33 Gardenia Street, Clontarf QLD 4019

33 Gardenia Street, Clontarf QLD 4019
Elevated family house | five-car capacity | two-level flexibility | side access shed | bayside position The house is defined by an unusually practical configuration, with a two-level floorplan that provides distinct living zones and a remarkable five-vehicle accommodation supported by a powered shed and side access. This level of parking and storage is rarely found on a 713 square metre elevated allotment, making it especially suitable for families with boats, caravans, or workshop needs. The elevated position captures bay breezes, and the fully fenced backyard with a covered entertaining deck extends the usable living space. The property is set in a quiet bayside suburb that is family-oriented and well connected to schools, shopping, and waterfront recreation. For buyers seeking a flexible, functional family house with strong utility value rather than a polished luxury finish, this property offers a clear edge over typical smaller-lot housing in the area. A premium may not be commanded by the practical, semi-updated interior, so condition expectations should be formed accordingly. The elevated 713 square metre allotment, combined with the rare five-vehicle capacity and genuine side access, might be the strongest value drivers. These features are likely to attract a focused buyer group of families, tradespeople, or watercraft owners who will pay for utility. The property’s value may also be supported by its suitability as a dual-purpose home, with the downstairs rumpus and kitchenette adding flexible living or multi-generational potential.
Detailed Independent Property Report prepared  by PropCred Analyst team for 33 Gardenia Street, Clontarf QLD 4019
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk ! 1
Execution Risk
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Market Insight

Clontarf, a bayside suburb, is positioned as a lower-density enclave. Demand is led by older, childless couples and a predominantly 50-plus cohort with mid-to-high incomes and professional/trade occupations. House prices have risen 10.3–12.1% annually to a $910k–$950k median, while units have surged 16.1–26.6% to $725k; houses sit 59 days on market. Growth is supported by steady population growth and childcare infrastructure. Yet supply is a constraint: 434 houses listed against 135 annual sales, and a material renter share signals soft owner-occupier depth. Low gross yields—3.1% houses, 2.6–3.5% units—and a $910k–$950k house median leave prices sensitive to rate moves and affordability stretched.
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PropCred Estimated Value

Comparable Sales: 31 Gardenia Street (similar, $1.25M), 33 Deans Street (smaller, $830k) | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, five-vehicle capacity, elevated position

Bedrooms

3

Bathroom

2

Parking

2

Land

713m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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