2/37 Rode Road, Wavell Heights QLD 4012

2/37 Rode Road, Wavell Heights QLD 4012
2 bed, 1 bath, 2 car unit | Rode Road location | 70% rented building | built-in robes both bedrooms This unit sits in a small, low-density block on a busy arterial road, which is a configuration that is not common in Wavell Heights. The building is 70% rented, indicating strong tenant demand and investor interest, which may support future resale. The unit offers built-in robes in both bedrooms, a separate toilet, and an integrated laundry โ€” features that appeal to owner-occupiers and downsizers seeking low-maintenance living. The two-car parking, though inconsistent across listings, is a notable advantage for a unit of this size and type. The property’s position on Rode Road may introduce traffic noise, which could affect liveability and buyer willingness to pay a premium. The unitโ€™s age and finishes are not confirmed, so the condition of the building and any recent upgrades could materially influence value. The conflicting parking count across sources means a buyer should verify the actual allocation. The $805,000โ€“$878,000 estimate range and a recent $755,000 sale in the building suggest price sensitivity; a buyer should weigh the unit’s internal condition and any body corporate obligations carefully.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/37 Rode Road, Wavell Heights QLD 4012
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Market Insight:

Wavell Heights is a high-demand, family-oriented suburb driven by affluent professionals, underpinning its robust market. Recent price growth for houses has been exceptionally strong, with units offering a more accessible entry point. This demand is reflected in competitive sales conditions and rising rents. Future growth is supported by its established residential appeal, though the market shows sensitivity to price adjustments and increased property listings.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

858mยฒ

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