66 Kurumba Street, Kippa-Ring QLD 4021
66 Kurumba Street, Kippa-Ring QLD 4021
Large 797m² block | pool with high confidence | only 1 bathroom | strong family demand | no overlay constraints
The defining strength of this house is the land. At 797m², it sits meaningfully above the typical suburban allotment in this pocket, and the combination of a pool, two living areas, and a 117m² footprint offers genuine flexibility for a family seeking outdoor space without taking on a renovation-heavy project. The absence of bushfire, flood, or heritage overlays reduces hidden risk, while proximity to rail, schools, and the waterfront makes it a practical choice for owner-occupiers who want room to grow. It serves best a family or downsizer wanting a solid, single-level home on a generous block with room for a shed, side access, or future extension.
The single bathroom is the most material constraint. On a block this size, with family-oriented demand, a second bathroom would typically be expected, and its absence may narrow the buyer pool or temper how much premium the land can command. The pool adds lifestyle value but also ongoing maintenance, and the lack of documented renovation detail means condition and presentation will heavily influence perceived worth. The estimated rent of $650 per week suggests modest income potential relative to price, so the value case rests more on land holding and family amenity than on yield. Buyers should weigh the cost and effort of adding a bathroom against the land’s long-term upside.
Detailed Independent Property Report prepared by PropCred Analyst team for 66 Kurumba Street, Kippa-Ring QLD 4021
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Kippa-Ring, on the Redcliffe Peninsula with rail and Bruce Highway access to Brisbane, remains a family-oriented trade market. Median house prices reached $870,000–$880,000 with annual growth of 11.4–14.5%; units sit at $846,000 with 8.1% growth and a 17.7% trailing surge. Rental yields hold at 3.6–3.7%, while median house rents rose to $620–$628 per week. Demand comes largely from mid-income families and investors drawn by transport connectivity and yields, though house prices now exceed Brisbane’s median, limiting first-home buyer entry. Annual sales of 150–169 houses point to steady, not excessive, supply. Future growth will be supported by proximity to Brisbane and the rail link, but interest-rate sensitivity and affordability pressures remain the key constraints.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 24 Kurumba Street sold June 2024 for $1.098M on 607m²; 7 Kurumba Street sold with pool and updates | Property Price Band: $1.0M–$1.1M | Value Drivers: land size premium, single bathroom constraint, pool and layout appeal
Bedrooms
3
Bathroom
1
Parking
1
Land
797m²
URL has been copied successfully!