10 Card Street, Berserker QLD 4701
10 Card Street, Berserker QLD 4701
Large block with dual living areas | Upstairs configuration suggests duplex potential | No bushfire or flood overlays | Close to schools and shopping
This property presents a competitively strong offering due to its generous 933mΒ² lot size and the rare upstairs configuration, which suggests a split-level or dual-living design uncommon for the street. The three-car accommodation and absence of natural hazard overlays provide practical utility and risk mitigation. It best serves an owner-occupier seeking space or an investor eyeing future subdivision or multi-generational living potential, given the block’s low 24% building coverage.
The primary risk is valuation justification, as the asking price sits notably above recent street sales for typically smaller homes. The opportunity lies in securing a lot with demonstrable expansion potential in a convenient location. Acquire this property only if you intend to capitalise on its underlying land value through long-term hold or improvement, not as a short-term speculative play.
Recent sales on Card Street provide essential context:
– 2/33 Card St: $315k (2 bed, 1 bath, 2 car)
– 5/33 Card St: $330k (2 bed, 1 bath, 2 car)
– 25 Card St: $400k (3 bed, 1 bath, 2 car)
– 29 Card St: $406k (5 bed, 2 bath, 1 car)
These comparables, all on smaller lots, establish a clear value benchmark. The subject property’s premium is directly attributable to its larger land parcel and superior bedroom/bathroom ratio, demanding a buyer who values that specific utility.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
This suburb is positioned as a high-demand, affordable entry point, attracting a young professional demographic. Demand is driven by this cohort’s strong rental appetite, evidenced by a critically low vacancy rate and robust room rental demand. Recent price trends show exceptional capital growth, supported by rapid sales and a highly competitive market. Future growth is underpinned by sustained rental pressure and high market absorption, though price variability indicates a degree of market volatility as a key consideration.