3/28 Bourne Street, Clayfield QLD 4011

Balcony facing north | secure garage | blue-chip Clayfield entry point | school catchment confirmed | no overlay risk This unit occupies a rare position in Clayfield’s market as a genuinely entry-level holding within a premium suburb where detached houses trade above four million. The 112-square-metre footprint is generous for a 1970s flat and the secure parking adds a layer of convenience that many comparable units lack. For a first-home buyer or an investor seeking sub-900k exposure to Brisbane’s inner north, the configuration works without compromise. The balcony and FTTP broadband are supporting features rather than primary drivers, but they reinforce the property’s suitability for professional tenants or owner-occupiers who value connectivity. The principal risk is age-related capital works given the 1970 build, though no overlay or flood exposure has been flagged. The rental yield sits near 3 percent, which is acceptable for a blue-chip suburb but not exceptional, meaning the buyer’s return will come more from land-constrained capital growth than from cash flow. The property suits a hold strategy of five to ten years, ideally with a view to renovating the bathroom and kitchen incrementally to lift both rent and resale appeal. If the buyer intends to occupy, the school catchment and low-maintenance footprint make this a straightforward long-term home.