10/64 Lambert Street, Kangaroo Point QLD 4169

Kangaroo Point’s riverside address, bridge access and apartment stock keep demand buoyant, reflected in the 11.1% annual rise to an $800k median unit price and 324 settled in the past year, while buyers continue to chase the 26-day market pace. Over the past six months prices have broadly stayed firm, with unit momentum offsetting a flat house segment that is hamstrung by just five listings and a 4.8% yearly lift, suggesting further upside will hinge on fresh supply. Rental growth near double digits on houses and units, coupled with a 4.2% unit yield, highlights income opportunity but also flags that the premium – 1.9% yield for houses and sub-$740 weekly rents – carries the risk of softer demand if the market cools.