3/62 Hamilton Road, Moorooka QLD 4105

3/62 Hamilton Road, Moorooka QLD 4105
1976 unit | 90m2 | 2-1-1 | Moorooka corridor | direct closed sale at $778k This apartment is positioned within an established low-rise pocket of Moorooka, where 1970s units are valued for their generous floor area. With 90 square metres, the layout is considered more spacious than typical modern apartments, while the single bathroom and single car space are kept straightforward for low-maintenance living. The property is best suited to first-home buyers, downsizers, or investors seeking a practical unit on a commuter corridor. The Hamilton Road location is known for convenient access to Moorooka train station, local shopping, and parks, which supports steady owner-occupier and rental demand. The 1976 build age is common in this area, and the unit’s larger format is recognised as a functional, comfortable home. The absence of confirmed details on floor level, aspect, and internal condition may influence how the property is perceived against newer stock. An older unit might carry expectations of dated finishes or limited amenities, which could temper the price if the presentation is not updated. Conversely, a quiet position and good natural light would reinforce the value suggested by the comparable sale. Body corporate fees and any sinking fund obligations must also be weighed, as they vary across older complexes and can affect long-term affordability. >> Comparable Sales: 5/62 Hamilton Road sold $778,000 (Jan 2026); 6/130 Hamilton Road sold $380,000 (Jan 2022) | Property Price Band: $650,000–$750,000 | Value Drivers: floor area, 1976 unit character, proximity to transport
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/62 Hamilton Road, Moorooka QLD 4105
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
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Market Insight

Moorooka, a well-connected Brisbane suburb, offers rapid CBD access via multiple transport links. Demand is driven by a high concentration of 30–39-year-olds on median incomes, alongside a diverse mix of renters fuelling a dynamic market for single and multi-family homes. Houses now trade at a $1,352,000 median, up 14.6% annually; units have surged 28.3% to $776,000. Stock is tight, with houses selling in 14–24 days and a modest 118–133 sales over the year. Rental yields remain moderate at 2.9% for houses and up to 4.4% for units. The suburb’s location and amenity-led demand underpin further growth, though affordability constraints and rate sensitivity are emerging risks.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

292m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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