3807/16 Aspinall Street, Nundah QLD 4012
3807/16 Aspinall Street, Nundah QLD 4012
1-bed, 1-car, north-east high floor | Circa Three, built 2020 | Modern apartment in established Nundah | Fits first-home buyer or investor profile
This unit is competitively positioned as a newer, higher-floor apartment in a suburb where much of the stock is older or lower-rise. The north-east aspect and level 8 position give it an advantage in natural light and outlook over typical one-bedroom units in the area. Being part of a 2020 build, it avoids the maintenance concerns and energy inefficiency common in older apartment stock. The one-bedroom, one-car configuration is standard for this segment, but the combination of modern construction, higher floor, and favourable orientation makes it a stronger option for buyers seeking a low-maintenance urban home. It best suits first-home buyers wanting a foothold in an established inner-north suburb, or investors looking for a newer unit with appeal to professional tenants.
The reported prior sale price of $265,000 in September 2025 sits well below the typical value range for a modern one-bedroom apartment in Nundah, which may indicate an exceptional transaction or data error. This discrepancy means buyers should verify the actual sale history and current market expectations through a contract review. The building’s land size of 1,665 m² is generous for a contemporary apartment complex, which may support future body corporate stability, though no specific levy information is available. The absence of flood, bushfire, or heritage overlays simplifies due diligence, but buyers should still confirm any recent special levies or building defect reports before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 3807/16 Aspinall Street, Nundah QLD 4012
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Nundah is a high-growth, undersupplied market dominated by 30-39 year-olds, with median house prices ranging from $1.23M to $1.5M and annual growth between 7.3% and 25%. Demand is driven by significant new project investment ($180.8M) and a critical undersupply, particularly for houses, which sell in just 20 days. Future growth is supported by this pipeline, but key risks include a 22.6% annual drop in house sales, indicating potential rate sensitivity.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
1665m²
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