38 Peplow Street, Hemmant QLD 4174
38 Peplow Street, Hemmant QLD 4174
3 bed | 1 bath | 4 car | 405m² | flood overlay | established house | Hemmant
This property’s standout is the four-car accommodation, which is rare for a 405m² lot in Hemmant and gives it a practical edge for tradespeople, boat owners, or families with multiple vehicles. The 188m² footprint is substantial for the block, and the solar panels add a modest running-cost advantage. It sits in a middle-ring bayside suburb with rail access, making it a sensible fit for owner-occupiers seeking space and convenience, or investors after steady rental demand from families and professionals priced out of inner Brisbane.
The flood overlay is the main factor to weigh, as it may influence insurance premiums and future development flexibility, though the property itself is an established house on a residential lot. The single bathroom may limit appeal for some family buyers, and the lack of confirmed build age means condition could vary. The 4m ground elevation suggests a low-lying site, so a building and pest inspection should focus on drainage and any past water intrusion. These aspects may shape negotiation more than the core configuration.
Detailed Independent Property Report prepared by PropCred Analyst team for 38 Peplow Street, Hemmant QLD 4174
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Hemmant is a tightly held Brisbane suburb with only 51 house sales in the past year and houses typically selling within 19 days, indicating broad buyer competition. Demand is driven by strong house price growth: median values range from $1.085 million (10.71% annual growth) to $1.10 million (12.2% compound), while a shorter-term measure shows $1.02 million with 20.1% growth. House yields are modest at 3.57%, but weekly rents of $740 provide stable cash flow. The unit segment is weaker, with a $304,000 median and a 6.5% annual decline. Future growth is underpinned by new residential projects adding modern homes and townhouses, though this increased supply is a key risk, particularly given thin quarterly sales of just 11 houses. Price levels may also constrain affordability. Local schooling includes Hemmant Flexible Learning Centre and independent options. Overall, Hemmant offers solid capital growth with limited liquidity and emerging supply pressures.
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PropCred Estimated Value
Comparable Sales: 10 Peplow Street sold around $980,000–$1,050,000 | Property Price Band: $1.0M–$1.1M | Value Drivers: four-car layout, land size, flood overlay impact on buyer pool
Bedrooms
3
Bathroom
1
Parking
4
Land
405m²
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