2024/16 Hamilton Place, Bowen Hills QLD 4006
2024/16 Hamilton Place, Bowen Hills QLD 4006
1 bed, 1 bath apartment | Chelsea complex, built 2012 | Investor/first-home buyer profile | Pool and gym amenity | Mid-$500k to low-$600k value range
This apartment sits within a post-2010 building in a transit-oriented inner-city precinct, where compact one-bedroom units are the standard format. Its competitive strength lies in the building’s amenity package—pool, gym, secure parking, and ducted cooling—which appeals strongly to investors and first-home buyers seeking low-maintenance living with strong renter demand. The property serves best as a reliable rental product or an entry point into Brisbane’s apartment market, supported by the suburb’s dense urban character and proximity to the CBD.
The value of this unit may be influenced by its floor level and aspect, which are not confirmed from available information; an enclosed balcony or leafy outlook could improve desirability, while a lower floor or street-facing orientation might reduce it. The building’s age and standard fitout suggest a mid-range finish, so price expectations should be tempered against comparable units within the same complex. Rental demand appears solid, with yields in the high-4% to low-6% range, but the property’s ultimate sale price will depend on position and presentation rather than land scarcity.
Detailed Independent Property Report prepared by PropCred Analyst team for 2024/16 Hamilton Place, Bowen Hills QLD 4006
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Bowen Hills is a high-demand inner-city suburb, positioned for its proximity to the CBD and vibrant lifestyle. Demand is driven by a diverse demographic of young professionals, students, and families, attracted by its amenity and rental appeal. Recent price trends show strong capital growth for houses, supported by low vacancy rates and consistent sales activity, indicating a robust and competitive market. Future growth is anchored in its enduring appeal to a qualified workforce and its strategic location, though the market remains sensitive to broader economic conditions.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
3328m²
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