1401/35 Burdett Street Albion QLD 4010

2 bed, 2 bath, 2 car park | 103sqm living | Owner-strong building | 47% aged 20-39 This unit offers a rare configuration advantage in a market where two-car parking is not standard, and the 103-square-metre living area is generous for a two-bedroom apartment. The building’s 60% owner-occupancy signals stable tenure and lower turnover risk, which matters for capital preservation. The demographic profile of Albion—nearly half the local population aged 20-39—suggests consistent rental demand from professionals, making this suitable for an owner-occupier seeking space and parking, or an investor targeting the young professional tenant base. The primary risk is the building’s 0% auction clearance rate and 76 units sold this year, which may indicate a soft resale market or high vendor competition. The 2014 last sale date means the buyer may face a longer hold period to see meaningful capital growth. However, the strong owner-occupier ratio and proximity to Ascot State School and Kedron State High School provide a buffer. The commercial logic is straightforward: buy for the configuration and parking edge, hold for stable rental yield, and exit only when the building’s turnover normalises. Use this property as a long-term hold.