16 Krause Street Bellbird Park QLD 4300
16 Krause Street Bellbird Park QLD 4300
5 bed rarity on 394m²|Est. $1m value|Tenanted $700pw til ’27|Sold $203k in 2016 |This five-bedroom house on a 394m² block suits extended families or investors seeking school proximity in a family-oriented pocket. The modest land size paired with substantial 248m² building coverage delivers practical living space for larger households, including a dedicated media room and air-conditioned core areas that support everyday functionality without excess outdoor maintenance. Positioned just 0.2km from Bellbird Park State Secondary College, it aligns neatly with streets attracting parents prioritising walkable school access over expansive yards. Investors note its current tenancy through January 2027 at $700 weekly, offering immediate yield in a market where five-bedroom homes command premium rents around $720 per week. Similar properties in the area have shown strong capital growth since the 2016 sale at $203,000, reflecting demand for versatile family homes amid local school catchments and highway links. Its tightly held street context enhances stability, appealing to buyers who value low-risk holding over renovation potential. Long-term, the absence of flood or bushfire overlays, plus reliable fibre and 5G, underpins enduring appeal for owner-occupiers or landlords in this established setting. With building size maximising the lot, it positions well against smaller homes, targeting those upgrading for space without stepping into larger-block territory. Market estimates near $1 million signal solid equity for recent entrants, tempered by the compact site.
Market Insight:
Bellbird Park demand is fuelled by Ipswichs growth narrative, an affordable entry point beneath Brisbane prices, solid schooling choices, and faster-than-neighbouring selling speed that keeps buyers and renters circling the suburb. Buyers are chasing the double-digit annual gains and larger land parcels while opportunity lives in planned transport links and Springfield-Central connectivity; the key risk is any sharp pullback in lending that would pause the strong uplift. Median houses sit near $820k with about 1112% annual growth, so the past six months still read like a steady upward trajectory rather than a retreat. ([openagent.com.au](https://www.openagent.com.au/suburb-profiles/bellbird-park-4300?utm_source=openai))