1107/123 Cavendish Rd, Coorparoo is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 65m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Set high above the streetscape on the 10th floor, this well appointed apartment offers a smart, flexible layout with a large living room for those needing the extra space. Its position places you moments from both train and busway connections, while an array of cafs, supermarkets and entertainment options sit just around the corner-delivering a lifestyle of ease and walkable convenience. Orion remains uniquely private as the only high rise in its pocket, complete with a spectacular rooftop infinity pool, entertaining spaces and effortless access to major retail.
The property can provides immediate income and an appealing gross yield of approximately 4.9%. The Cavendish Road/Inner South corridor has achieved around 32-35% capital growth over the past five years, underpinned by its proximity to the CBD, major hospitals and the evolving Gabba precinct. Consistently low vacancy rates and strong tenant demand make this a reliable, low maintenance investment in a proven growth location.
Apartment Highlights
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:
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