Property Details for 123 Barrack Rd, Murarrie
123 Barrack Rd, Murarrie is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.
Last Listing description (April 2026)
Modern Lifestyle Living or Smart Long-Term Investment
An outstanding opportunity to secure a versatile property that works for you now and into the future live in later, lease out, or simply hold and benefit from growth in one of Brisbanes most convenient inner-east precincts.
Whether youre looking to secure a high-performing investment or planning your future move into a quality inner-east address, this contemporary three-bedroom townhouse offers flexibility, security and strong growth fundamentals.
Spread across two light-filled levels, the home delivers multiple outdoor spaces, including front and rear balconies plus a private courtyard with side gate a rare and highly desirable feature for both tenants and owner-occupiers.
Residents also enjoy resort-style complex facilities, including:
* In-ground swimming pool
* Gymnasium
* BBQ entertaining area
* Car wash bay
All within walking distance to Cannon Hill railway station and close to Cannon Hill Anglican College, local parks and everyday conveniences. This strategic position supports both ongoing tenant demand and long-term capital growth.
Located approximately:
* 15-minute drive to Brisbane CBD
* 10-minute drive to Brisbane Airport
---- Why Owner-Occupiers Will Love It
Spacious open-plan living with seamless indooroutdoor flow
Private courtyard perfect for entertaining or pets
Three well-separated bedrooms upstairs
Air-conditioning and ceiling fans throughout
Modern kitchen with stone benchtops, gas cooking & quality appliances
Remote lock-up garage with internal access and second car parking space.
---- Why Investors Will See Strong Value
Currently leased until 15 September 2026 at $800 per week
Secure income stream with long lease in place
High tenant appeal due to layout and outdoor spaces
Low-maintenance modern construction
Strong rental demand in Brisbanes inner-east corridor
Financial Overview:
* Rental Income: $800 per week, Lease Expiry: 15/09/2026
* Rates: approx. $548.80 per quarter
* Body Corporate: approx. $6,500 Annual
Some photos are indicative only.
Contact agent to book your private inspection at once.(Listing ID: 21170534 )
Property History for 123 Barrack Rd, Murarrie, QLD 4172
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About Murarrie 4172
The size of Murarrie is approximately 9.4 square kilometres. There are 18 parks, covering nearly 10.7% of the total area. The population of Murarrie in 2016 was 4303 people. By 2021 the population was 4946 showing a population growth of 14.9% in the area during that time. The predominant age group in Murarrie is 30-39 years. Households in Murarrie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Murarrie work in a professional occupation.In 2021, 62.30% of the homes in Murarrie were owner-occupied compared with 62.80% in 2016.
Murarrie has 2,665 properties. Over the last 5 years, Houses in Murarrie have seen a 78.20% increase in median value, while Units have seen a 92.28% increase. As at 30 June 2026:
- The median value for Houses in Murarrie is $1,413,130 while the median value for Units is $1,046,365.
- Houses have a median rent of $795 while Units have a median rent of $720.
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