2/57 Hodgson Street, Zillmere QLD 4034
2/57 Hodgson Street, Zillmere QLD 4034
3 bed 2 bath 141m² unit | Boondall & Aspley catchment | 24-day sell cycle | 4% rental yield | Large format apartment
A competitively strong position is held by this 141m² unit, with three bedrooms and two bathrooms giving it a configuration more commonly found in townhouses. Practical appeal is added by its placement in the Boondall State School and Aspley State High School catchments, and efficient demand is signaled by the suburb’s 24-day average selling period. A 4% rental yield is supported by a $600 weekly unit rent, and suitability for both owner-occupiers and investors is derived from this. The buyer who is best served by this property is likely a family or investor seeking a spacious, well-located unit without stepping up to a house price.
The value of this unit may be influenced by its lack of a separate land title, which typically limits capital growth versus houses. A premium might be attracted by its larger internal area, yet appeal could be constrained by the lack of ground-level access. Liquidity is suggested by the 24-day market and 15 annual sales, but price gains may be moderated by unit supply. School catchments might be weighed against the building’s age and finish quality.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/57 Hodgson Street, Zillmere QLD 4034
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
URL has been copied successfully!
Market Insight
Zillmere is a Brisbane suburb where demand is anchored by professionals aged 30-39 and childless couples; over half of residents rent. House price growth spans -4.5% to 18.6% across sources, with medians from $697,000 to $965,000; units have grown 10.5-18.3%, with medians from $449,000 to $680,000. Market conditions favour sellers: houses sell in 10-28 days and annual sales total 94-136. Rental yields remain moderate—houses 3.1-4.1%, units 3.6-5.3%. Quick turnover, a high renter share, and sustained sales volumes point to robust demand from both investors and owner-occupiers. One constraint is conflicting price data: one source shows a 4.5% house decline; other sources show growth. Future growth appears supported by young professional demand; the lack of affordability, supply, and rate-sensitivity data leaves those risks unquantified.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 35 Illawong St Zillmere sold $870k Jul 2023 | Listed Price Band: $800k–$900k | Value Indicator: 141m² layout, school catchments, rental yield
Bedrooms
3
Bathroom
2
Parking
1
Land
87m²
URL has been copied successfully!