78 Adelaide Circuit, Beenleigh QLD 4207

78 Adelaide Circuit, Beenleigh QLD 4207
High-set 3×1 | 600m² block | 4-car workshop capacity | leafy established street | Beenleigh commuter belt The under-house footprint is the strongest practical feature here, with a double lock-up garage plus a dedicated storage and workshop area that extends the usable space well beyond the 122 m² main floor. Combined with off-street parking for two more vehicles, the property offers a rare level of utility for a standard-sized family block. Being high-set, the living areas are elevated, which suits buyers wanting separation between daily living and parking, storage, or hobby work. This house is best suited to owner-occupiers with a trades background, a caravan or boat, or simply a need for organised space that typical slab-on-ground homes in this price range cannot match. Value may be shaped by the age and condition of the original building envelope, as the high-set form and established character suggest older construction that might require attention to roofing, cladding, or plumbing over time. The 600 m² lot is consistent with local expectations, though the workshop arrangement could be more valuable to a buyer who will use it heavily than to one who sees it merely as extra parking. Presentation and interior finish will likely influence how the property is weighted against other three-bedroom houses in the area, and any opportunities to modernise the bathroom or kitchen may add perceived value without changing the overall footprint. >> Comparable Sales: 61 Adelaide Circuit sold $610,000 in 2024; 8 Alamein Street sold late 2023 | Property Price Band: $600,000–$700,000 | Value Drivers: workshop and parking capacity, elevated living layout, land size and street presentation
Detailed Independent Property Report prepared  by PropCred Analyst team for 78 Adelaide Circuit, Beenleigh QLD 4207
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ✓
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Beenleigh, a 7.7 sq km suburb with parks covering 17.5% of its area, is anchored by a 20-29 year old demographic, childless couples and labourer occupations. That cohort drives demand, with house prices rising 11.9–14.1% annually to a $746,000–$856,319 range, while units gained 22–24.4% to $508,108–$571,261. Houses clear in 17 days, with gross yields of 3.9–4.23% for houses and 4.2–4.94% for units. Rents climbed 10% over the past year; median house rent sits at $550–$580, units at $480. Five-year value growth of 141.9% for houses and 176.5% for units underscores sustained demand. The key constraint is affordability: median household income is 37.5% below Greater Brisbane and only 43.8% of homes are owner-occupied, leaving the market exposed to rate sensitivity.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

4

Land

600m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat