98/439 Elizabeth Avenue, Kippa-Ring QLD 4021

98/439 Elizabeth Avenue, Kippa-Ring QLD 4021
3-bed 2-bath double-garage townhouse | two complex pools | walk to rail and shopping | 2010-built | strong internal sales momentum This townhouse is positioned with a practical edge in Kippa-Ring’s market. The double garage and second bathroom are genuine advantages, and the complex pools are seen as a leisure component not commonly paired with this configuration. Walking distance to the train station and Peninsula Fair is a strong convenience factor. Being built in 2010, it sits among newer local stock. The property is best suited to owner-occupiers wanting low-maintenance living, including small families, couples, and downsizers. Internal sales momentum in the complex is noted as steady, and the open-plan lower level with generous bedrooms is well aligned with practical buyer expectations. Value may be influenced by the flood overlay on the broader site, which could affect insurance costs and buyer perception. Inconsistent area records may warrant verification when weighing price. Presentation quality and recent upgrades might also be expected to affect the outcome. Strong internal sales momentum is noted, but that pace may not apply evenly across all units. >> Comparable Sales: Unit 113 at $595k and Unit 84 at $506k | Property Price Band: $550K-$650K | Value Drivers: double garage, complex pools, walk-to-station location
Detailed Independent Property Report prepared  by PropCred Analyst team for 98/439 Elizabeth Avenue, Kippa-Ring QLD 4021
Checks found:
Value Risk ✕ 2
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ✓
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Market Insight

Kippa-Ring, on the Redcliffe Peninsula with rail and Bruce Highway access to Brisbane, remains a family-oriented trade market. Median house prices reached $870,000–$880,000 with annual growth of 11.4–14.5%; units sit at $846,000 with 8.1% growth and a 17.7% trailing surge. Rental yields hold at 3.6–3.7%, while median house rents rose to $620–$628 per week. Demand comes largely from mid-income families and investors drawn by transport connectivity and yields, though house prices now exceed Brisbane’s median, limiting first-home buyer entry. Annual sales of 150–169 houses point to steady, not excessive, supply. Future growth will be supported by proximity to Brisbane and the rail link, but interest-rate sensitivity and affordability pressures remain the key constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1.73 ha

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