61 Riding Road, Hawthorne QLD 4171
61 Riding Road, Hawthorne QLD 4171
Large 5-bed house | 806 sqm land | pool and solar | school catchment demand | premium family segment
A rare configuration is presented by this five-bedroom house on an 806 sqm block in an established inner-east suburb. The generous land-to-building ratio, with 35% building coverage, is complemented by a pool, deck, and rumpus room, providing substantial indoor-outdoor living space. Particular appeal to family buyers is found in its placement within the Norman Park State School and Balmoral State High School catchments, as well as near prestige private schools. This property is best suited to buyers seeking a spacious family home with lifestyle amenity, rather than investors focused on yield.
Value may be affected by undisclosed finish condition. The price point might be narrowed in buyer pool terms, appealing mainly to space and location prioritizers. Assurance is given by the absence of flood or bushfire overlays. Solar panels and air conditioning are likely viewed favorably. Detached privacy and future flexibility are provided by the large land component, supporting long-term retention.
Detailed Independent Property Report prepared by PropCred Analyst team for 61 Riding Road, Hawthorne QLD 4171
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Hawthorne, in Brisbane’s inner-east, is a tightly held market where affluent professionals and upsizer families dominate demand, drawn by riverfront living, CBD access, and high-performing schools such as Hawthorne State School and Churchie. House prices sit around $2.3 million, with annual growth of 8-15% and median selling times of 42-44 days. The 70 house sales over the past year confirm liquidity, though supply is constrained – just 12 recent listings. Units are the investor play: median $890,500, growth above 20%, and gross yields near 3.7%. Future gains hinge on Greater Brisbane infrastructure and steady buyer appetite, but affordability caps first-home entry and rate sensitivity is acute at these price points.
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PropCred Estimated Value
Comparable Sales: 2/55 Riding Road sold at $700,000; 4/11 Riding Road sold at $650,000 | Property Price Band: $2.9M–$3.0M | Value Drivers: large land size, five-bedroom layout, school catchment
Bedrooms
4
Bathroom
2
Parking
2
Land
257m²
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