3 Gonzales Street MacGregor QLD 4109
3 Gonzales Street MacGregor QLD 4109
3-bed house on 602mΒ² block |Recent sale $680k Dec 2023 |Est value $1.26m |Quiet street family appeal | 4-car parking edge
This three-bedroom house on a 602sqm block suits families or downsizers needing versatile space near schools and amenities. The highset brick design spreads living across two levels, with upstairs bedrooms and communal areas flowing to a sunroom and low-maintenance garden for everyday practicality. Downstairs adds flexibility through a utility room, storage, extra bathroom and double garage, convertible to office or guest space without major outlay. On a quiet street of 56 similar homes, it holds a solid mid-range position, bolstered by its level block and bushfire overlay that flags minor risk management. Buyers drawn here typically include local families valuing the four-car parking rarity and proximity to state schools like Upper Mount Gravatt and MacGregor State High. Similar three-beds on 600sqm lots in the area track steady appreciation, jumping from this property’s $680k sale last December to a $1.26m estimate now, signaling strong post-sale uplift. That gap underscores renovation potential or simple market momentum for holding. Long-term, the residential zoning and lack of flood issues cement reliable value retention amid Brisbane’s outer growth. Its NBN and 5G coverage keeps it relevant for remote work trends too.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Macgregor is seeing steady demand thanks to proximity to Griffith University, Sunnybank and Garden City retail/health hubs, good bus links and a diverse student/young?professional population. Buyers are attracted by relative affordability to inner Brisbane, reliable rental demand and scope to add value through renovations or dual?living. Prices have trended upward over the last six monthsΒhouse values showing the strongest gainsΒwhile risks include patchy aesthetic gentrification, sensitivity to broader Brisbane cycles and limited new stock; overall it remains a lower?risk, middle?ring growth play.