20 Wand Street Nundah QLD 4012

20 Wand Street Nundah QLD 4012
Prime Nundah street | city views | 650m² level lot | 1930s character with modern updates | pool & solar The primary risk is the premium for position, with the price reflecting its status as arguably the best block on the best street, rather than the underlying dwelling. The opportunity lies in securing a large, level parcel in a tightly held locale, with immediate rental coverage to support a hold. This property suits a long-term holder who values land over structure. Its competitive strength is the rare combination of a substantial, elevated 650m² lot in a prime pocket with city views, modern liveability features, and no overlays, reducing holding complexity. This serves an owner-occupier seeking permanence or an investor targeting capital growth over yield, as the rental return is secondary to the land’s inherent scarcity. Your next step is to validate the intangible street premium against recent, unlisted sales in the immediate precinct to define your walk-away price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 20 Wand Street Nundah QLD 4012
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Market Insight:

Nundah is a high-growth, undersupplied market dominated by 30-39 year-olds, with median house prices ranging from $1.23M to $1.5M and annual growth between 7.3% and 25%. Demand is driven by significant new project investment ($180.8M) and a critical undersupply, particularly for houses, which sell in just 20 days. Future growth is supported by this pipeline, but key risks include a 22.6% annual drop in house sales, indicating potential rate sensitivity.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

650m²

Assessments Delivered Today

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