36 Attewell Street, Nundah QLD 4012

36 Attewell Street, Nundah QLD 4012
Boutique six-unit block | Ground floor three-bed with exclusive yard | Walk to Nundah Village & rail | Below suburb median pricing This boutique block presents a clear configuration advantage, particularly for the ground-floor three-bedroom unit with its private outdoor area, a rare offering in the unit market that serves owner-occupiers or investors seeking low-maintenance living with space. Its price point below the suburb median signals immediate equity potential, while the smaller one-bedroom unit aligns with typical rental demand, supported by strong local infrastructure and no environmental overlays, ensuring stable tenancy. The primary risk is the absence of recent comparable sales, making precise valuation difficult and potentially masking underlying market shifts. However, the boutique scale and location provide a defensive position against larger, impersonal complexes. Proceed with an offer anchored by a building and pest inspection, targeting the lower quartile of the advertised range; this property is best held for long-term capital growth, leveraging its scarcity and rental utility.

Market Insight:

Nundah is a high-growth, undersupplied market dominated by 30-39 year-olds, with median house prices ranging from $1.23M to $1.5M and annual growth between 7.3% and 25%. Demand is driven by significant new project investment ($180.8M) and a critical undersupply, particularly for houses, which sell in just 20 days. Future growth is supported by this pipeline, but key risks include a 22.6% annual drop in house sales, indicating potential rate sensitivity.

PropCred Estimated Value

Bedrooms

Bathroom

Parking

5

Land

900m²

Built

Recent Assessments