2/36 Belleview Parade, Paddington QLD 4064

2/36 Belleview Parade, Paddington QLD 4064
3-bed 2-bath 2-car townhouse | 102sqm internal on 143sqm | Flood overlay applies | Prime inner-west rental demand | Keen school catchment This townhouse is positioned as a compact, lower-maintenance alternative to the detached character homes that dominate Paddington. Its three-bedroom, two-bathroom, two-car configuration is regarded as practical for owner-occupiers who want inner-west access without heavy upkeep. The 102 square metre internal footprint is considered efficient for the suburb’s affluent market, and the rental demand in this locale is known to be robust; investor appeal is enhanced as a result. The school catchment is seen as adding family-oriented value. The property is best suited to buyers prioritising lifestyle convenience and lower maintenance over large land holdings. The flood overlay may be seen as a potential constraint, as it could affect insurance premiums and buyer sentiment. Parking provision might have an impact, with some records indicating one space rather than two. The price may also be influenced by the condition and quality of finishes, as well as the townhouse’s specific position within the complex. These factors are suggested for careful consideration when forming a price view. >> Comparable Sales: 9/36 Belleview Parade, 3-bed townhouse, sold at $1,220,000 | Property Price Band: $1.2M–$1.3M | Value Drivers: Parking provision, condition and finishes, flood overlay effect
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/36 Belleview Parade, Paddington QLD 4064
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✓
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Market Insight

Paddington, an inner-west Brisbane suburb, commands a premium, with median house prices around $2.1 million and units near $881,000. Professionals and young families drive demand, drawn by heritage homes, strong schools, and a lively café scene. House prices rose 5.8% annually, while units grew 9.3%, reflecting affordability pressures. Supply is constrained, and homes average 52 days on market. Population growth and infrastructure links underpin future demand, but high prices push buyers toward units. Rate sensitivity and affordability remain the key risks, with moderate forecasts of 4-5% house and 5-7% unit growth in 2026.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

237m²

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