10 Mapellen Street, Aspley QLD 4034

3-bedroom post-war house | 698sqm in Aspley | 80% owner-occupied street | FTTP and 5G ready The property’s competitive edge is the 698sqm lot on a street with 80% owner-occupancy, which typically suppresses turnover and supports stable capital growth. The 30% site coverage and 30m elevation give rare redevelopment optionality for a buyer willing to hold medium-term. It suits a family wanting catchment access to Aspley East and Aspley State High, or an investor seeking land-bank exposure in a suburb where house values rose 88% over five years. Risk is the 1990 sale date suggests deferred maintenance, and the single bathroom limits appeal to owner-occupiers without renovation budget. The zero auction clearance rate in Aspley this year signals softening demand at current price expectations. Opportunity lies in the low site coverage and 7m roof height, which allow a second-storey addition or granny flat without rezoning. Hold for land appreciation and refinance after value-add improvements.