Presenting by far the most outstanding opportunity in today's market throughout Wavell Heights, this brand-new residence represents unparalleled value for both owner occupiers and astute investors alike. Offering a finish level, scale and inclusions rarely found at this price point, this is a home that would be extremely difficult to replicate for the same cost in the current building environment - and without the headaches over managing the build yourself. For families, it provides an spacious, never-before-lived-in home with multiple living spaces and effortless indoor-outdoor flow, all positioned in one of Brisbane's most consistently performing suburbs. For investors, the numbers are equally compelling, with a projected rental return of $1,250-$1,300 per week, the estimated gross yield sits at approximately 3.5%-3.75%, well above typical returns for comparable new homes, further enhanced by significant tax depreciation benefits that comes along with new construction.
Wavell Heights continues to demonstrate resiliently strong long-term growth, underpinned by its short proximity to the CBD, airport and key coastal-linking infrastructure, with consistent median price appreciation over the past five years (totalling over 80% growth) and even three years (totalling 54% growth). This new home is perfectly positioned to capitalise on that trajectory, while offering immediate lifestyle appeal with Kedron Brook parklands, bikeways and sporting facilities just moments away, not to mention countless sought-after private schools such as Nudgee College, Clayfield College, St Rita's, Padua College, Mt Alvernia, St. Margaret's and plenty more. When compared to other homes in the suburb or close-by, within a similar price bracket, the scale, quality and brand-new nature of this property clearly stand apart; delivering a far superior value proposition for buyers seeking both immediate value and long-term upside.
28 Carnot Street, Wavell Heights
28 Carnot Street, Wavell Height