5 Mcgreavy Street, One Mile QLD 4305

5 Mcgreavy Street, One Mile QLD 4305
Mid-1990s detached house | 637m² block | 186m² floor area | Flood overlay noted | Single-level family stock The property is presented as a mid-1990s single-level family house on a practical 637m² block. Its 186m² internal area is considered generous for the era, and air conditioning is included for immediate comfort. The location in One Mile is placed within easy reach of Ipswich CBD, schools, shopping and transport, making it a workable option for owner-occupiers and investors alike. The house is best suited to buyers seeking established detached housing with room to adapt, rather than those wanting a modern or prestige product. Its straightforward configuration and suburban setting are given broad appeal in this part of Ipswich. The flood overlay is a factor that may affect insurability and resale confidence, so it should be weighed carefully. The single bathroom and one-car garage might be seen as limitations for a family of four, and the 1995 build may require updating in some areas. These elements are likely to influence a buyer’s view on price, and any renovation potential or block advantages might offset them partially. >> Comparable Sales: 4 McGreavy Street sold June 2018 for $285,000 | Property Price Band: $800K–$900K | Value Drivers: land size, internal area, flood exposure
Detailed Independent Property Report prepared  by PropCred Analyst team for 5 Mcgreavy Street, One Mile QLD 4305
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✓
Income Risk ! 1
Execution Risk ! 1
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Market Insight

One Mile, in QLD 4305 near Ipswich, is a tight, fast-moving market: median house prices span $529,500 to $682,250, with annual growth of 16.0% to 21.9% and houses selling in a median 17 days. Demand is driven by local labourers and certificate-qualified families, mostly with mortgages, buying into a suburb where 49–50 house sales occurred in the past year. The affordability gap versus Brisbane’s $1.08 million dwelling median underpins buyer interest, and the low inventory-just seven properties for sale and five for rent last month-supports price momentum. Future growth hinges on sustained owner-occupier demand and quick turnover, but the supply constraint is also the key risk: limited listings and rental stock could deter incoming buyers and cap transaction volume if affordability tightens further.
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PropCred Estimated Value

Bedrooms

4

Bathroom

1

Parking

1

Land

637m²

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