2-10 Casino Court, Burpengary QLD 4505
2-10 Casino Court, Burpengary QLD 4505
Large lot | 24% building cover | long-term owner street | 8 days on market | no overlays
This property occupies 3241 square metres with only 21 percent building coverage and sits at 31 metres elevation, which eliminates flood risk entirely. The 2002 purchase price was $270,000, so the current owner holds substantial equity and their motivations remain unknown after only eight days on market. The street contains 19 properties with 100 percent owner occupancy and zero rentals, indicating minimal turnover pressure and stable neighbourhood dynamics. The seller likely expects a premium for land mass that rarely trades here. You should approach this as a hold for land banking or multigenerational use rather than a flip.
The 682 square metre building envelope with six car spaces, in-ground pool and full solar array positions this house as competitively rare for families requiring both indoor and outdoor functionality without compromising on parking. Burpengary’s market shows 21 five-bedroom houses sold this year averaging 16 days on market and a median price of 1.1 million dollars, though this lot is three times larger than typical offerings. The property best suits buyers prioritising space and privacy over walkability, or investors targeting the 890 to 1060 dollar per week rental demographic. Your next step should be a structural inspection on the 682 square metre building footprint before submitting any offer.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Burpengary is a family-oriented suburb with a strong trades-based workforce, underpinning a robust and active property market. Demand is primarily driven by owner-occupiers, particularly young families, attracted by expanding local amenities. The market has experienced significant capital growth with houses and units selling rapidly, indicating sustained buyer competition. Future growth is linked to ongoing infrastructure development, though the market’s recent momentum and a narrower range of unit sales activity present considerations for entry points.