6/86 Pembroke Road, Coorparoo QLD 4151

6/86 Pembroke Road, Coorparoo QLD 4151
3 bed 2 bath apartment | 143sqm internal | 17 unit block | 1917sqm land share This apartment offers a rare combination of generous internal space and a low-density building footprint on a large land parcel, giving it a suburban feel within Coorparoos tight unit market. The 143sqm floorplan is well above the median for three-bedroom units in the area, and the 65% owner-occupier ratio signals stable building management and fewer short-term rental disruptions. It suits a buyer who prioritises space and long-term holding over flash finishes, particularly families needing access to the local state school catchment. The 2016 sale history suggests potential for equity growth if the building has been well maintained, though no recent renovation data is available to confirm condition. The main risk is the lack of detailed disclosureโ€”no floor plan or photos means the internal layout could be dated or poorly configured, and the absence of recent sale price data makes benchmarking difficult. The 33 units sold in Coorparoo this year and 18-day average days on market indicate reasonable liquidity, but the auction clearance rate of zero suggests price expectations may be misaligned with buyer demand. With two units in the same building listed simultaneously, buyers may have negotiating leverage on price or settlement terms. Hold this property for its land-ratio advantage and school catchment stability, not for short-term flipping.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Coorparoo is a high-demand, established suburb positioned as a premium inner-city location. Demand is driven by young professionals and downsizers seeking low-maintenance apartments and renovator-friendly houses, attracted by its amenity and connectivity. The market exhibits strong price growth across both houses and units, with a notably faster sales pace for apartments indicating intense competition. Future growth is underpinned by major infrastructure projects enhancing accessibility, though the market remains sensitive to interest rate movements and faces significant affordability constraints at its current elevated price point.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1917mยฒ

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