74 Princess Street, Marsden QLD 4132
74 Princess Street, Marsden QLD 4132
Large flat block in quiet pocket | Raised home with great outlook | Updated kitchen & bathroom | Strong rental demand | Flood overlay present.
This property presents a competitive holding due to its expansive, flat land parcel, a configuration increasingly rare in the suburb. The raised, updated house on a quiet street serves a practical buyer seeking low-maintenance living or a stable rental investment, supported by high parking and reliable connectivity. Its smaller dwelling size against a large block creates a land-value advantage, appealing to those prioritizing future potential over immediate space.
The primary decision mechanism is the flood overlay, which imposes insurance and financing costs that directly impact yield and capital growth. The commercial logic is acquiring a high-demand rental in a convenient location, with the lot size offering long-term optionality. Hold as a tenanted property while monitoring council flood mitigation, as the land component justifies patience over immediate development.
Independent, Unbiased Research Report for this property by PropCred Analyst team
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Market Insight:
Marsden is a high-growth, family-oriented suburb where houses sell in just 17 days, indicating intense demand from young couples and families. This is fuelling exceptional annual price growth of 13.5% for houses and over 20% for units. The market is characterised by strong sales activity and solid rental yields above 4%, supported by an influx of new residents. Key growth drivers include this sustained buyer demand and new housing construction. However, risks exist with household income notably below the Brisbane average, potentially impacting affordability and rate sensitivity.
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PropCred Estimated Value
Bedrooms
Bathroom
Parking
4
Land
1541m²
Assessments Delivered Today
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