11 Breene Court Carindale QLD 4152

11 Breene Court Carindale QLD 4152
Built 1990 | 784sqm block | First sale in 36 years | $1.7M+ position This four-bedroom house on a 784-square-metre fully fenced block represents a long-held family asset entering the market for the first time in over three decades, positioning it for buyers seeking established space in an accessible central Brisbane location. The property’s primary appeal centres on its substantial land holding and single-level layout, practical attributes that tend to attract families prioritising useable outdoor space and accessibility over modern finishes. At 210 square metres of internal area across four bedrooms and two bathrooms, the 1990-built residence offers functional proportions rather than contemporary design credentials. The cul-de-sac setting adjacent to Bulimba Creek Parklands provides environmental amenity and reduces through-traffic, a feature that typically sustains appeal across market cycles in suburban Brisbane. Properties of this age and land size in Carindale typically appeal to owner-occupiers seeking renovation or extension potential on an established block, as well as investors recognising the underlying land value in a location with reasonable proximity to schools and suburban services. The bushfire overlay designation is noted but unlikely to present significant constraint given the property’s current development status. Current rental income estimates around 1,065 per week suggest reasonable investment yield, though the property’s primary market will likely remain owner-occupiers. The estimated value positioning at 1.7 million plus places it within a segment where land value comprises a meaningful proportion of total price, a dynamic that often underpins longer-term resilience in Brisbane’s middle suburbs.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Carindale demand is anchored by Westfield CarindaleΒ’s upgrades, reliable busway/motorway links, and family-focused schools and parklands that keep owner-occupiers active despite limited stock. People buy for the easy commute to the CBD/airport, generous blocks, and the suburbΒ’s ready-made retail and recreation mix while rents remain stable. Growth will likely come from infill and knock-down-rebuild plays in this low-land suburb, but premium pricing, retail-competition traffic and reliance on bus-based transport are the key risks; prices have been gently firming over the past three months as buyers chase stability rather than leaps.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

784mΒ²

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