16 Parkland Avenue, Browns Plains QLD 4118
16 Parkland Avenue, Browns Plains QLD 4118
16 Parkland Avenue, Browns Plains | 800mยฒ land, 3-bed house | 85% owner-occupied street | 2 days on market | 82% local clearance
This property sits on a full 800mยฒ block in a street where 85% of residents own their home and 72% have stayed over five yearsโrare stability that signals low turnover and high desirability among owner-occupiers. The 1980 build is standard for the area, but the land size offers configuration edge over newer subdivisions. With a median price of $809k for three-bedroom houses and an 82% auction clearance rate, the local market is absorbing stock quickly; average days on market sit at just 18. For a buyer seeking a long-term hold in a family-oriented pocket with established schools within one kilometre, this property positions well for both immediate occupation and future subdivision potential, subject to council checks.
The lack of a public price and only two days on market suggests the agent is testing demandโbuyers should prepare for a competitive process. The house was last sold in 2021 for $431,000, and while values have risen since, the absence of floor plans or photos in available data means condition is unknown; a building and pest inspection is non-negotiable. The 800mยฒ lot in a RESIDENTIAL 600 zone may allow future development, but this requires confirmation with Logan City Council and carries holding costs. For a buyer, the play is to secure on land value with a view to renovate or hold for medium-term capital growth, not to flip quickly.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 16 Parkland Avenue, Browns Plains QLD 4118
Market Insight:
Browns Plains is a young, family-oriented Logan suburb experiencing robust demand, evidenced by houses selling in a median of 19 days. Recent annual house price growth of approximately 24% is driven by its affordable positioning relative to Brisbane and a growing population of young, working couples. Future growth is underpinned by strong rental demand, with yields around 3.9% for houses. Key constraints include low unit sales volume, indicating a thin market for that segment, and broader affordability pressures as prices rise.