1501/17 Deshon Street, Woolloongabba QLD 4102
1501/17 Deshon Street, Woolloongabba QLD 4102
High floor 2-bed apartment | Modern 2016 build | Rooftop pool and sauna | Flood overlay noted | Inner-city transit-rich pocket
This unit competes strongly on build recency and amenity depth. The 2016 construction places it among Woolloongabba’s newer stock, where most alternatives are older walk-ups or character homes. The rooftop pool, sauna, and private dining areas are rare at this price point, giving it genuine lifestyle appeal for professionals or downsizers who want lock-and-leave living without sacrificing resort-style comfort. Its position within South City Square means retail and dining are effectively downstairs, which shortens daily errands and supports strong rental demand if ever leased. The configuration—likely two bedrooms with secure parking—suits owner-occupiers seeking a low-maintenance urban base or investors targeting steady inner-city yields.
The flood overlay is the most material factor to weigh, as it may affect insurance premiums and resale liquidity in a softer market. Body corporate fees appear substantial, typical of amenity-rich towers, and should be reviewed against the quarterly budget. The exact bed-bath layout varies across records, so confirming the title plan is worthwhile before forming a firm view. Higher-floor units in this complex tend to command a premium for outlook, and level 15 suggests potential city views that could support resale value.
Detailed Independent Property Report prepared by PropCred Analyst team for 1501/17 Deshon Street, Woolloongabba QLD 4102
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Woolloongabba is an inner-Brisbane market underpinned by the Gabba precinct and strong transport links via Logan Road, trains, and buses. Professional households, with a mix of families and single occupants, drive demand due to proximity to the CBD and employment hubs. House prices have grown 15–16.7% annually to a median of $1.525 million, selling in a median 24 days on volumes of 45–53 per year. Units rose 13–15% to $730,000–$750,000, supported by high turnover of 194 sales and a gross yield near 5%, versus 2.7–3.1% for houses. Unit rents hold at $720 weekly; house rents range $725–$790. Ongoing Gabba precinct infrastructure improvements are a future growth driver. Constraints include affordability limits at the top end, constrained supply, and rate sensitivity in a premium price segment.
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PropCred Estimated Value
Comparable Sales: 501/17 Deshon Street sold $820k; 703/17 Deshon Street sold $860k | Property Price Band: $800K–$900K | Value Drivers: floor level and outlook, confirmed internal layout, flood insurance cost
Bedrooms
2
Bathroom
1
Parking
1
Land
447m²
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