1/11 Gardner Street, Nundah QLD 4012
1/11 Gardner Street, Nundah QLD 4012
Boutique 4-unit complex | Dual-level dual living layout | Walkable Nundah Village | Traditional character with modern finishes
This townhouse presents a competitively rare configuration for its locale, merging a dual-living floorplan with character details in a small, walkable complex. The upstairs living with treetop balcony and a separate downstairs suite with yard creates immediate utility for extended families, guests, or rental income, a functional edge over standard three-bedroom layouts. Its walkable position to Nundah Village and transport anchors its appeal to owner-occupiers seeking low-maintenance convenience without sacrificing space or character.
Proceed with the understanding that its 129mยฒ lot and complex title inherently limit land value appreciation compared to standalone houses, a trade-off for its lock-and-leave convenience. The significant variance in automated valuations underscores the need for a professional appraisal to anchor your offer. Secure this property as a long-term hold to leverage its dual-income potential or multi-generational utility, not for speculative land gain. Its value is in its functional design, not its underlying land parcel.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/11 Gardner Street, Nundah QLD 4012
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.