113/64 Glenlyon Street, Gladstone Central QLD 4680

113/64 Glenlyon Street, Gladstone Central QLD 4680
2 bed 2 bath 1 car | 104 m² unit | CBD Gladstone Central | $450 pw rent signal | mid-$300k comparable sales This unit sits within a secure, well-maintained apartment complex in the heart of Gladstone Central, offering a genuinely low-maintenance layout that suits investors and owner-occupiers seeking a central base. The 104 m² size is generous for a two-bedroom apartment, and the inclusion of air conditioning, balcony, built-in robes, and dishwasher lifts it above basic stock. With the address in both the Gladstone Central State School and Gladstone State High School catchments, it appeals to families wanting an inner-city unit close to retail, transport, and the hospital. The rental signal around $450 per week and the active demand for this building type suggest a property that suits a buyer looking for steady rental income or a convenient first home in a well-located precinct. The value of this unit may be influenced by its floor level and exact finish quality, as those features vary within the same complex. In-building resales for similar two-bedroom units have clustered around $315k to $335k, so pricing logic likely sits near that range. The property’s modest size and standard apartment format mean it may not attract buyers seeking larger floor plans or outdoor space, but its central location and secure complex should support ongoing rental demand. Buyers weighing an offer might focus on how the unit’s presentation and balcony orientation compare with other units in the building, as those factors could affect both comfort and resale appeal.
Detailed Independent Property Report prepared  by PropCred Analyst team for 113/64 Glenlyon Street, Gladstone Central QLD 4680
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk 2
Income Risk
Execution Risk
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Market Insight

Gladstone Central is an affordable employment-driven hub with strong regional connectivity. Demand is primarily from owner-occupiers and returning yield-focused investors, supported by infrastructure growth. The house market shows robust recent growth (up to +20%+), with tight vacancy (<1%) and solid yields (~5.88%). Future growth is tied to employment, though units face softer demand from past oversupply, while house supply remains balanced.
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PropCred Estimated Value

Comparable Sales: 235/64 Glenlyon St sold $330k; 137/64 Glenlyon St sold $335k | Listed Price Band: $300k–$400k | Value Indicator: floor level, balcony aspect, internal condition

Bedrooms

2

Bathroom

2

Parking

1

Land

104m²

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