10903/300 Old Cleveland Road, Coorparoo QLD 4151
10903/300 Old Cleveland Road, Coorparoo QLD 4151
2 bed, 2 bath, 1 car | Coorparoo Square positioned | Large 1ha lot complex | No overlay exposures
This unit presents a competitively configured offering within a large, master-planned complex, directly accessing the amenity of Coorparoo Square. The two-bedroom, two-bathroom format with a car space meets core investor and downsizer demand, while the absence of council overlays simplifies due diligence. It serves an owner-occupier seeking low-maintenance convenience or an investor targeting the established school catchments.
Proceed with the understanding that the lot size refers to the entire scheme, not your title, diluting land value appeal. The adjacent unit’s 2023 sale provides a stale benchmark in a rising market, demanding fresh comparables. Secure it only at a price reflecting its generic finishes and unknown floor level, treating it as a functional holding in a supply-constrained node.
Nearby sales show 66 two-bedroom apartments sold within a 4km radius over the last eight months, demonstrating strong transaction volume for the configuration. The directly comparable adjacent unit at 10904/300 Old Cleveland Road sold in June 2023, but that price point is now historically irrelevant in Brisbane’s moving market. This volume confirms liquidity for two-bedroom product, though the Coorparoo median of $765k for units suggests this listing’s valuation seeks a premium for its specific positioning and condition.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Coorparoo is a high-demand, established suburb positioned as a premium inner-city location. Demand is driven by young professionals and downsizers seeking low-maintenance apartments and renovator-friendly houses, attracted by its amenity and connectivity. The market exhibits strong price growth across both houses and units, with a notably faster sales pace for apartments indicating intense competition. Future growth is underpinned by major infrastructure projects enhancing accessibility, though the market remains sensitive to interest rate movements and faces significant affordability constraints at its current elevated price point.