79 Besham Parade, Wynnum QLD 4178
79 Besham Parade, Wynnum QLD 4178
Bayside address | walkable to shops and station | mixed-street character | suited to owner-occupiers
This property is positioned in a genuinely convenient pocket of Wynnum, where the mix of classic housing and low-maintenance stock is considered to create a practical, bayside lifestyle. Its location on Besham Parade is placed close enough to Wynnum Central, the station and the foreshore to make daily errands effortless. For a buyer moving between a larger family house and something easier to run, this type of property is often favoured: the feel of a house is offered without the upkeep demands of a big yard. The property is likely to suit downsizers, professional couples or a small family wanting a smart base in an established suburb, with the confidence that the locality is desirable and lettable if circumstances change.
Value could be shifted noticeably depending on the condition of the kitchen and bathrooms, as well as the practicality of the floor plan. A north-facing living area and good car accommodation may be supported by a premium, while any layout inefficiencies or dated finishes might narrow the buyer pool. The property’s ability to accommodate future alterations, subject to council rules, could also be seen as affecting how much someone is willing to pay. These factors are worth checking before a view is formed.
Detailed Independent Property Report prepared by PropCred Analyst team for 79 Besham Parade, Wynnum QLD 4178
Checks found:
Value Risk
!
1
Liquidity Risk
!
1
Planning Risk
✕
2
Income Risk
✕
2
Execution Risk
✓
Market Insight
Wynnum is a bayside Brisbane suburb drawing families, professionals and retirees seeking a relaxed coastal setting close to the city. Demand is driven by price growth and steady rental demand, with house prices reported between $1.3 million and $1.37 million and annual growth from flat to 5.6%. Unit price estimates range more widely from $772,000 to $1.2 million, with growth reported between 7.5% and 15.9%. Houses sell in a median 22 days across roughly 200 sales a year, indicating firm turnover. Rental yields are low at 2.7–3.1% for houses and 2.8–3.9% for units, with median weekly rents of $700–$720 and $570–$630 respectively. Future growth is supported by the suburb’s coastal amenity and Brisbane proximity.
PropCred Estimated Value
Comparable Sales: 2/12 Besham Parade villa $890,000; 130 Besham Parade house $800,000 (2016) | Property Price Band: $1.2M-1.3M | Value Drivers: condition, land size, layout