11 Alrex Street, Everton Hills QLD 4053

11 Alrex Street, Everton Hills QLD 4053
3-bed house on 753m² | single bathroom | large established block | family demand | Everton Hills The property is positioned on a substantial 753 m² block, which is a clear advantage for a 3-bedroom house in an established suburb like Everton Hills. The single bathroom is a practical limitation, but the land size offers genuine extension or redevelopment potential, making it a strong fit for families seeking space or a disciplined renovation project. Demand in the suburb is driven by detached housing on large blocks, and this house aligns with that character without carrying the premium associated with newer stock. The single bathroom may limit appeal for some owner-occupiers, and the condition of the original structure might require immediate investment. However, the block size and street position may support a price premium over conventional 3-bedroom houses, particularly if the dwelling is well-presented or offers expansion upside. The cost of upgrades should be weighed against the land value. >> Comparable Sales: 3 Alrex Street $1.47M, 11 Camelia Avenue $1.40M | Property Price Band: $1.2M-$1.3M | Value Drivers: land size, single-level layout, renovation potential
Detailed Independent Property Report prepared  by PropCred Analyst team for 11 Alrex Street, Everton Hills QLD 4053
Checks found:
Value Risk ! 1
Liquidity Risk ✓
Planning Risk ✓
Income Risk ✓
Execution Risk ✓
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Market Insight

Everton Hills, a 3.3 sq km suburb with extensive parkland, is a family and professional stronghold. Demand is driven by couples with children and professionals, with high owner-occupancy and mortgage outlays. Median house prices span from $862,189 to $1.148 million depending on the source and period; annual growth readings diverge sharply, from -0.74% to +15.5%. Units, at $697,275, grew 11.02% year-on-year, indicating resilient rental demand for lower-price entry points. The suburb’s 22 parks and infrastructure developments underpin future growth. Key risks include interest-rate sensitivity and broader economic conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

-

Land

754m²

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