24 Greenway Street Grange QLD 4051

Auction on 23 May | 5-bedroom house, Grange | 620m² lot, 2 parking | 73% auction clearance in local market The property is competitively positioned as a five-bedroom family house on a 620m² lot in a tightly held Grange street with 75% owner-occupiers, which supports stable demand and price resilience. The two-level layout with three bathrooms suits larger families seeking separation of spaces, and the local auction clearance rate of 73% indicates strong buyer appetite for this type of house in the suburb. The property serves best as a long-term family home in a catchment for well-regarded schools, where configuration and lot size are rare at this price point. The primary risk is the short marketing period of only two days on market, which may indicate a vendor under time pressure and could create an opportunity for a buyer to negotiate before auction if interest is limited. The lack of recent street sales data on Greenway Street reduces pricing transparency, so the buyer should rely on the suburb median of $2.835 million for five-bedroom houses as a benchmark, noting the last sale at $3.425 million was only eleven months ago. The property should be held as a principal residence to capture school catchment benefits and avoid short-term resale costs.