1054/123 Cavendish Road, Coorparoo, QLD 4151 | Unit for sale | OnTheHouse
 
FOR SALE
Expected offers between $935k to 995k

1054/123 Cavendish Road
Coorparoo QLD 4151

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
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It doesn't get any better than this!

It's amazing - step out onto your spacious 5th-floor balcony and take in those sweeping city views that truly set this apartment apart. Positioned perfectly to capture natural light and cooling breezes, this beautifully presented two-bedroom, two-bathroom apartment delivers style, comfort, and unbeatable lifestyle appeal.
For investors, this is a standout opportunity with a strong rental return of $760 per week and a lease in place until Feb 27, delivering immediate income security and an approximate yield of 3.8%-4.0% in line with Coorparoo's market. The suburb has demonstrated exceptional growth, with unit values increasing by around 116% over the past five years, highlighting its strong capital appreciation and ongoing demand just 5km from the CBD.
Designed for modern living, the apartment features a generous open-plan layout flowing seamlessly onto the entertainer's balcony - the perfect place to relax or host friends while enjoying the elevated outlook to the city and north-west.
The kitchen is a standout, complete with stone benchtops, gas cooktop, and quality finishes, while both bedrooms are well-proportioned. The master suite includes a double vanity ensuite, and the main bathroom offers a full-sized bath and additional linen storage - ideal for practical, everyday living.
You'll also love the walk-in laundry, ample storage throughout, ducted air-conditioning, and fibre-to-the-premises internet, making this home as functional as it is stylish.
Located in the sought-after Orion Apartments, you're less than 5km from the CBD, with everything you need just a 3-minute walk away - including the train station, three major supermarkets, cafés, restaurants, and cinema complex. Add in bikeways, onsite management, and a stunning rooftop pool and entertainment area, and you've got one of Coorparoo's best lifestyle offerings.

Property Details for 1054/123 Cavendish Rd, Coorparoo

1054/123 Cavendish Rd, Coorparoo is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 110m2. The place is currently for sale with Raine & Horne Onsite Sales.

Building Type
Unit
Floor Size
110m2
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About Coorparoo 4151

The size of Coorparoo is approximately 5.4 square kilometres. There are 31 parks, covering nearly 10.1% of the total area. The population of Coorparoo in 2016 was 16282 people. By 2021 the population was 18132 showing a population growth of 11.4% in the area during that time. The predominant age group in Coorparoo is 20-29 years. Households in Coorparoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coorparoo work in a professional occupation.In 2021, 52.30% of the homes in Coorparoo were owner-occupied compared with 52.10% in 2016.

Coorparoo has 9,950 properties. Over the last 5 years, Houses in Coorparoo have seen a 79.38% increase in median value, while Units have seen a 119.17% increase. As at 30 April 2026:

  • The median value for Houses in Coorparoo is $2,002,221 while the median value for Units is $930,099.
  • Houses have a median rent of $800 while Units have a median rent of $630.
There are currently 26 properties listed for sale, and 30 properties listed for rent in Coorparoo on OnTheHouse. According to Cotality's data, 375 properties were sold in the past 12 months in Coorparoo.

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Mark Fluhart
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