52-56 Lennons Road, Greenbank QLD 4124
52-56 Lennons Road, Greenbank QLD 4124
Large 5-bed acreage holding | high parking capacity | low-density rural-residential corridor | strong owner-occupier tenure
This property holds a clear competitive edge through its substantial land component and generous parking provision, which is uncommon in standard suburban Greenbank stock. The house serves buyers seeking genuine separation from neighbours, room for vehicles, boats, or trailers, and a semi-rural lifestyle without sacrificing detached family living. Its five-bedroom configuration suits multi-generational households or those needing dedicated home-office or hobby space. The street’s long-term owner-occupier profile suggests a stable, quiet enclave where turnover is low and demand is driven by lifestyle buyers rather than investors. This positions the property well for buyers prioritising space and privacy over proximity to dense amenities.
The value picture may be shaped by the property’s age and internal condition, as well as the exact land size and any environmental overlays that could affect future use or insurance costs. Buyers should weigh the cost of any modernisation against the benefit of acquiring a rare large block in a corridor where such holdings are increasingly sought after. The absence of confirmed aspect and finish details means the final price likely hinges on how the home presents on inspection and whether the land offers practical usability, such as level access and usable outdoor areas.
Detailed Independent Property Report prepared by PropCred Analyst team for 52-56 Lennons Road, Greenbank QLD 4124
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Greenbank, part of a contemporary master-planned community adjoining Springfield Lakes, is family-oriented. Couples with children are the dominant household type, with trades workers well represented and a majority of residents purchasing; owner-occupied homes are the norm. Median house prices range from $950,000 to $1.01 million, growing 9–10.9% annually. Houses sell quickly, with median days on market as low as 24. Rents for houses rose 9.7%, with gross yields of 3.7% (houses) and 4.45% (units), though unit sales data is thin. Future supply from developments like Everleigh adds inventory, while rising supply and monthly repayments of $1,800–$2,399 are constraints.
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PropCred Estimated Value
Comparable Sales: 75–77 Lennons Rd sold May 2022, 4-bed on 5052 m²; 31–35 Lennons Rd listed as 4-bed on 1.22 acres | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, parking capacity, internal condition and layout
Bedrooms
4
Bathroom
2
Parking
10
Land
1.15 acres
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