408/137 Landsborough Avenue, Scarborough QLD 4020

Top-floor bay views | 137m² internal | 95% owner-occupied building | Scarborough school catchment This property offers a rare combination of top-floor positioning and unobstructed bay views, which are difficult to replicate in this market. The 137m² internal area is generous for a three-bedroom apartment, and the 95% owner-occupied building signals stable, low-turnover living conditions that appeal to owner-occupiers. The unit is best suited for a downsizer or professional seeking a permanent residence with strong lifestyle appeal, as the building profile and view premium support long-term value retention. The primary risk is the limited resale pool, as apartments in this price bracket appeal to a narrower buyer segment, which may extend holding periods. The 2024 sale date means recent price growth is already priced in, reducing short-term capital gain potential. However, the combination of top-floor exclusivity and bay views provides a defensible position against market softening. Hold as a primary residence and monitor suburb median movement, as Scarborough’s house median of $1.3m suggests apartment values may track upward if demand for low-maintenance bay-view living continues.