16/6 Ventura Street, Upper Mount Gravatt QLD 4122
16/6 Ventura Street, Upper Mount Gravatt QLD 4122
Modern 2-bed, 2-bath, 1-car unit | Near-new fitout with stone benches and ducted AC | Strong rental demand near Westfield | Premium finish for its price point | Quiet pocket, high convenience
This unit offers the rare combination of near-new construction and a practical two-bedroom layout in a suburb where most apartment stock is older and less efficient. The stone benchtops, ducted air-conditioning, and built-in robes place it firmly at the modern end of the market, appealing to both owner-occupiers who want move-in comfort and investors chasing low-maintenance tenancy. Its position near Westfield and bus links makes it a strong choice for first-home buyers or downsizers who value walkability over space, and the building’s small-complex character suggests a quieter living environment than larger high-rise developments.
The value of this unit may be shaped by its floor level and outlook, which are not immediately obvious from the listing but could influence privacy and light. Strata levies for a near-new building might be moderate, yet shared maintenance costs remain a factor to confirm. The 81 m² apartment-level area is compact, so storage and balcony usability will matter for daily living. Demand from renters appears solid, but the final price may hinge on how the unit compares to others in the same complex with corner positions or better aspect—those features could justify a premium, while a less favourable orientation might temper it.
Detailed Independent Property Report prepared by PropCred Analyst team for 16/6 Ventura Street, Upper Mount Gravatt QLD 4122
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Upper Mount Gravatt is a mid-ring Brisbane suburb defined by its young professional demographic, with the 20–29 age band dominant and most residents working as professionals. Demand is driven by the suburb’s strategic location and ongoing infrastructure and amenity investment, which attracts both renters and investors. Over the past year, house values rose 5.4% to a median near $1.34 million, while units outperformed with 20.2% growth to $800,000. Market conditions are brisk: houses average 23 days on market and units 22, with 32 house and 56 unit sales in the latest quarter. Rental demand is firm, with house rents up 5.8% to $680 per week and unit rents up 3.8% to $675. Future growth is supported by faster selling times than nearby suburbs and continued local development. The key constraint is affordability: the median dwelling price is $1.069 million, and one data source puts house selling time at 87 days, well above the state average, signalling price sensitivity at the top end.
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PropCred Estimated Value
Comparable Sales: 5/6 Ventura Street sold for $905,000; 22/6 Ventura Street listed near-new with balcony | Property Price Band: $850,000–$950,000 | Value Drivers: Modern finishes, building condition, proximity to retail and transport
Bedrooms
2
Bathroom
2
Parking
2
Land
81m²
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