105/28 Cartwright Street, Windsor QLD 4030
105/28 Cartwright Street, Windsor QLD 4030
2 bed, 2 bath, 1 car | 98 mยฒ apartment | Small 39-unit complex | Windsor inner-north | 5.3% yield signal
This is a larger-format apartment in an established inner-north suburb, where spacious two-bedroom units are uncommon. The 98 mยฒ floor area and two-bathroom configuration give it an edge over standard compact apartments, making it suitable for owner-occupiers seeking low-maintenance living without sacrificing space, or for investors targeting professional tenants. The small 39-unit complex suggests a quieter, less transient environment than larger developments, which typically supports stronger owner-occupier demand and more stable occupancy. The configuration fits the suburb’s mix of older housing and apartment stock, positioning this unit as a practical alternative to a townhouse for downsizers or couples.
The sale price signal of $690,000 and a nearby rent of $700 per week indicate a gross yield around 5.3%, which is competitive for this area, though this is an inference from separate data points. The lot and floor area being identical suggests no balcony or private outdoor space, which might limit appeal for some buyers. Without verified data on finishes, orientation, or building age, the property’s condition and aspect could materially affect its value, a dated interior or poor natural light may require price adjustment, while a well-maintained unit with good orientation could justify a premium. The lack of confirmed amenities like a lift or pool means buyers should inspect the building’s common areas and strata records carefully.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 105/28 Cartwright Street, Windsor QLD 4030
Market Insight:
Windsor’s inner-north positioning attracts a young, high-income demographic, driving robust demand. Recent data shows strong house price growth (8-12% annually) and exceptional unit growth (19-29%), with tight supply (27-38 days on market) and high rental demand supporting investor yields. Future growth is underpinned by significant population increases and Brisbane’s infrastructure pipeline, though high median prices and limited stock present affordability and supply constraints.