58 Tesch Road, Griffin QLD 4503
58 Tesch Road, Griffin QLD 4503
4-bed detached house | 536m² fenced yard | solar and rainwater tank | master retreat with dual WIRs | double garage
The property offers a rare combination of generous land and modern family specification within a street mix that includes smaller townhouse product. The master retreat with dual walk-in wardrobes and ensuite, supported by a 900 mm gas cooktop, dishwasher, solar power and rainwater tank, lifts it above entry-level family stock. A fully fenced 536 m² allotment with side access and a garden shed adds practical outdoor utility for families with trailers, pets or storage needs. This house is best suited to owner-occupiers seeking a turn-key family home in an established suburban pocket, with local schools and retail nearby. The double garage and ground-level layout also appeal to investors targeting reliable family tenancies.
Value may be shaped by the absence of a confirmed build year, which could influence financing or insurance terms. The price might also be influenced by broader market conditions in Moreton Bay, where family housing demand remains steady. The 536 m² land, while larger than many townhouse lots, is not exceptional for detached stock, so price upside may be reliant on the quality of the interior fit-out and the practical additions such as solar, rainwater storage and side access. Rental demand in the area appears consistent, which may provide a floor for investor interest.
Detailed Independent Property Report prepared by PropCred Analyst team for 58 Tesch Road, Griffin QLD 4503
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Griffin is a rapidly growing suburb where population surged 79.8% between 2016 and 2021. Demand is driven by young professionals aged 30-39, with couples with children forming 51% of households. The housing market is tight: median house price is $920,000, up 12.2% annually, while houses have grown 96% in five years. Units sit at $670,000, with 18.6% annual growth, though thin sales volumes limit data. Homes sell in 12 days on average, reflecting strong buyer competition. Rental yields of 3.7% for houses and 4.6% for units remain moderate. Future growth is supported by strong population growth and active buyer demand, but risks include affordability pressures, with 54% of residents renting, and potential interest rate sensitivity given typical mortgage repayments of $1,800-$2,399 monthly.
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PropCred Estimated Value
Comparable Sales: 22/11 Tesch Road townhouse sold $449k (May 2023) | Property Price Band: $800k–$900k | Value Drivers: land size, modern fit-out, practical extras (solar, tank, side access)
Bedrooms
4
Bathroom
2
Parking
2
Land
536m²
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