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Location

Market Insights for Herston QLD 4006

New Listings (last 30 days)

Average price

$648,167

Lowest price

$550,000

Highest price

$789,000

12/184 Herston Road, Herston QLD 4006

Offers Over $650,000

Search Band

$600k - $650k High Confidence Calculated based on strong search observations.

Unit 2 beds 1 bath 1 car

Listed: 54 days ago

Updated: 14 days ago

Overview

Located in the heart of Herston, this two-bedroom unit at 12/184 Herston Road offers a valuable inner-city living and investment opportunity with strong tenant appeal.

Its prime position directly opposite the Queensland University of Technology's Kelvin Grove campus ensures high demand from students and professionals seeking convenient city access. Just 2 kilometers from Brisbane CBD and close to Royal Brisbane Hospital, the location provides outstanding connectivity to major employment and lifestyle hubs.

The home’s layout balances comfort and practicality with a modern refurbished kitchen that supports easy cooking and entertaining. The spacious open-plan living and dining areas extend naturally to a front balcony, creating a pleasant space to enjoy morning coffee or unwind with city views.

Both bedrooms come with built-in wardrobes, maximizing storage while maintaining roominess. The large bathroom features a shower over bath combination, alongside an internal laundry for everyday convenience. A shaded undercover parking space adds further practicality to this low-maintenance unit, appealing to those valuing security and ease of living.

This property is currently leased until late December, offering an immediate income stream with a rental appraisal between $650 to $700 per week. It is an attractive proposition for investors seeking a secure, manageable asset with strong rental demand due to its strategic location near education, healthcare, and transport amenities.

Overall, 12/184 Herston Road presents a well-maintained, low-upkeep home suitable for investors targeting inner-city rental markets or buyers looking for a lock-and-leave lifestyle close to Brisbane’s key precincts. Its combination of location, efficient design, and strong tenant interest underlines its lasting appeal.

Local Market Insights

In Herston, Quiet Listings observed 6 new units entering the market over the last 30 days, down from 8 during the previous 30-day period, with an average advertised asking price of $648,167. The property type mix of listed properties is predominantly Apartments at 90%, followed by units (9%), and houses (1%). The most active agency for units in the Herston area is currently Ray White, representing 50% of new listings, followed by Ideal Propertyco with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.