22 Ranger Street Kenmore QLD 4069
22 Ranger Street Kenmore QLD 4069
Large 1,543mยฒ block in Kenmore | tennis court | solar panels | strong rental yield | catchment for top state schools.
This property offers a rare combination of scale and amenity on a 1,543mยฒ lot, which is well above the typical Kenmore block size. The tennis court and solar panels are genuine differentiators that reduce ongoing costs and broaden appeal to families seeking lifestyle and efficiency. Positioned within catchments for Kenmore State School and Kenmore State High School, it serves buyers prioritising education and long-term holding. The 63% local auction clearance rate and 21-day average days on market suggest steady demand, and the propertyโs configuration supports both owner-occupier and investor interest.
The primary risk is the low bushfire overlay, which may affect insurance premiums and future development flexibility. The estimated value of $1.76 million sits above the local median of $1.45 million, so premium pricing requires justification through the land size and unique features. Rental income of $1,020 per week offers a solid yield for investors, but the property is best held as a long-term family home or upgraded for capital growth rather than flipped. Hold for at least five to seven years to realise the landโs full potential.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Kenmore is a high-demand, family-centric suburb with over 80% owner-occupancy, where professionals and couples with children drive a robust market. Recent data shows strong annual house price growth of 7.5-9.5%, with units surging at 13.9%, supported by low stock and houses selling in a median of 23 days. Future growth is underpinned by significant five-year capital gains, though limited unit sales data and low rental yields indicate a tight, supply-constrained market sensitive to interest rates.