1103/21 Mary Street Brisbane City QLD 4000
1103/21 Mary Street Brisbane City QLD 4000
CBD core | Botanic Gardens outlook | Queen’s Wharf proximity | New metro station adjacency
This unit presents a low-risk, high-convenience proposition for a city-focused buyer. The absence of environmental overlays removes a common cost risk, while the recent refurbishment limits immediate capital outlay. Its primary opportunity lies in capturing the premium attached to the imminent Albert Street Station completion, which will solidify its walkable access to employment and recreation. This property is best held as a long-term residence for a professional seeking a lock-and-leave lifestyle, or as a stable rental investment with a proven tenant history. Its competitive strength is its position within a rapidly evolving precinct, not just its internal finishes. The combination of a private leafy aspect, direct access to major new infrastructure, and quality building amenities is rare for a one-bedroom offering in this price segment. It serves the owner-occupier seeking a superior finish in a transit-oriented location, or the investor targeting resilient demand from tenants valuing proximity to the Queen’s Wharf entertainment district. Your next step is to assess the strata health to confirm this strategic position is not undermined by building maintenance costs.
Recent sales in the same building demonstrate a clear value gradient based on floor level. A second-floor unit recently transacted around $555,000, while a comparable unit on the 26th floor of a nearby building commanded offers over $620,000. This establishes a credible value benchmark, indicating this 11th-floor unit occupies a middle premium position.
Detailed Independent Property Report prepared by PropCred Analyst team for 1103/21 Mary Street Brisbane City QLD 4000
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Brisbane City is a high-density urban core where demand is driven by investors, first-home buyers, and interstate migrants, all pivoting to the unit market due to affordability pressures. Recent price performance has been exceptionally strong, with units significantly outperforming, supported by a critically tight rental market and severe supply constraints. Future growth is anchored by major infrastructure like the Cross River Rail, though the market remains sensitive to affordability limits and higher borrowing costs.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
910m²
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