21501/22-36 Railway Terrace, Milton QLD 4064
21501/22-36 Railway Terrace, Milton QLD 4064
Compact 1-bed with car in Milton | Sold $505k mid-2024 | First-home and investor fit | Westmark Tower with balcony and city proximity
This unit is competitively positioned as a compact one-bedroom apartment with a car space in a modern tower, located only two kilometres from the Brisbane CBD. The open-plan living and covered balcony with large windows are functional features that suit first-home buyers, downsizers, or investors seeking a low-maintenance inner-city base. Its size and configuration are typical of newer Milton apartment stock, and the sale price of $505,000 in June 2024 provides a recent market benchmark for this specific lot.
Several factors may affect the property’s value and marketability. The internal floor area of 52 square metres is modest, which may limit appeal for buyers seeking more space. The absence of verified aspect, floor level, and build year means the unit’s exposure, noise profile, and age-related depreciation cannot be fully assessed from available information. Rental yield and ongoing demand remain unconfirmed, though the inner-city location and inclusion of a car space typically support consistent tenant interest.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 21501/22-36 Railway Terrace, Milton QLD 4064
Market Insight:
Milton is an inner-west Brisbane suburb positioned for urban professionals seeking proximity to the CBD. Demand is driven by investors and first-home buyers attracted by strong capital growth and the lifestyle appeal of a dense, well-connected locale. The market exhibits robust price appreciation across both houses and units, with high sales volumes indicating consistent activity. Future growth is underpinned by ongoing infrastructure development, though key risks include high price points impacting affordability and market sensitivity to interest rate movements given current yield levels.