20 Morcombe Street, Brighton QLD 4017

20 Morcombe Street, Brighton QLD 4017
Brighton flood-overlay house | 405mยฒ land | 3 bed, 1 bath | NBN HFC and 5G This property offers a rare combination of a full 405mยฒ land holding in a coastal Brisbane suburb with a flood overlay that has not deterred market pricing, as the current listing sits near the top of the valuation range. The 43% building coverage leaves meaningful yard space, and the 3-metre ground elevation with a 5-metre roof height suggests the house is elevated above typical low-lying flood risk. For a buyer seeking a detached house with expansion potential in a school-catchment area served by Brighton State School and Bracken Ridge State High, this represents a viable entry point into a tightly held pocket of Brighton. The flood overlay is the primary risk, and any buyer must verify the specific flood level against the houseโ€™s finished floor height before proceeding. The inconsistency across sources on land size, car spaces, and floor area signals either data error or a property that has been modified without full council record, so a building and pest inspection is essential. The opportunity lies in the land-to-building ratio: with 175mยฒ of building on 405mยฒ, there is scope for a rear extension or a second dwelling subject to council approval, which could lift the propertyโ€™s value above the current $1.08 million asking price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 20 Morcombe Street, Brighton QLD 4017
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Market Insight:

Brighton presents as a family-centric suburb with strong capital growth, particularly in its housing market, which is experiencing robust demand and rapid sales. This demand is driven predominantly by established households, reflecting the suburb’s mature demographic profile. While house prices have seen significant recent appreciation, the unit market offers more moderate growth paired with relatively higher rental yields. Future performance will hinge on sustained demand from this core demographic, though the divergence between strong house growth and softer unit performance indicates a market sensitive to segment and affordability.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

-

Land

405mยฒ

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