1/108A Ewing Road, Woodridge QLD 4114

Low-set brick unit with timber ceilings | Woodridge median-priced two-bedder | Strong rental yield near 5% | Suits first-home buyer or investor | 14-day average market turnover. This property offers a rare combination of single-level brick construction and timber high ceilings in a market dominated by standard builds, giving it a structural and aesthetic edge that supports both owner-occupier appeal and tenant retention. Its 80-square-metre layout, stair-free access, and covered rear deck target downsizers and first-home buyers seeking low-maintenance living, while the $520–$550 weekly rental appraisal against a $500k–$550k price band implies a gross yield of approximately 5%, well above the suburb average. The short 14-day average days on market for Woodridge two-bedroom units signals strong buyer demand, and the property’s vacancy and readiness to occupy reduce holding costs and settlement risk for a cash buyer or pre-approved purchaser. The primary risk is the unit’s position within a 17-property complex on a 4045-square-metre lot, which may limit capital growth relative to standalone houses and introduces body corporate fees of $900 per quarter that reduce net yield. The 2015 purchase price of $194,000 highlights significant price appreciation, but the current listing band aligns with the suburb median, suggesting limited short-term upside without renovation or rezoning. An opportunity exists to negotiate below the $550,000 upper band given the seller’s open offer stance and recent listing history. Hold this property as a long-term rental for stable cash flow, or occupy it as a cost-effective entry into a market with improving infrastructure and young demographic demand.