4/20 Newby Street, Nundah QLD 4012
4/20 Newby Street, Nundah QLD 4012
Older low-rise unit | Quiet six-pack complex | Dual street access | Strong commuter location | Investor-friendly layout
This unit sits in a small, established complex where the appeal is practical rather than flashy. The configuration—two bedrooms, one bathroom, one car space—suits first home buyers, downsizers, and investors who prioritise proximity to Nundah and Northgate stations, the CBD, and local village amenities. The dual street access via Newby Street and Northgate Road adds a layer of convenience rare in older stock, while the balcony and separate toilet improve everyday liveability. The low-maintenance nature of the property, combined with its inner-north position roughly 10 km from the city, makes it a dependable choice for owner-occupiers seeking a straightforward foothold and for investors chasing steady commuter demand.
The building’s age—likely mid-1970s to late-1980s—may influence maintenance expectations, and body corporate fees around $760 per quarter should be factored into any budget. Parking count and total internal area appear to be significant value drivers in this pocket, so the single lock-up garage may limit upside compared to units with additional parking. The lack of confirmed aspect or floor level means any premium for light or views cannot be assumed, though the complex’s corner-like positioning may offer better airflow than enclosed alternatives. Buyers should weigh these factors against the property’s functional layout and location strength when forming a price view.
|| Comparable Sales: 1/9 Newby Street sold for $800,000; 3/28 Newby Street listed near $799,000 | Property Price Band: $700K–$800K | Value Drivers: Condition, parking count, internal layout, and street position within the complex
Detailed Independent Property Report prepared by PropCred Analyst team for 4/20 Newby Street, Nundah QLD 4012
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Nundah, a northside Brisbane market, is being driven by an undersupply of both houses and units. House medians range from $1.234m (Q3 2025, 7.3% annual growth) to $1.5m (25% growth), while units sit between $725,000 and $745,000, growing 19.7-21.7%. The market is tight: houses average 20 days on market, with 2-3 bedroom homes clearing in 10-14 days, and vacancy is 0.7%. Gross yields are 2.7-3.12% for houses and 4.0-4.29% for units, reflecting rental demand. A constrained supply of new standalone houses and $180.8m of projects commencing 2025-2026 underpin the outlook. The key constraint is rate sensitivity: sales volumes fell 22.6% for houses and 37.0% for units between Q3 2024 and Q3 2025, even as prices held.
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PropCred Estimated Value
Comparable Sales: 1/9 Newby Street sold for $800,000; 3/28 Newby Street listed near $799,000 | Property Price Band: $700K–$800K | Value Drivers: Condition, parking count, internal layout, and street position within the complex
Bedrooms
2
Bathroom
1
Parking
1
Land
823m²
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