14/65 Ronald Street, Wynnum QLD 4178

2-bedroom apartment in Wynnum Central | 79m² internal with garage | strong comparable sales growth in building | flood overlay flagged. This property offers a rare combination of compact efficiency and strong recent capital growth within its own building, with four of five comparable units sold in the last two years showing annualised gains above 10%. The 79m² floorplan with two bathrooms and a garage is a practical configuration for owner-occupiers or tenants seeking a low-maintenance base near Wynnum’s amenities. The building’s tenure profile, with most owners holding under three years, signals active turnover and a market that has been pricing in gains. The property suits a buyer looking for a well-located unit with proven demand, where the current listing sits below estimated value, offering potential equity upside. The primary risk is the flood overlay, which may affect insurance costs and future resale liquidity, particularly for cautious lenders or buyers. The 804m² lot is a strata title, so land value is shared and not a standalone advantage. The opportunity lies in the gap between the $795,000 listing and the $840,000 estimated value, supported by the $760,000 sale of Unit 5 in late 2025. Rental income at $665 per week provides a modest yield but positive cash flow for an investor. Hold this property for medium-term capital growth, or occupy to capture the value uplift while benefiting from Wynnum’s improving infrastructure and school catchment.