2211/30 Johnston Street, Bulimba QLD 4171
2211/30 Johnston Street, Bulimba QLD 4171
1 bed 1 bath modern apartment | Bulimba inner-east lifestyle | 2018 build with ducted air | flood overlay noted
This is a relatively rare configuration for Bulimba: a genuinely modern one-bedroom apartment with ducted heating and cooling, floorboards, and secure parking in a 2018 complex. Most of the suburb’s apartment stock is older or in smaller boutique projects, so this unit stands out for its contemporary finishes and efficient layout. It would best suit a professional or downsizer looking for a low-maintenance home within walking distance of Oxford Street’s cafes and the ferry, or an investor targeting the same tenant profile. The flood overlay is the main factor that could affect how a buyer values this property. While the building itself is post-2018 and likely built to current flood standards, the overlay may influence insurance costs and some buyers’ perception of risk. The one-bedroom format also means resale demand is narrower than for two-bedroom units, so price growth may be more closely tied to the quality of the building and its location than to broader market movements.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2211/30 Johnston Street, Bulimba QLD 4171
Market Insight:
Bulimba is a premium, high-demand suburb anchored by its waterfront location and proximity to the CBD. Demand is driven by a mix of affluent families, young professionals, and high-end buyers, attracted by quality schools, lifestyle, and strong infrastructure. The market is characterised by rapid price growth, with median house prices of $2.2M and annual growth exceeding 14%, while units have surged over 25%. Future growth is underpinned by limited supply and renovation activity, though key risks include significant affordability constraints and sensitivity to interest rates given the high prevalence of mortgages.