3/100 Mackay Street, Coorparoo QLD 4151

3/100 Mackay Street, Coorparoo QLD 4151
2-bed, 1-bath unit in Coorparoo | flood overlay requires due diligence | strong recent growth in complex | oversized garage with laundry This unit’s competitive edge lies in its combination of a private courtyard and an oversized garage with integrated laundry,rare for a 1975 apartment block. The open-plan layout flowing to a balcony and floorboards gives it a modernised feel without the premium of a new build. Positioned within strong school catchments and near transport, it serves owner-occupiers seeking space and investors wanting solid rental demand. The communal herb garden is a small but distinctive lifestyle addition. The flood overlay is the primary risk, demanding a building inspection and insurance check; this may narrow the buyer pool at resale. The land size discrepancy (55-61mยฒ) is minor but worth clarifying. With recent comparable sales in the complex showing 24.8% annual growth, the property offers capital upside if bought near the lower end of the search band. Hold for medium-term growth or use as a stable rental yielding around $530 per week.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/100 Mackay Street, Coorparoo QLD 4151
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Market Insight:

Coorparoo is a high-demand, established suburb positioned as a premium inner-city location. Demand is driven by young professionals and downsizers seeking low-maintenance apartments and renovator-friendly houses, attracted by its amenity and connectivity. The market exhibits strong price growth across both houses and units, with a notably faster sales pace for apartments indicating intense competition. Future growth is underpinned by major infrastructure projects enhancing accessibility, though the market remains sensitive to interest rate movements and faces significant affordability constraints at its current elevated price point.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

61mยฒ

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