5/70 Wagner Road, Clayfield QLD 4011
5/70 Wagner Road, Clayfield QLD 4011
Clayfield flat | 121m² oversized | 2010 build | auction 14 May.
The property’s 121m² internal area is unusually generous for a two-bedroom flat, giving it a competitive edge over newer, smaller apartments in the same suburb. The secure garage, balcony, and built-in robes meet core buyer expectations, while the 2010 build avoids the compliance risks of older stock. This flat suits owner-occupiers seeking space without a house, or investors targeting stable inner-north demand.
The main risk is the gap between the search band and recent valuations, which may reflect market softening or overpricing. The 2023 sale price of $575,000 provides a clear floor, but the $800k–$880k band suggests a significant premium since then. Buyers should verify rental yield assumptions against the $720pw estimate, as oversupply in the area could pressure rents. The property should be held for medium-term capital growth, not short-term flipping.
Detailed Independent Property Report prepared by PropCred Analyst team for 5/70 Wagner Road, Clayfield QLD 4011
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Clayfield is a well-established inner-northern suburb, prized for its proximity to the CBD and excellent amenities. Demand is driven by professionals and families, attracted by strong educational facilities and infrastructure links. While the house market has softened recently, the unit segment shows robust growth. Long-term confidence is underpinned by major projects and Olympic preparations, though the market remains sensitive to broader adjustments in supply and demand.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
121m²
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