31B Lemon Street, Runcorn QLD 4113
31B Lemon Street, Runcorn QLD 4113
Compact four-bed dual-living layout | Smaller 433 m² block | Off-market opportunity | Family-focused Runcorn pocket | Four-bathroom rarity
This house stands apart for its unusually high bathroom count relative to bedrooms, a configuration that suits extended families, dual-income households with teenage children, or buyers seeking rental flexibility through separate living zones. The four-bedroom, four-bathroom format is genuinely uncommon in Runcorn’s detached stock, giving it a distinct edge for owner-occupiers who prioritise morning-rush convenience or investors targeting shared accommodation demand. Positioned on a compact 433 m² lot, it sits within a well-established residential street where family-oriented schooling and everyday amenities are close by, and the off-market status suggests a seller who may prioritise a smooth, direct transaction over maximum exposure. The property best serves a practical buyer who values internal functionality over outdoor space and recognises the scarcity of multi-bathroom family houses in this corridor.
The smaller land size may limit appeal for those seeking a traditional large backyard, and the single-car accommodation could be a genuine constraint for multi-vehicle households or tradespeople. The bushfire overlay on the broader parcel context might influence insurance costs, though no flood or heritage concerns have been flagged. The four-bathroom layout may reflect a subdivided or dual-address history, so the actual internal flow and privacy separation should be inspected carefully. Parking pressure, potential strata or easement considerations, and the precise building age remain points to clarify during due diligence, as these factors may shape both short-term livability and long-term resale flexibility.
|| Comparable Sales: 31 Lemon Street sold $1.44M Oct 2025 | 17 Lemon Street similar compact layout listed $1.2M range | Property Price Band: $1.1M–$1.2M | Value Drivers: bathroom count rarity, land size efficiency, off-market condition and presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 31B Lemon Street, Runcorn QLD 4113
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Runcorn is a competitive residential market. Demand is being led by mid-to-high income households; houses are spending just 22 days on market and selling 6% above asking, well ahead of the state average of 5% below asking. The median house price is $1,117,500, up 15.8% annually, while units sit at $737,500, up 15.96%. Gross rental yields remain modest at 3.43% for houses and 4.66% for units, with median rents of $680 and $660 a week respectively. Sales turnover is thin—123 houses and 96 units over the year—reinforcing tight supply. However, the demand-to-supply ratio indicates limited impetus for further capital growth; prices are expected to plateau or drift up only as long as buyers keep making decent offers.
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PropCred Estimated Value
Comparable Sales: 31 Lemon Street sold $1.44M Oct 2025 | 17 Lemon Street similar compact layout listed $1.2M range | Property Price Band: $1.1M–$1.2M | Value Drivers: bathroom count rarity, land size efficiency, off-market condition and presentation
Bedrooms
4
Bathroom
4
Parking
1
Land
433m²
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