110/38 Love Street, Bulimba QLD 4171

110/38 Love Street, Bulimba QLD 4171
Ground-floor courtyard unit | boutique Bloom complex | separated bedroom layout | Bulimba lifestyle strip This property occupies a rare configuration in Bulimbaโ€™s apartment marketโ€”a ground-floor unit with a genuinely usable private courtyard and a floorplan that separates both bedrooms from the main living zone. For buyers who value indoor-outdoor flow and quiet privacy without stairs, this is competitively advantaged against most two-bedroom stock in the suburb. The oversized courtyard, low-maintenance turf, and covered patio effectively function as a private outdoor room, which typically commands a premium among downsizers and professional couples. The boutique complex scale and in-ground pool add lifestyle depth without the management overhead of a large tower. This unit suits an owner-occupier seeking a lock-and-leave home with genuine amenity, or an investor targeting the upper end of the rental market where tenant retention is strongest. The flood overlay is the primary risk and should be quantified through a flood level certificate and insurance premium checkโ€”it may narrow the buyer pool at resale and raise holding costs. However, the property sits within a premium suburb with strong demand fundamentals, good school catchments, and proximity to the riverfront dining strip. The ground-floor position and courtyard are structural differentiators that insulate value better than mid-level units in larger complexes. For an owner-occupier, this is a long-term hold in a tight market. For an investor, the rental yield is modest but the capital growth profile is supported by scarcity of this configuration. Buy it to live in or hold for ten yearsโ€”not to flip.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 110/38 Love Street, Bulimba QLD 4171
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Market Insight:

Bulimba is a premium, high-demand suburb anchored by its waterfront location and proximity to the CBD. Demand is driven by a mix of affluent families, young professionals, and high-end buyers, attracted by quality schools, lifestyle, and strong infrastructure. The market is characterised by rapid price growth, with median house prices of $2.2M and annual growth exceeding 14%, while units have surged over 25%. Future growth is underpinned by limited supply and renovation activity, though key risks include significant affordability constraints and sensitivity to interest rates given the high prevalence of mortgages.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

2189mยฒ

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