4217/35 Burdett Street, Albion QLD 4010

4217/35 Burdett Street, Albion QLD 4010
This is a two-bedroom, two-bathroom apartment with two secure car spaces, a configuration that is rare in this inner-city suburb. It is available for a six-month lease and sits within a larger complex on a 1.24-hectare site. The property was last sold in 2021. The two-car parking provision is a standout competitive advantage, as most comparable apartments in Albion offer only one space or none. This significantly broadens its appeal to professional couples or small families who require two vehicles for commuting or lifestyle reasons. The property is positioned within a modern complex designed for entertaining and low-maintenance living, which aligns well with the suburb’s character as a convenient, inner-city location near the bypass. It serves an investor or owner-occupier seeking strong rental yield potential and a practical floorplan that outperforms typical older stock in the area. The high unit number suggests a specific block within a large complex, which may affect exposure to noise or views. Proximity to the Inner City Bypass could introduce traffic noise, which a buyer should assess in person. The 2021 sale price of approximately $590,000 implies a rental yield near 7.8% at current asking rent, but this yield may shift with market conditions. A buyer should verify the building’s age and any upcoming body corporate levies, as these might influence long-term holding costs. The property is not currently for sale, so any price view should be formed through direct comparable evidence rather than past transaction data alone.
Detailed Independent Property Report prepared  by PropCred Analyst team for 4217/35 Burdett Street, Albion QLD 4010
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ✓
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Market Insight

Albion presents as a professional, transit-oriented suburb experiencing a market recalibration, with house prices softening while unit values show significant growth. Demand is driven by first-home buyers and investors seeking accessible entry points into Brisbane’s constrained market, supported by broader economic investment and Olympic preparations. Future growth is underpinned by infrastructure links and population momentum, though affordability pressures and limited supply pose ongoing constraints to balanced expansion.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

1.24 ha

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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