7/85-87 Victoria Terrace, Greenslopes QLD 4120

7/85-87 Victoria Terrace, Greenslopes QLD 4120
Two-bedroom apartment with dual bathrooms | single secure car space | no flood or bushfire overlays | within 1km of primary school This unit presents a competitively strong offering for an owner-occupier or investor seeking low-maintenance living in a established suburb. The two-bedroom, two-bathroom configuration is a functional layout that outperforms standard two-bedroom, one-bathroom stock, enhancing rental appeal and liveability. Its position within a small, ten-unit building on a substantial land parcel suggests a better land-to-asset ratio than typical high-density complexes, offering a measure of scarcity. The absence of overlays removes significant insurance and regulatory risks, providing immediate cost certainty. Proceed with the understanding that key data gaps on building age, recent comparable sales, and internal condition represent a material valuation risk; a buyer must budget for a building and pest inspection to quantify potential capital expenditure. The estimated value sits above the local median, demanding verification against unprovided sales evidence. For an investor, the mid-range rental estimate suggests a gross yield around 4.0%, which is acceptable but not exceptional for the area. This property is best acquired as a long-term hold, leveraging its configuration and location for steady capital growth, rather than seeking short-term arbitrage.

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

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Market Insight:

Greenslopes presents a market of distinct segments, with its established housing sector currently experiencing price adjustments while the unit market demonstrates stronger growth momentum. Demand is anchored by a stable professional demographic, supporting consistent rental yields, particularly for units which offer attractive returns. The suburb’s recent sales activity indicates a functional market, though the divergence in performance between property types suggests selective buyer focus. Future prospects hinge on this underlying demographic stability, with the primary constraint being the sensitivity of the premium housing segment to broader economic conditions.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

1

Land

383mΒ²

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