2/19-29 Nicole Street Morayfield QLD 4506

2/19-29 Nicole Street Morayfield QLD 4506
3 bed townhouse |319m² lot |$696k est value |Newly listed|3 bed townhouse on 319m² lot suits first-home buyers or young couples prioritizing school access and low-maintenance living. This property delivers practical townhouse living with dual bathrooms and secure garaging across a compact yet functional 319 square metre site zoned for residential use in Moreton Bay Council. Built in 2009 it sits within a small complex on Nicole Street offering a balance of strata-managed convenience and individual lot ownership that appeals to those avoiding larger house upkeep. Its position in the Morayfield State School and High School catchment draws families seeking affordable entry into established education zones without the premium of standalone homes. Bushfire and flood overlays introduce some risk awareness for buyers though standard for the pocket and unlikely to deter in this market segment. Comparable townhouses nearby show steady performance with rental yields around $525 weekly supporting investor interest amid local demand. Last sold in 2021 this unit’s recent relisting aligns with rising estimates from $692k to $780k across sources reflecting solid capital growth for holding. Buyers typically include downsizers or professionals valuing 5G coverage and NBN proximity to transport links. Long-term its modest land size and modern build ensure resilient appeal as Morayfield’s family-oriented market evolves.

Market Insight:

Morayfield demand is being driven by affordability versus inner Brisbane, expansions at Morayfield Shopping Centre, recent school upgrades and transport works on Morayfield Road and the Bruce Highway that are attracting families and investors from pricier corridors. ([openagent.com.au](https://www.openagent.com.au/suburb-profiles/morayfield-4506?utm_source=openai)) Prices have broadly risen over the last six months, mirroring the double-digit annual lifts in both houses and units as buyers chase the limited listings. ([realestate.com.au](https://www.realestate.com.au/buy/in-morrayfield%2Bqld%2B4510/list-1?utm_source=openai)) Risks include a high approvals pipeline that could soften momentum and the already stretched affordability metrics, but tight stock, balanced vacancy and steady rent growth keep near-term resilience and add upside from new estates. ([htag.com.au](https://www.htag.com.au/qld/qld285-moreton-bay-regional/morayfield-qld-4506/?utm_source=openai))

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

319m²

Built

Recent Assessments