57 Queenstown Avenue, Boondall QLD 4034

57 Queenstown Avenue, Boondall QLD 4034
3 bed, 2 bath, 2 car house | 608m² standard family lot | Established Boondall pocket | Broad buyer appeal This is a straightforward family house on a typical Boondall block, close to the suburb’s common 600m² lot size. The configuration—three bedrooms, two bathrooms, and double garage—hits the practical needs of most owner-occupiers, and the land itself offers reasonable outdoor space without being oversized. It suits first-home buyers seeking a solid entry into an established area, or small families wanting a functional layout with room to personalise. The absence of premium finishes or standout features means its strength lies in simplicity and location, not in luxury appeal. The property’s value may be shaped by how its condition compares to nearby renovated or newer stock, as older houses on similar lots tend to sell on land content rather than building quality. The 608m² parcel could offer modest redevelopment potential, but zoning and streetscape will determine that. Buyers should weigh the cost of any updates against the purchase price, and consider that the street includes both larger and smaller holdings, which may create some price variability. Rental demand appears steady, though yields on detached houses here are moderate. || Comparable Sales: 3 Queenstown Avenue sold $777,000 (Nov 2021, 600m², 4 bed) | Property Price Band: $800K–$900K | Value Drivers: land size, condition, layout functionality
Detailed Independent Property Report prepared  by PropCred Analyst team for 57 Queenstown Avenue, Boondall QLD 4034
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk
Execution Risk 2
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Market Insight

Boondall’s median house price is $1.004–1.025 million, with annual growth of 11.6–13.8 per cent, while units sit at $755,000 and grew 10.2 per cent. Demand is led by 30–39 year-olds; 38 per cent of buyers are purchasers, and couples with children account for 43 per cent of households. Houses turn over in 13–30 days, with 104–124 sales recorded across the past year. Rental yields are modest—3.57 per cent for houses and 4.17 per cent for units—while median rents are $685 weekly for houses and $550 for units. No explicit future growth drivers or supply-side risks are identified in the data, leaving affordability and yield as the principal constraints on further price gains.
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PropCred Estimated Value

Comparable Sales: 3 Queenstown Avenue sold $777,000 (Nov 2021, 600m², 4 bed) | Property Price Band: $800K–$900K | Value Drivers: land size, condition, layout functionality

Bedrooms

3

Bathroom

2

Parking

2

Land

606m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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