305/16-26 Archer Street, Upper Mount Gravatt QLD 4122
305/16-26 Archer Street, Upper Mount Gravatt QLD 4122
3 bed/2 bath/1 car unit | 117m² floor plan | Archer Street near Westfield | strong renter demand | single parking constraint
A 117m² floor plan is offered, which sits above typical two-bedroom stock and provides genuine three-bedroom separation. This configuration is well suited to small families or share households. The Archer Street location delivers walkable access to major retail, dining, and public transport, supporting both owner-occupier convenience and investor appeal. Secure parking and a balcony add practical everyday value. Given the suburb’s high renter proportion, this unit serves investors seeking durable tenant demand, as well as owner-occupiers who want a larger apartment without the maintenance of a house. Its mid-to-upper size within the local unit market makes it a competitive choice for those prioritising internal space over land content.
Value may be influenced by the single parking space, which might deter families with two cars. The established complex could involve strata levies for common area upkeep, and nearby medium-density zoning may bring future redevelopment that alters the street’s character. A bushfire overlay in the broader area might affect insurance costs. These factors are weighed against the property’s strong location and functional layout, allowing a buyer to assess its long-term appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 305/16-26 Archer Street, Upper Mount Gravatt QLD 4122
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Upper Mount Gravatt is a mid-ring Brisbane suburb defined by its young professional demographic, with the 20–29 age band dominant and most residents working as professionals. Demand is driven by the suburb’s strategic location and ongoing infrastructure and amenity investment, which attracts both renters and investors. Over the past year, house values rose 5.4% to a median near $1.34 million, while units outperformed with 20.2% growth to $800,000. Market conditions are brisk: houses average 23 days on market and units 22, with 32 house and 56 unit sales in the latest quarter. Rental demand is firm, with house rents up 5.8% to $680 per week and unit rents up 3.8% to $675. Future growth is supported by faster selling times than nearby suburbs and continued local development. The key constraint is affordability: the median dwelling price is $1.069 million, and one data source puts house selling time at 87 days, well above the state average, signalling price sensitivity at the top end.
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PropCred Estimated Value
Comparable Sales: recently sold 3-bed unit in the complex at $985k; 2-bed unit at $820k | Property Price Band: $800k–$900k | Value Drivers: floor plan size, secure parking, location proximity
Bedrooms
2
Bathroom
2
Parking
1
Land
2249m²
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