13/14 City Road, Beenleigh QLD 4207

13/14 City Road, Beenleigh QLD 4207
1 bed 1 bath unit | sold Jan 2025 | estimated $657k | 5.67% nearby yield | compact investor stock near transport This is a compact one-bedroom unit within a multi-unit building, making it a low-maintenance entry point for investors or downsizers seeking proximity to Beenleighโ€™s town centre and transport corridor. Its small footprint and single-car allocation suit the tenant pool looking for affordability and convenience, which supports consistent rental demand. The nearby comparable trading at $550,000 with a $600 per week rental ask implies a gross yield of 5.67%, reinforcing the propertyโ€™s appeal as a straightforward income-producing holding. The building sits on a moderately sized site, though the unit itself offers limited living space, which positions it as practical rather than spacious. The conflicting land-size records and absence of detail on floor level, aspect, finishes, or building age may introduce uncertainty when comparing value to similar stock. Without verified rental history for the unit itself, the yield signal is inferred from a nearby sale rather than directly confirmed. The estimated value of $657,000 from one source could be tested by recent transaction evidence, so a buyer should weigh whether the price reflects the unitโ€™s modest configuration and lack of premium features. The lack of disclosed amenities or renovation level means the propertyโ€™s condition and position within the building remain key unknowns that could influence its final market price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 13/14 City Road, Beenleigh QLD 4207
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Market Insight:

Beenleigh is a high-growth, affordable entry point into Greater Brisbane, driven by young couples and strong investor demand. House prices have surged over 140% in five years, with units exceeding 175%, supported by robust rental growth and low vacancy. Key demand drivers include significant population growth and a tight sales market, with houses selling in as few as 17 days. Future growth is underpinned by this momentum, though household incomes remain well below the regional average, presenting a key affordability constraint.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

523mยฒ

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