31/24 Westacott Street Nundah QLD 4012

31/24 Westacott Street Nundah QLD 4012
2 bed unit |121mΒ² build |2034mΒ² lot share |Flood overlay |Est $790k | Newly listed This two-bedroom, two-bathroom unit with 121sqm internal area on a substantial 2034sqm strata lot suits downsizers or professionals valuing secure parking and school proximity. Its generous building size relative to bedroom count delivers practical open living without wasted space, ideal for low-maintenance daily use. Sitting within a larger development on Westacott Street, it benefits from shared green aspects while avoiding the upkeep of standalone homes. The dual car spaces stand out in Nundah’s unit market, appealing to buyers who prioritise convenience over expansive outdoor areas. Properties like this typically draw first-home buyers or couples transitioning from rentals, given the balance of space and affordability. Recent market data positions similar two-bedroom units with parking around $790k, reflecting steady demand amid local school catchments. A flood overlay tempers immediate appeal but underscores potential insurance considerations for cautious purchasers. Long-term, the residential zoning and proximity to Nundah State School enhance holding value as infrastructure improves. Overall, it holds as a reliable mid-tier option in a street seeing consistent turnover.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

NundahΒ’s surge is anchored in its rail and bus links, completed airport tunnel, and village-style amenities that keep professionals and downsizers competing for the limited stock, particularly as units turn over faster and rents stay firm. Buyers are chasing the precinctΒ’s growth storyΒ—redevelopment of Toombul, the $277 million in upcoming projects, and low vacancy all point to steady rental demand while scarcity of standalone houses keeps entry prices supported. The market has stayed firm over the past six months, with median house and unit values continuing to climb, but investors should weigh tighter supply, denser zoning pushes and the general rate cycle against ongoing upside from amenity upgrades.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

121mΒ²

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