclusion of an in-ground pool, gated parking, and courtyard space elevates it above bare-bones walk-up stock, making it particularly suited to small families, downsizers, or investors seeking a tenant-friendly property with genuine amenity. Its proximity to Cairns CBD, DFO shopping, and public transport reinforces strong everyday convenience, which underpins consistent rental demand in this pocket of Westcourt. The flood overlay is the primary constraint to weigh, as it may affect insurance costs and buyer perception, though it is common across much of the local area. The 1989 build age suggests potential for dated finishes, so internal condition will be a key variable in determining how the property compares to similar units. The three-bedroom format is a relative rarity in this complex, which may support stronger interest from owner-occupiers, but the single bathroom and single car space could limit appeal for some family buyers. || Comparable Sales: 1/18-20 Rose Street sold $430,000; 4/18-20 Rose Street same complex, similar format | Property Price Band: $450,000–$550,000 | Value Drivers: Three-bedroom layout rarity, complex amenities, internal condition and presentation
Detailed Independent Property Report prepared  by PropCred Analyst team for 7/18-20 Rose Street, Westcourt QLD 4870
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
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Market Insight

Westcourt, in Cairns, is drawing investor and young professional demand. The suburb’s profile skews young and professional, with solid gross yields of 4.4 per cent for houses and 7.5 per cent for units. House prices have risen 17.6 per cent annually to a $600,000 median, while unit prices are $378,500 with 17.4 per cent growth. Houses sell within 15 days, reflecting a tight market. Demand is underpinned by infrastructure spending—Bruce Highway upgrades and the Cairns University Hospital expansion—plus remote work and affordability trends in Far North Queensland. Median weekly rents are $575 for houses and $420 for units. Key constraints include rising insurance premiums in storm-prone zones and landlord uncertainty from Queensland tenancy reforms. Annual sales volume is limited at 46 houses, consistent with a modest market.
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PropCred Estimated Value

Comparable Sales: 1/18-20 Rose Street sold $430,000; 4/18-20 Rose Street same complex, similar format | Property Price Band: $450,000–$550,000 | Value Drivers: Three-bedroom layout rarity, complex amenities, internal condition and presentation

Bedrooms

3

Bathroom

1

Parking

1

Land

1954m²

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