904/35 McDougall Street Milton QLD 4064

2-bed unit in tight market|$960k value|98m² lot|Flood overlay noted|Strong rental $790pw | This two-bedroom unit on a 98sqm lot suits inner-city professionals seeking low-maintenance living near key schools and urban amenities. Its compact footprint delivers practical space for couples or small households, with dual parking adding rare convenience in a strata setting. Positioned within a residential block on McDougall Street, it blends seamlessly into Milton’s apartment-dominated streetscape, avoiding the premium pricing of standalone homes nearby. Buyers drawn to similar units here are typically young professionals or downsizers who prioritise walkability to CBD fringes over expansive grounds. Local market data shows these 2-bed apartments holding steady values around $900k-$1m, buoyed by consistent rental demand that yields over 3% reliably. The flood overlay introduces caution for some, potentially tempering buyer pools during sales, yet it hasn’t eroded long-term appeal given robust infrastructure like NBN and 5G coverage. Last sold over a decade ago at $645k, this property underscores appreciation trends for well-positioned units amid rising urban pressures. Its school catchments for Milton State and Kelvin Grove further cement holding value for lifestyle-focused owners. In a market favouring secure, serviced apartments, this one positions as a pragmatic hold with upside from location stability.