211/11 Carriage Street, Bowen Hills QLD 4006
211/11 Carriage Street, Bowen Hills QLD 4006
2 bed 2 bath 1 car | 76 sqm inner-city apartment | sold 2022 for $460k | gym and pool building | strong rental demand signals
This unit is a competitive entry point into Brisbane’s inner-ring apartment market, offering a modern 76 sqm layout with built-in robes, dishwasher, floorboards, and secure parking. It sits within a larger precinct near the RNA Showgrounds, Fortitude Valley train station, and major hospital and employment hubs, which positions it well for professionals, investors, and downsizers seeking low-maintenance living. The building’s gym and pool amenities add lifestyle appeal, while the 2 bed 2 bath configuration is a standard but sought-after format for this area. The property serves best as a rental investment or a convenient owner-occupier home for those prioritizing proximity to the CBD and transit.
The sale price of $460,000 in 2022 may reflect market conditions at that time, and subsequent sales in the same building at higher values suggest potential appreciation. Rental appraisals around $650 to $850 per week indicate strong income potential, but actual yields will depend on achieved rent and acquisition costs. The property’s value could be influenced by its floor level and aspect, which are not confirmed, and by broader market trends in this high-density precinct. Buyers should weigh the building’s age and any upcoming body corporate levies, as well as potential noise or congestion from nearby event and infrastructure activity, including developments linked to the 2032 Olympics.
Detailed Independent Property Report prepared by PropCred Analyst team for 211/11 Carriage Street, Bowen Hills QLD 4006
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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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
2
Bathroom
2
Parking
1
Land
76m²
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