2112/38 Hope Street, South Brisbane QLD 4101
2112/38 Hope Street, South Brisbane QLD 4101
2 bed, 2 bath, 1 car | 78m² modern tower | river precinct amenity | valuation spread signals caution | strong rental demand location
This is a well-configured two-bedroom apartment in a modern South Brisbane tower, positioned within a high-amenity riverfront precinct. The building’s rooftop pool, terrace, and barbecue facilities, combined with river views from at least some units, place it above basic entry-level stock. The 78m² floor area is competitive for the suburb, and the inclusion of parking, air conditioning, and a balcony supports both owner-occupier comfort and tenant appeal. This property is best suited to a professional couple, downsizer, or investor seeking inner-city convenience near South Bank, QPAC, and public transport. The building’s hotel-style amenities and contemporary finishes reinforce its position as mid- to upper-tier apartment stock within the local market.
The wide gap between valuation sources for this address may reflect real uncertainty about floor level, aspect, or condition—each of which can materially affect price in a tower setting. The unit’s position on a high floor and its exact view corridor are not confirmed, and these factors typically drive significant premiums or discounts. The underlying strata lot size is large at 864m², but this is the building footprint, not private land, so it does not add value in the traditional sense. A same-building sale from 2015 at $770,900 provides a historical reference point, but the market has moved considerably since then. Buyers should seek verified recent sales within the same building or comparable towers to anchor their price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 2112/38 Hope Street, South Brisbane QLD 4101
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
South Brisbane is a tightly held inner-city suburb where demand is driven by professionals and investors drawn to its connectivity and urban lifestyle. The market is characterised by strong competition for limited housing stock, with recent price growth reflecting this sustained pressure. Future growth is underpinned by its proximity to major employment hubs and a robust rental market, though affordability constraints and sensitivity to interest rates present ongoing challenges for buyers.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
864m²
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