1/10 David Street, Burpengary QLD 4505

1/10 David Street, Burpengary QLD 4505
3 beds, 2 baths, 1 car | 87mยฒ lot | rising complex values | Burpengary growth corridor This townhouse presents a rare entry point into a complex where recent sales have demonstrated strong capital growth, with values moving from the low $400,000s in 2022 to over $600,000 by mid-2025. The small 87mยฒ lot is offset by the property’s positioning within a well-maintained 2010 complex, offering a lower-maintenance footprint that appeals to owner-occupiers and investors seeking yield in a rising market. The configurationโ€”three bedrooms, two bathrooms, single car spaceโ€”is the most sought-after floorplan for rental demand in this corridor, and the suburbโ€™s infrastructure investment supports continued appreciation. This unit is best suited to a buyer prioritising entry into a proven growth pocket over land size. The primary risk is the absence of a current sale or rental listing for this specific unit, meaning condition and presentation are unverified; a pre-purchase inspection is essential. The small lot and single car space may limit appeal to families, narrowing the buyer pool. However, the opportunity lies in the complexโ€™s clear value trajectoryโ€”comparable units have appreciated sharplyโ€”and the potential to secure this unit below the most recent $622,000 sale, capturing immediate equity. Flood overlay on the broader street is noted but the complexโ€™s elevation at 12 metres and 2010 build standards mitigate exposure.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/10 David Street, Burpengary QLD 4505
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Market Insight:

Burpengary is a family-oriented suburb with a strong trades-based workforce, underpinning a robust and active property market. Demand is primarily driven by owner-occupiers, particularly young families, attracted by expanding local amenities. The market has experienced significant capital growth with houses and units selling rapidly, indicating sustained buyer competition. Future growth is linked to ongoing infrastructure development, though the market’s recent momentum and a narrower range of unit sales activity present considerations for entry points.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

144mยฒ

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