902/36 King Street, Bowen Hills QLD 4006
902/36 King Street, Bowen Hills QLD 4006
High-floor apartment | Bowen Hills core | Walkable CBD/Showgrounds | King Street regeneration hub
This unit presents a competitively strong position within a tightly held, managed complex in Bowen Hills. Its ninth-floor aspect in The Yards development capitalises on the suburb’s urban regeneration, offering a low-maintenance holding for an urban professional or investor seeking proximity to the CBD and the vitality of the Showgrounds precinct. The configuration aligns perfectly with dominant local stock, ensuring consistent demand from the target demographic that values walkable amenities and a high-street vibe.
The primary decision rests on reconciling the estimated value against limited recent sales evidence within the specific building. While the location’s long-term trajectory is supported by infrastructure, immediate valuation relies on broader suburb momentum rather than direct, like-for-like comparables. Proceed with an offer anchored to demonstrable building sales, positioning this as a long-term hold to absorb strata costs and realise the area’s planned uplift.
Comparable sales indicate significant capital growth within the building, from $466,000 for a similar unit in 2014 to a recent sale at $710,000. This trajectory supports the upper range of the current estimate, confirming the suburb’s substantial uplift over the past decade.
Detailed Independent Property Report prepared by PropCred Analyst team for 902/36 King Street, Bowen Hills QLD 4006
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Bowen Hills is a high-demand inner-city suburb, positioned for its proximity to the CBD and vibrant lifestyle. Demand is driven by a diverse demographic of young professionals, students, and families, attracted by its amenity and rental appeal. Recent price trends show strong capital growth for houses, supported by low vacancy rates and consistent sales activity, indicating a robust and competitive market. Future growth is anchored in its enduring appeal to a qualified workforce and its strategic location, though the market remains sensitive to broader economic conditions.
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PropCred Estimated Value
Bedrooms
Bathroom
Parking
-
Land
126m²
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