16/7 Johnston Street, Carina QLD 4152

This is a 3-bedroom, 2-bathroom townhouse with 2 car spaces, offering 112m² of internal living on a 120m² lot in Carina. It is classified as a unit but functions as a low-rise townhouse in a quiet residential cluster. The configuration is above average for the area, where many units offer only 1 bathroom and 1 car space. This property sits in a family-friendly pocket of Carina, close to Brisbane City amenities, and benefits from strong rental demand. The estimated value sits around $1,043,000, and the gross rental yield is approximately 3.44%, which is moderate but stable given the family-oriented demand in the suburb. What is competitively strong here is the rare combination of 3 bedrooms, 2 bathrooms, and 2 car spaces in a townhouse format. This makes it a standout for young families or downsizers who need functionality without a large block to maintain. The property sits in a low-rise, quiet street with no bushfire risk, which adds to its appeal for owner-occupiers. It is well positioned within Carina, a suburb with high rental demand and ongoing residential development, meaning resale potential is supported by consistent buyer interest. The property serves best as a long-term family home or a low-maintenance investment with reliable tenant appeal. Factors that might materially affect value include the small lot size of 120m², which limits outdoor space and could deter buyers seeking a garden. The building age is not confirmed but is likely 5 to 10 years old, so depreciation and maintenance costs may be moderate. The estimated value of $1,043,000 is significantly higher than a 2020 sale of a similar unit in the same complex, which may indicate strong market appreciation or a need to verify the property’s condition and upgrades. Buyers should weigh whether the premium reflects genuine improvements or market momentum that could soften. No shared amenities exist on site, which may reduce appeal for those wanting resort-style features.