11/104 Gailey Road, St Lucia QLD 4067

11/104 Gailey Road, St Lucia QLD 4067
Top-floor privacy | No shared walls | 1990s low-rise stock | Flood overlay present | University catchment demand This property is competitively positioned as a top-floor apartment with no shared walls, a rare configuration in St Lucia’s low-rise 1990s stock that typically offers less separation. The unit sits within a small complex on a residential parcel, close enough to the University of Queensland and the inner-west corridor to attract both owner-occupiers and investors. The school catchment reputation adds durable demand, while the top-floor layout and garage parking improve liveability relative to standard apartments in this bracket. This property best serves a buyer seeking a well-located, low-maintenance unit with better privacy and noise isolation than most peers in the same age and price tier. The flood overlay may affect insurance costs and resale appeal, particularly for cautious buyers, though the specific unit’s top-floor position reduces direct exposure. Parking inconsistency across records suggests one or two spaces, which should be confirmed before forming a price view. The main-road setting on Gailey Road may introduce traffic noise, partially offset by the top-floor and no-shared-wall design. These factors, together with the limited data on interior finishes and orientation, mean the property’s value is most sensitive to its exact condition and parking allocation rather than location or configuration.
Detailed Independent Property Report prepared  by PropCred Analyst team for 11/104 Gailey Road, St Lucia QLD 4067
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk 2
Income Risk ! 1
Execution Risk
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St Lucia QLD 4067

St Lucia is a high-demand, affluent riverside suburb anchored by the University of Queensland, creating a dual market of owner-occupiers and renters. Demand is driven by young professionals, academics, and investors capitalising on the strong student and institutional presence. The housing market exhibits steady growth with premium pricing, while the unit sector shows notably stronger momentum. Future growth is underpinned by its prestigious educational catchment and constrained land supply, though high entry prices and low rental yields present affordability and investment sensitivity risks.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1165m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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