29 Leah Street, Burpengary QLD 4505
29 Leah Street, Burpengary QLD 4505
Established large-block house | Family-oriented street | 1970s-era build with modern upgrades | School catchment appeal | Flood overlay possible
This property sits in the older, established pocket of Burpengary, where detached houses on generous lots are the norm. The 875m² land size is a genuine advantage, offering yard space and outdoor living that newer estate product simply cannot match. With three bedrooms and two bathrooms, it suits a family seeking a solid, practical home with room to grow, or an investor looking for steady rental demand in a suburb with strong school and transport links. The 1975 build, upgraded with air conditioning and a deck, balances character with liveability, making it a reliable entry point into a market that rewards land and location over polish.
The flood overlay reported on the street is a factor worth investigating, as it may influence insurance costs and resale appeal, though it does not automatically diminish value if the property itself is unaffected. The older build may require ongoing maintenance, and the floor plan, while functional, may not match the open-plan expectations of some buyers. Buyers should weigh the land advantage against potential updating costs, and confirm the exact flood status before forming a firm view on price. The suburb’s mix of older and newer stock means value is driven by land size, condition, and how well the home is presented relative to its age.
|| Comparable Sales: 26 Leah Street sold at $730,000; 29 Lapetus Street sold at $730,000 | Property Price Band: $700,000–$800,000 | Value Drivers: Land size, condition, flood overlay status, school catchment appeal
Detailed Independent Property Report prepared by PropCred Analyst team for 29 Leah Street, Burpengary QLD 4505
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Burpengary is a family-oriented suburb driven by couples with children and a solid trades workforce; over two-fifths of residents are active purchasers. House prices range from roughly $870,000 to $925,000, with annual growth between 8.3% and 16.3% depending on the measure. Units sit near $581,000 to $602,500, with growth up to 19% on some data. Homes sell quickly—often within 16 to 17 days—although one source records a 44-day average, indicating some variance. Gross house yields are around 3.8%, while unit yields vary from 2.8% to 4.7%. Expanding local amenities underpin future demand, but wide house price dispersion ($245,000 to $2.1 million) and limited unit sales volumes are constraints.
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PropCred Estimated Value
Comparable Sales: 26 Leah Street sold at $730,000; 29 Lapetus Street sold at $730,000 | Property Price Band: $700,000–$800,000 | Value Drivers: Land size, condition, flood overlay status, school catchment appeal
Bedrooms
3
Bathroom
1
Parking
-
Land
919m²
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