4015/55 Baildon Street Kangaroo Point QLD 4169

4015/55 Baildon Street Kangaroo Point QLD 4169
209sqm on title rare for Kangaroo Point apartments |Last sold 2012 signals long hold |Bridgewater West Terraces tightly held |Fresh to market 10 days. This two-bedroom apartment with 209sqm on title suits downsizers or professionals wanting spacious riverfront living without house upkeep. Its generous internal area stands out in a precinct where larger apartments command premium pricing due to limited supply. Positioned in the established Bridgewater West Terraces, it benefits from a low-turnover street that appeals to buyers prioritising stability over frequent flips. Comparable units in the complex, like a recent sale at $1.11 million, underline steady demand for this scale in Kangaroo Point’s inner-river market. Owners here typically include empty-nesters and high-income couples drawn to the indoor-outdoor flow and single secure parking. Market data shows similar two-bedroom apartments holding value well, with low days on market reflecting buyer confidence in the location’s lifestyle draw. The property’s size offers practical flexibility for home offices or guest spaces, enhancing its everyday usability. Long-term, its riverfront positioning and scarcity of equivalent floorplans support enduring appeal amid ongoing urban densification. While data on build year remains limited, the 2012 ownership tenure suggests a quality build suited to extended holding.
Detailed Independent Property Report prepared  by PropCred Analyst team for 4015/55 Baildon Street Kangaroo Point QLD 4169
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Market Insight:

Kangaroo Point’s riverside address, bridge access and apartment stock keep demand buoyant, reflected in the 11.1% annual rise to an $800k median unit price and 324 settled in the past year, while buyers continue to chase the 26-day market pace. Over the past six months prices have broadly stayed firm, with unit momentum offsetting a flat house segment that is hamstrung by just five listings and a 4.8% yearly lift, suggesting further upside will hinge on fresh supply. Rental growth near double digits on houses and units, coupled with a 4.2% unit yield, highlights income opportunity but also flags that the premium—1.9% yield for houses and sub-$740 weekly rents—carries the risk of softer demand if the market cools.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

209m²

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