12/29 Gordon Street Milton QLD 4064
12/29 Gordon Street Milton QLD 4064
2 bed apartment|86m² internals|Offers over $800k|Milton walk-to-CBD appeal|Flood overlay noted|Est value $872k|Rental $810pw potential. This two-bedroom apartment with 86sqm internals suits professionals or couples prioritising urban convenience and low-maintenance living near cafes and transport. At 86sqm it delivers practical space for daily life, with open layouts and a balcony that extend usability without excess footprint. Sitting in a 2015 strata complex on a 1208sqm lot, it blends mid-rise density with secure parking into a street of similar units, avoiding outlier status. A flood overlay introduces due diligence for buyers, though no bushfire or heritage constraints limit flexibility. Professionals commuting to the CBD or Suncorp Stadium gravitate to these, valuing the Milton train and CityCat proximity over larger homes. Comparable 2-bed apartments in the complex hover around $870k-$880k estimates, with this one listed competitively above $800k after a decade since last sale. Rental yields near 4.2% attract investors eyeing steady $800pw returns in a growth pocket. Long-term, its school catchments and NBN connectivity underpin holding value as inner-city demand persists. Positioned for stability rather than rapid flips, it appeals to those locking in lifestyle over land banking.
Detailed Independent Property Report prepared by PropCred Analyst team for 12/29 Gordon Street Milton QLD 4064
Market Insight:
Miltons demand is driven by its inner?city location minutes from the CBD, Suncorp/Lang Park and public transport, plus cafes, riverside lifestyle and a steady rental pool of professionals and studentsbuyers seek convenience, lifestyle and capital?growth potential. Risks include high entry prices, relatively low yields, interest?rate sensitivity and possible apartment oversupply; growth upside comes from limited land, precinct upgrades and continued urban infill. Prices have broadly edged higher over the past six months after strong annual gains.