5007/172 Venner Road, Yeronga QLD 4104

Ground floor | 2-bed courtyard apartment | 90% owner-occupied building | 5km to CBD | Flood overlay detected This unit offers a rare configuration edge in a 162-apartment complex: a ground-floor position with a private courtyard and direct access, which typically commands a premium over upper floors in this market segment. The 90% owner-occupancy rate signals strong resident care and lower turnover risk, while the 25.5% suburb growth rate reflects sustained demand in the inner-south corridor. It suits a buyer seeking low-maintenance living with genuine outdoor space, or an investor targeting the $760 weekly rent band in a pet-friendly building that broadens the tenant pool. The detected flood overlay is the primary risk: it may tighten lender appetite and resale buyer pool, particularly for ground-floor units. This cost is partly offset by the 2024 purchase price of $720,000, which provides a recent market benchmark and potential equity buffer. The property is best held as a long-term owner-occupied home or a stable rental hold, not a short-term flip.