5/3 Amisfield Avenue, Nundah QLD 4012

5/3 Amisfield Avenue, Nundah QLD 4012
2 bed, 2 bath, 1 car | boutique 8-unit block | lift and secure access | strong rental yield near 4% | body corporate over $2,900 per quarter This property sits in a small, well-kept building from 2010, which is newer than much of the low-rise stock in Nundah. The configuration of two bedrooms, two bathrooms, and a single car space is a practical fit for professional couples, downsizers, or investors targeting the inner-north rental market. The lift access, secure parking, and modern kitchen with stone benchtops add genuine convenience, while the reported natural light and cross-ventilation are meaningful advantages in an apartment format. The location near Nundah Village, public transport, and the airport corridor gives it broad appeal, and the rental appraisal of $680โ€“$730 per week suggests a gross yield that would interest an investor seeking reasonable cash flow without sacrificing capital growth potential. The body corporate fees of approximately $2,963 per quarter are a material cost that must be factored into any holding budget, and they may reduce net returns for an investor or add to ongoing expenses for an owner-occupier. The specific floor level and aspect of this apartment are not confirmed, so the quality of light, views, and noise exposure could vary within the building and may affect how the property compares to others in the same complex. The recent sale of another unit in the same building at $845,000 provides a useful reference point, but differences in floor level, fit-out, or balcony orientation could justify a price above or below that figure. A buyer should verify the exact apartment position and inspect for any signs of wear or strata issues before forming a final view on value.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5/3 Amisfield Avenue, Nundah QLD 4012
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Market Insight:

Nundah is a high-growth, undersupplied market dominated by 30-39 year-olds, with median house prices ranging from $1.23M to $1.5M and annual growth between 7.3% and 25%. Demand is driven by significant new project investment ($180.8M) and a critical undersupply, particularly for houses, which sell in just 20 days. Future growth is supported by this pipeline, but key risks include a 22.6% annual drop in house sales, indicating potential rate sensitivity.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

541mยฒ

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