5/15 Little Street, Albion QLD 4010
5/15 Little Street, Albion QLD 4010
3 bed / 2 bath / 2 car apartment | 153 m² | boutique low-rise pocket | walk to train and cafés | tightly held inner-north
A genuinely well-proportioned three-bedroom apartment is presented in this boutique low-rise pocket of Albion, where larger units are tightly held and rarely offered. The 153-square-metre footprint is considered generous for the area, and the 3/2/2 configuration is given the practicality of a house without the maintenance burden. Its position on Little Street is placed within easy walking distance of the train station, local cafés and dining, while a quiet urban fringe location is retained. Nearby stock has been consistently upgraded, so this property is expected to appeal most to owner-occupiers and downsizers seeking secure, lock-up-and-leave living with strong inner-north convenience.
The exact floor level, aspect and natural light may be considered material value factors. Presentation and condition are likely to be decisive, given the modern finishes typical of this street. The absence of private outdoor space could be seen as a limitation for some buyers, while secure parking and the larger floor plan may be regarded as a premium. Strata fees and the block’s maintenance history might also be weighed when forming a view on price.
>> Comparable Sales: 3/21 Little Street sold for $1.091M and 3/15 Little Street sold for $880K | Property Price Band: $1.0M-1.1M | Value Drivers: condition, layout, secure parking, light
Detailed Independent Property Report prepared by PropCred Analyst team for 5/15 Little Street, Albion QLD 4010
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Albion sits as a tightly held inner-Brisbane pocket, with just 44 house sales recorded recently and houses averaging 19 days on market. Demand is led by childless professional couples and, increasingly, first-home buyers and investors targeting units, which are more accessible after house prices rose. The median house price is $1.075 million, down about 13% annually, while units have jumped 32.25% to $800,100. Rental yields favour units at 4.43% versus 3.60% for houses; both rent at $650 weekly. Infrastructure spending, Olympic preparations and broader Brisbane population growth support the long-term outlook. The key constraint is affordability: Brisbane’s median house value of $1.15 million and limited supply keep the market sensitive to further price declines.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
153m²
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