807/16 Aspinall Street, Nundah QLD 4012
807/16 Aspinall Street, Nundah QLD 4012
Elevated north-east aspect | efficient 2-bed layout | strong rental depth | transit-linked suburb | vacant ready
This unit holds a genuine competitive edge through its eighth-floor position, which delivers natural light and airflow that lower-level stock in the same complex cannot match. The north-eastern orientation is a practical advantage for cooling breezes and daytime brightness, making it a comfortable everyday home rather than just a compact footprint. The 68 m² layout suits first-home buyers, downsizers, or investors seeking low-maintenance living near rail and village retail. Nundah’s apartment market is dominated by similar configurations, so this unit competes well on floor level and immediate readiness, while the building’s shared amenities add lifestyle appeal without pushing it into premium territory.
Value may be shaped by how the fresh carpet offsets dated finishes elsewhere in the unit, and whether buyers weigh the efficient size against the higher floor’s outlook. The secure car space and vacant possession reduce friction for owner-occupiers or tenants, which might support rental demand near the station. Strata fees and building age could influence long-term holding costs, but no specific defect appears in the available picture. Buyers should weigh the trade-off between a desirable aspect and the absence of confirmed upgrades to kitchen or bathroom.
|| Comparable Sales: 2-bed unit in same complex sold $500,000; another 2-bed unit nearby sold around $635,000 | Property Price Band: $500,000–$600,000 | Value Drivers: floor level, north-east aspect, immediate occupancy
Detailed Independent Property Report prepared by PropCred Analyst team for 807/16 Aspinall Street, Nundah QLD 4012
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Nundah, a northside Brisbane market, is being driven by an undersupply of both houses and units. House medians range from $1.234m (Q3 2025, 7.3% annual growth) to $1.5m (25% growth), while units sit between $725,000 and $745,000, growing 19.7-21.7%. The market is tight: houses average 20 days on market, with 2-3 bedroom homes clearing in 10-14 days, and vacancy is 0.7%. Gross yields are 2.7-3.12% for houses and 4.0-4.29% for units, reflecting rental demand. A constrained supply of new standalone houses and $180.8m of projects commencing 2025-2026 underpin the outlook. The key constraint is rate sensitivity: sales volumes fell 22.6% for houses and 37.0% for units between Q3 2024 and Q3 2025, even as prices held.
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PropCred Estimated Value
Comparable Sales: 2-bed unit in same complex sold $500,000; another 2-bed unit nearby sold around $635,000 | Property Price Band: $500,000–$600,000 | Value Drivers: floor level, north-east aspect, immediate occupancy
Bedrooms
2
Bathroom
1
Parking
1
Land
1798m²
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