11 Allan Terrace, Corinda QLD 4075
11 Allan Terrace, Corinda QLD 4075
3 bed on 609m² | Off-market house | Corinda family pocket | School and rail proximity | Established older stock
This is a solid family house on a genuinely useful 609m² block in a suburb where newer builds are shrinking onto smaller lots. The three-bedroom, one-bathroom layout is straightforward rather than flashy, which suits buyers who value land and location over turn-key presentation. Corinda’s character leans toward established family housing, and this property sits comfortably within that pattern—close to state and private schooling, the train station, and local parks. It best serves a buyer who wants room to renovate or extend, or a family seeking a practical foothold in an inner-west suburb without paying a premium for brand-new finishes.
Value here will likely be shaped by how the house presents internally and what potential a buyer sees for updating or reconfiguring the floor plan. The single bathroom may limit appeal to some families, while the larger block could support future additions—subject to council approvals. Market conditions for older houses in this pocket appear steady, though the absence of recent renovations or modern amenities might keep interest narrower than for polished rebuilds nearby. A buyer should weigh the cost of updates against the benefit of securing a rare larger lot in a well-connected area.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Allan Terrace, Corinda QLD 4075
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Corinda is a compact 3 sq km suburb with 20.4% parkland and solid rail/road links. Demand is led by professionals aged 40-49, mostly couples with children; 68.5% of homes are owner-occupied, and average household size is 2.6. House medians sit between $1.335M and $1.375M with 2.46% annual growth, while units have surged 29.72% to $805K, including 77.16% growth over five years. Houses sell in 22 days, units in 12, with 72 house and 27 unit sales in the past year. Supply is tight: just 13 rentals and 8 listings. Future demand is supported by a 9.7% population rise since 2016 and strong school catchments. Key risks include affordability pressure from monthly mortgages of $1800-$2399 and the sharp divergence between house and unit growth, signalling supply constraints.
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PropCred Estimated Value
Comparable Sales: Similar older houses on 600m² lots in Corinda have transacted around $1.1M–$1.2M recently | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, renovation potential, school catchment proximity
Bedrooms
3
Bathroom
1
Parking
-
Land
609m²
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