34 Athlone Street, Tingalpa QLD 4173
34 Athlone Street, Tingalpa QLD 4173
4 bed family house | 667 m² land | 3 car spaces | Larger than typical Tingalpa stock
The property’s configuration is its clearest competitive edge. A four-bedroom, two-bathroom detached house on 667 m² places it at the upper end of Tingalpa’s family-home stock, where many comparable houses sit on smaller lots. The three-car accommodation is a practical rarity on this street, suiting households with multiple vehicles, a trailer, or workshop needs. The land size offers genuine yard space without being oversized, which keeps maintenance realistic. This house serves owner-occupier families who want room to grow, proximity to schools and childcare, and a low-density neighbourhood feel. Its position within the Tingalpa State School catchment adds appeal for buyers prioritising education access.
Value may be shaped by the house’s age and internal condition, which are not confirmed. A well-presented interior could push demand from multiple family buyers, while dated finishes might limit upside until renovated. The larger land parcel provides redevelopment potential, though zoning and overlay constraints are unverified. Street-level traffic exposure near main routes could affect desirability for some purchasers. Rental demand appears solid, with nearby family houses indicating weekly returns around $720–$860, which supports investor interest. Buyers should weigh the cost of any updates against the property’s strong land-to-dwelling ratio.
Detailed Independent Property Report prepared by PropCred Analyst team for 34 Athlone Street, Tingalpa QLD 4173
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
This suburb’s housing market remains tightly held. Median house prices sit at $1,145,000 with an 11.71% annual growth rate, while units have climbed 21.09% to $765,888, showing faster momentum. Houses sell in a median 16 days, pointing to low inventory and competitive bidding. Sales volume of roughly 110 detached homes over the past year confirms a thin but active market. Rental yields are modest, 3.67% for houses and 3.94% for units, with weekly rents of $710 and $510, making capital appreciation the clear demand driver. The price point places the suburb in an upper-tier segment, and the surge in unit values suggests buyers are seeking lower-cost entry points within the same postcode. The 9.0% compound annual growth figure underscores durable price gains, though high entry prices and compressed yields remain structural limits for future upside.
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PropCred Estimated Value
Comparable Sales: 5 Athlone St, 3 bed, 723 m², sold $835,000 (2021); 7 Athlone St, 4 bed, under contract | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, three-car provision, school catchment
Bedrooms
4
Bathroom
2
Parking
3
Land
667m²
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