267/420 Queen Street Brisbane City QLD 4000

267/420 Queen Street Brisbane City QLD 4000
Offers over $800k |Est. value $808k-$840k |2-bed city apartment |$750pw rental yield. This 2-bedroom apartment on a 3080sqm lot suits professionals or investors seeking central urban living with reliable connectivity. Positioned in a high-density complex on Queen Street it delivers practical space for small households through its two bedrooms one bathroom and single car space alongside features like floor-to-ceiling glass and a balcony capturing city views. The generous lot share within the building underscores its slice of prime CBD real estate where individual units benefit from collective scale. Buyers drawn to similar 2-bedroom apartments here typically include young professionals prioritizing walk-to-work access or investors eyeing steady rental returns around $710-$785 weekly. In Brisbane City these units have shown resilience with estimated values holding firm near $800k despite market fluctuations. Long-term appeal stems from the heritage overlay adding subtle prestige alongside no flood or bushfire risks and strong school catchments for families testing urban options. Market performance for comparables like nearby 322/420 at $921k estimated suggests this property aligns competitively particularly as it’s freshly listed after a 2008 sale. Holding value looks solid given NBN fibre and 5G coverage supporting remote work trends in the core. Overall it positions as a low-maintenance CBD hold with income potential in a street dominated by like-configured apartments.

Market Insight:

Brisbane City 4000 demand is underpinned by persistently low inner-city listings, interstate migration seeking affordability, and investors competing with first-home buyers in a market where vacancy remains historically tight. ([metropole.com.au](https://metropole.com.au/brisbane-housing-market-update/?utm_source=openai)) Lifestyle and infrastructure catalysts—Cross River Rail, Brisbane Metro and Olympic-linked upgrades—keep the CBD attractive while scarce housing stock nudges renters into ownership as they chase proximity to work and amenity. ([artierpropertygroup.com.au](https://www.artierpropertygroup.com.au/brisbane-property-market-2026/?utm_source=openai)) Prices continue to trend higher—Brisbane recorded roughly 0.7% growth in February even as capital cities hit a record national million-dollar median—and the main risk is that further rate rises and APRA lending tweaks will soften borrowing appetite despite the ongoing supply shortfall keeping momentum alive. ([news.com.au](https://www.news.com.au/finance/real-estate/capital-city-property-prices-defy-rba-as-median-value-soars/news-story/85dc8703815875d212f53b4337cda9cf?utm_source=openai))

PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

80m²

Built

Recent Assessments