4/9 Baringa Street Morningside QLD 4170

3 bed townhouse in boutique complex | Last sold $570k in 2019 | Now est. $1.2m amid 10% suburb growth | Flood overlay but school catchments | 84m² block in 1021m² lot This three-bedroom townhouse on an 84sqm block within a larger 1021sqm strata lot suits downsizers or young professionals seeking low-maintenance living near schools and amenities. Positioned at the rear of a small five-unit complex, it delivers enhanced privacy and leafy outlooks compared to street-front options, appealing to buyers prioritising quiet over expansive grounds. The tri-level design supports versatile use, with rumpus spaces and courtyard extending practical living beyond the modest footprint. Flood overlay introduces caution for insurers and some purchasers, though absence of bushfire or heritage constraints aids straightforward ownership. Last sold for $570,000 in 2019, its value has tracked local unit medians climbing to $899,000, reflecting steady appreciation in similar boutique townhouses. Properties like this attract couples or small families drawn to Morningside State School catchment just 0.48km away, balancing affordability with proximity to high schools. In a market where comparable three-beds linger 67 days on average, its rear positioning and recent listing momentum position it for competitive offers. Long-term holding value stems from NBN connectivity, 5G coverage and cross-breezes fostering enduring liveability amid tightening supply. Buyers eyeing rental yields around 3.6% find it holds firm, underpinned by prior leases at $500 weekly.