2/4 Moore Street, Victoria Point QLD 4165

3-bed unit in house suburb | rare dual-bathroom configuration | high-growth street with mixed holding periods | strong rental yield potential | no overlays. This property presents a competitively strong entry into a suburb dominated by houses, offering a three-bedroom, two-bathroom configuration that is uncommon for units in the area and directly serves small families or investors seeking above-average tenant appeal. Its position on Moore Street, where recent sales demonstrate annual growth between 5% and 10%, anchors it within a proven micro-market. The absence of overlays removes a layer of regulatory risk, while the established school catchments and reliable connectivity provide foundational amenity. This unit is best suited for a long-term holder-either an owner-occupier leveraging the schools or an investor capitalising on the estimated 5% yield-who can benefit from the street’s upward trajectory without the premium for a standalone house. The primary risk is the property’s compressed land size of 91 square metres, which fundamentally caps its capital growth relative to the larger lots on the same street and may challenge resale liquidity among buyers seeking land component. The variance between the listed price and the lower estimated value requires immediate due diligence on recent sales to justify the premium. The opportunity lies in acquiring a high-utility unit in a high-growth corridor at a price point well below the local house median, with a commercial logic supported by strong rental demand and quick market turnover evidenced by comparable sales. Proceed with a valuation contingency, but consider this a strategic hold for five to ten years to realise the street’s compounding growth. Recent comparable sales provide critical context: 3/2/1 on Moore Street sold for $885,843 after just two days on market in November 2025; a 2/2 unit nearby sold for $813,000 in January 2026. These transactions, particularly the swift sale at a price near this property’s listing, signal sustained demand for well-configured units in this location. For a buyer, this data benchmarks the subject property’s offering and suggests that while the $900,000-plus asking price is at the top of its estimated range, it is not without precedent in a competitive segment.