705/49 Cordelia Street, South Brisbane QLD 4101
705/49 Cordelia Street, South Brisbane QLD 4101
2017 build | resort pool | 1–2 bed mix | Brisbane State High catchment | flood overlay
A contemporary inner-city offering is presented in this 2017-built building, with a resort-style pool and strong proximity to South Bank and the CBD. A mix of one and two bedroom apartments is supported by a settled resident base, with many units held long term, which points to a building that appeals to owner-occupiers and investors who value stability. Elevated urban views are captured by higher floor apartments, while the location places residents within the Brisbane State High School catchment. This configuration serves professionals, downsizers, and parents seeking a walkable lifestyle with schooling access.
Insurance costs and lending appetite may be affected by flood planning overlays, given the low elevation near the river. Unit-specific value might be heavily influenced by floor level, aspect, and balcony size, as those features vary across the building. Ongoing holding costs could be shaped by body corporate fees and fit-out quality. A meaningful premium or discount relative to the building average may be driven by unit position, as suggested by the spread of recorded rents within the complex.
Detailed Independent Property Report prepared by PropCred Analyst team for 705/49 Cordelia Street, South Brisbane QLD 4101
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
South Brisbane’s market is defined by a thin but pricey house segment: median $820,000 with 18.84% annual growth, although an alternative series records $800,000 and -42.9%, a mismatch tied to just 52 sales a year. Units are more consistent, with medians around $730,000–$750,000 and 18.1%–18.7% growth. Demand comes from professionals earning $78k–$130k, drawn by CBD access and transport infrastructure; unit gross rental yields reach 4.96% and vacancy is 1.0%, supporting investor interest. Supply is the key constraint, limiting transaction volumes and intensifying competition. Future appreciation hinges on continued infrastructure delivery and inner-city employment pull, while affordability at roughly $800,000–$820,000 and rate sensitivity remain the principal brakes on buyer participation.
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PropCred Estimated Value
Comparable Sales: 605/49 Cordelia Street sold $908,000; 912/49 Cordelia Street sold $640,000 | Property Price Band: $800k–$900k | Value Drivers: floor level, balcony size, aspect
Bedrooms
2
Bathroom
2
Parking
1
Land
1831m²
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