4/17-27 Mulgrave Road, Marsden QLD 4132
4/17-27 Mulgrave Road, Marsden QLD 4132
Two-storey townhouse | Early-2010s complex with pool and gym | 3-bed, 2-bath, 1-car layout | Compact 135–144m² strata lot | Flood overlay recorded
The property is positioned within a well-regarded early-2010s townhouse complex that offers a distinctly higher level of shared amenity than much of the surrounding detached housing stock. The three-bedroom, two-bathroom configuration with a single garage is a practical and efficient layout that suits owner-occupiers seeking low-maintenance living and investors looking for steady rental interest. The complex is described as quiet and professionally managed, with a pool, gym, and security features that strengthen day-to-day appeal. It is best suited to small families, first-home buyers, or investors who prioritise security, convenience, and reduced upkeep over generous land area.
Value may be shaped by presentation relative to recently upgraded units in the same complex, as refreshed kitchens, bathrooms, and flooring tend to command stronger buyer attention. The compact strata lot limits redevelopment flexibility, and ongoing body corporate fees are a recurring financial consideration. Flood and bushfire overlays are recorded, which might affect insurance costs and buyer perception, although no heritage constraints apply. Condition and internal finish remain the primary swing factors when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/17-27 Mulgrave Road, Marsden QLD 4132
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Marsden is a southern Brisbane family market, with young couples and families driving demand amid new housing construction and population inflow. House prices are trending up: median estimates range $720,000–$863,500, with annual growth of 9–13.5%. Units are growing faster, near 21% annually. Conditions are brisk: houses sell in 15.5–34 days, annual sales volumes 151–176. Rental demand is strong, with weekly house rents of $560–$600 and gross yields near 4%. Growth is supported by continued construction and resident inflow. Key constraints: limited supply (23 rentals, 20 listings last month) and incomes well below Greater Brisbane average, capping affordability and rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 2/17–27 Mulgrave Road sold $768,000; 21/17–27 Mulgrave Road sold $714,000 | Property Price Band: $700,000–$800,000 | Value Drivers: Renovation condition, complex amenity, lot size
Bedrooms
3
Bathroom
2
Parking
1
Land
85m²
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