104 Fourth Avenue, Parkside QLD 4825

104 Fourth Avenue, Parkside QLD 4825
3 beds | 1000mยฒ block | 1965 build | $310kโ€“$325k estimate | Parkside QLD This propertyโ€™s strongest buying case is the rare combination of a generous 1000mยฒ lot in a residential zone with no flood or bushfire overlays, paired with a modest 3-bedroom floorplan that offers redevelopment or extension potential. The built-in robes, floorboards, and split-system heating reduce immediate capital outlay, while the fully fenced yard and shed add practical family appeal. It is best suited to a buyer seeking a solid entry-level house with land upside in Mount Isaโ€™s stable market, where comparable lots are scarce. The primary risk is the absence of recent sales dataโ€”last transacted in 2012 at $291,000โ€”making current estimates less certain; the $270,000โ€“$285,000 listing sits below the $310,000โ€“$325,000 valuation range, suggesting a possible discount for condition or market timing. The 1965 build may require near-term maintenance on roof or services, and the 29% site coverage limits immediate subdivision without council approval. Opportunity lies in holding for land appreciation or adding a second dwelling, given the lot size; treat this as a long-term land play with rental income from the existing house.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Parkside presents as a tightly held, family-oriented suburb with a market driven by local owner-occupiers and investors seeking high rental yields. Recent price trends show significant volatility, indicating a market responsive to local economic conditions. Future growth is underpinned by strong rental demand and low vacancy, though sensitivity to economic shifts and a constrained supply pipeline present key considerations for prospective buyers.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

1000mยฒ

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