10/29 Corella Place, Runcorn QLD 4113

3 bed townhouse | 1 bath | 1 car | Runcorn complex | strong recent growth This property sits within a 22-unit complex where recent sales have demonstrated unusually high capital growth, with one unit achieving over 15% annualised return in two years. The 3-bedroom, 1-bathroom configuration is standard for the complex but rare in the broader Runcorn market for townhouses, giving a buyer a clear entry point into a proven growth pocket. The 61% owner-occupancy rate in the suburb and 33% of residents staying over a decade signal stable demand, making this most suitable for an owner-occupier or a long-term investor seeking low turnover risk. The primary risk is the shared land title across 1.38 hectares, which limits individual control and may affect future redevelopment potential. The single bathroom is a constraint for families or tenants seeking more flexibility, potentially narrowing the buyer pool. However, the opportunity lies in the complex’s consistent sales trajectory and the current rental indication of $580 per week, which supports a solid yield. A buyer should verify body corporate fees and any upcoming levies, as these can erode returns in a complex of this size.