3 Renelle Street, Marsden QLD 4132
3 Renelle Street, Marsden QLD 4132
4-bed 1-bath 4-car on 1116m²|Bushfire overlay flagged|Large block in low-density pocket|Rent ~$680/wk|Minimal street turnover
A competitive edge is identified in the four-bedroom, one-bathroom configuration with four car spaces on a 1116m² lot, a combination that is rarely seen in such a compact street. The house is positioned within an established low-density residential pocket, where larger blocks and older detached homes are typical, and the 153m² building size with only 14% coverage is considered a key strength for future expansion or a secondary dwelling. This property serves families who value land and parking over finish, as well as investors seeking rental yield from a four-bedroom house. Its inclusion in local school catchments and proximity to shops and hospital are noted as practical benefits, with the street’s very low turnover contributing to a stable neighbourhood feel.
The bushfire overlay is considered a potential source of higher insurance or clearance costs, which might temper demand from some buyers. Value may be influenced by the single bathroom against four bedrooms, as a second bathroom is typically preferred in this market. The condition and finish of the house are seen as either an opportunity for improvement or a need for immediate spending, depending on inspection. The large block and car accommodation might be thought to offset these concerns, particularly for those planning extensions or dual-occupancy.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Renelle Street, Marsden QLD 4132
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 4 Renelle Street sold 2023 for $810,000 | Property Price Band: $900K–$1M | Value Drivers: land size, parking capacity, future use potential
Bedrooms
4
Bathroom
1
Parking
4
Land
1116m²
URL has been copied successfully!