2/49 North Qy, Scarborough QLD 4020

2/49 North Qy, Scarborough QLD 4020
3-bed townhouse in Scarborough | 221mยฒ land | built 2006 | multi-car parking | immaculate condition throughout This property presents a well-considered configuration for buyers seeking a low-maintenance coastal home. Its 3-bedroom, 2-bathroom layout with generous parking provision positions it above typical entry-level stock, serving downsizers or small families who value convenience over land area. The 2006 build quality is evident in the immaculate condition described, and the 221mยฒ lot offers manageable outdoor space without the upkeep of a larger block. In Scarborough’s market, this format competes strongly with newer infill developments while retaining a more generous footprint than many apartment alternatives. The modest land size and townhouse format may limit capital growth compared to detached houses on larger parcels, though this is balanced by stronger rental demand from the coastal lifestyle market. The inconsistent parking count across listings warrants verification, as additional car spaces could meaningfully improve appeal. Being a mid-2000s build, the property may have original finishes that could require updating within the next decade, depending on current condition. Buyers should confirm the exact floor level and aspect, as these factors influence natural light and privacy in attached dwellings.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/49 North Qy, Scarborough QLD 4020
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Market Insight:

Scarborough offers a coastal lifestyle underpinned by strong, dual-track growth. House values have risen up to 18% in the past year, while units have surged over 20%, driven by robust sales activity. Demand is anchored by an established, older demographic and is broadening to include young professionals and downsizers seeking units. This is creating a dynamic market with houses selling in approximately 40 days and units offering higher rental yields. Future performance will hinge on maintaining this broad demand base amid sustained affordability pressures.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

3

Land

221mยฒ

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