12 Carinya Street, Cleveland QLD 4163

12 Carinya Street, Cleveland QLD 4163
20m frontage | quiet 25-property street | 812mยฒ block | 70% owner-occupier street The property’s primary advantage is its generous 812mยฒ block with 20m frontage on a street dominated by long-term owners, which suggests limited turnover and stable neighbourhood character. This configuration is increasingly rare in Cleveland’s sub-$1.2M range and positions the house as a potential future subdivision or renovation candidate for buyers willing to look past the single-bathroom layout. It best suits a buyer prioritising land value over immediate condition. The main risk is the property’s dated interior, with no floor plans or internal photos available, meaning the house may require significant capital to bring to modern standards. The 2018 sale price is unknown, and the 16-day average days on market for Cleveland indicates buyers are moving quickly on well-presented homesโ€”this one may sit longer. However, the best-offers deadline of 25 May creates a defined negotiation window, and the nearby comparable sales on Carinya Street provide a reliable pricing anchor for informed buyers.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 12 Carinya Street, Cleveland QLD 4163
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Market Insight:

Cleveland is a mature, owner-occupied suburb with a professional demographic, positioned as a relatively affordable coastal alternative for interstate buyers from Sydney and Melbourne. This migration, alongside low inventory, is driving strong demand, evidenced by houses selling in approximately 24 days. Recent annual price growth is robust, ranging from 10.6% to 18.1% for houses, supported by very low vacancy rates and solid rental yields. Future growth is underpinned by Southeast Queensland’s infrastructure pipeline, including the 2032 Olympics, though key constraints are acute supply shortages and affordability pressures from significant price appreciation and higher interest rates.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

812mยฒ

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