2/40 Berrima Street Wynnum QLD 4178
2/40 Berrima Street Wynnum QLD 4178
Modern townhouse complex unit | Built 2020 | Estimated $1.336M | $805/week rental potential
This three-bedroom, two-bathroom townhouse in a boutique complex suits owner-occupiers and investors seeking low-maintenance urban living with waterfront proximity and established amenities within walking distance.
The property was constructed in 2020 as part of the Breeze on Berrima complex, positioning it within the contemporary townhouse segment rather than the older character stock that dominates parts of Wynnum. The unit occupies approximately 83 to 133 square metres depending on measurement methodology, which reflects the compact footprint typical of boutique complexes designed for space efficiency and minimal upkeep. Current market positioning places the estimated value at $1.336 million, supported by comparable sales within the same building where adjacent units have sold between $685,000 and $965,000 over the past three years, suggesting either significant price appreciation or variance in unit specifications and timing. The property’s rental yield sits at approximately $805 per week, indicating a gross yield around 4.2 percent, which aligns with investor-focused townhouse expectations in established Brisbane suburbs. Buyers drawn to this category typically prioritise location convenience and maintenance simplicity over land size or renovation potential, as the townhouse format inherently limits structural customisation. The position within walking distance to Wynnum’s waterfront precinct and retail hub provides long-term lifestyle appeal that tends to sustain demand regardless of broader market cycles. Properties of this type have demonstrated resilience in the local market, with consistent sale activity and high seller satisfaction rates reported in the Wynnum postcode, suggesting the complex maintains desirability among its target demographic.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
WynnumΒs bayside lifestyle, improved transport links to Brisbane and strong local amenity are driving steady demand from downsizers, professionals and investors seeking lifestyle and relative value. Coastal flood and storm?surge exposure and interest?rate sensitivity are the main risks, while unit growth, renovation upside and infrastructure spillovers are the key opportunities; over the past six months house values have been broadly flat to modestly up while units have recorded stronger gains.