6/146 Albany Street, Point Frederick NSW 2250
6/146 Albany Street, Point Frederick NSW 2250
3-bed apartment | secure complex | Brisbane Water views | waterfront proximity | sun-drenched aspect
This unit presents a competitively strong proposition for an owner-occupier seeking a low-maintenance waterfront lifestyle. Its three-bedroom configuration is a relative rarity in the apartment market, offering space within a solid, well-maintained complex. The sun-drenched views over Brisbane Water and immediate proximity to boutique shops and the waterfront anchor its appeal, serving buyers who prioritise location and outlook over modern amenities like a lift.
The primary decision hinges on accepting the limitations inherent in a second-floor walk-up, which narrows its future resale pool and may challenge long-term accessibility. The 2023 resale suggests a motivated vendor, creating a potential negotiation opportunity. Acquire this as a long-term hold to capitalise on the suburb’s enduring lifestyle demand; its value is sustained by the irreplaceable view and location rather than the building itself. Our property report would pressure-test the 2023 sale price against true recent comparables and detail strata health, a critical cost and risk factor for any complex purchase.
Detailed Independent Property Report prepared by PropCred Analyst team for 6/146 Albany Street, Point Frederick NSW 2250
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Point Frederick presents a nuanced market with divergent trends between its premium houses and more accessible units. Demand is driven by a significant rental population and families, supported by varied housing stock and school catchments. While house prices have softened recently, unit values show resilience with solid rental yields. Future growth hinges on tight rental vacancy and infrastructure links, though sensitivity to broader economic conditions and limited sales volume present key constraints for the higher-priced segment.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
1201m²
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