1/18-20 Rose Street Westcourt QLD 4870
1/18-20 Rose Street Westcourt QLD 4870
3 bed ground floor unit |Offers over $419k |Walk to DFO |Est value $437k |Rental $500-550pw |Built 1989 |92sqm lot. This three-bedroom apartment on a 92sqm lot in a boutique 14-unit complex suits downsizers or investors seeking walkable access to shopping and schools. Ground floor positioning delivers practical courtyard living with direct pool access, ideal for low-maintenance tropical use without stairs. Its 84sqm interior, freshly painted with split system AC and dishwasher-equipped kitchen, supports comfortable occupancy for small families or couples. Sitting one block from DFO in a street of similar 1980s complexes, it blends seamlessly into Westcourt’s inner-urban fabric, close to Balaclava State School catchment. Buyers drawn to such units often include CBD commuters valuing the four-minute drive and reliable NBN, alongside those eyeing steady rental yields around 6.5 percent. Comparable three-bed units in the complex and street have sold recently from $272k to $385k, with a nearby two-bed fetching $301k in February 2026, signaling solid demand despite a balanced market averaging 35 days on market. The $41k sinking fund adds strata stability, buffering body corp costs at $7k yearly. Flood overlay noted, yet no heritage constraints enhance holding appeal for long-term investors in a suburb seeing 13.9 percent unit growth over the past year. Positioned for resilience, it offers value above the local $365k median.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/18-20 Rose Street Westcourt QLD 4870
Market Insight:
Westcourts limited listings, sub-1 month supply and sub-1% vacancy keep competition strong, so buyers chasing Cairns CBD proximity, reliable rental yields and value below $650k remain active. Prices have been tracking consistently up, with the market showing mid-single-digit growth over the past six months as solid demand outpaces stock additions. The main risks are income-sensitive buyers given the suburbs below-neutral socio-economic score and higher renter share, but the constrained supply plus steady infrastructure interest keeps upside intact for strategic investors.