11 Fornax Street, Inala QLD 4077
11 Fornax Street, Inala QLD 4077
11 Fornax Street, Inala QLD 4077 is a 3-bedroom, 1-bathroom house on a 587 m² block with 1 car space and an internal area reported at 104 m²; it was last sold in 2015 for $295,000 and is currently marketed for sale by auction. The property was listed for sale as a house in Inala, with auction noted in the listing context.
3-bed detached on a wide 19.9m frontage | side access and solar included | solid 104m² floorplan on 587m² | last sold in 2015 at $295,000
This property stands out for its generous 19.9 metre frontage on a 587 square metre block, a configuration that is becoming less common in established suburbs like Inala. The side access adds practical value for storing a boat, caravan, or trailer, while the solar installation reduces ongoing utility costs. The 104 square metre internal area is modest but functional for a three-bedroom, one-bathroom layout, and the “well-kept” presentation suggests the structure has been maintained without major deferred maintenance. This house is best suited to a family seeking a detached home on usable land, or an investor targeting stable rental demand in a suburb where detached stock on larger lots retains appeal.
The 2015 sale price of $295,000 provides a historical benchmark, but the current market context may have shifted significantly since then. The combination of a 587 square metre block and 19.9 metre frontage could offer future subdivision potential, depending on local zoning and council requirements, which a buyer should investigate. The modest 104 square metre house size on a larger block may mean the land value dominates the overall price, so the condition of the dwelling and any need for updates should be weighed carefully. The absence of documented renovations or finish level means a buyer should budget for possible improvements.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Fornax Street, Inala QLD 4077
Checks found:
Value Risk
✓
Liquidity Risk
✓
Planning Risk
✕
2
Income Risk
✓
Execution Risk
!
1
Market Insight
Inala presents as a high-growth, tightly held residential market in Brisbane’s southwest, driven by strong investor and owner-occupier demand. Its exceptional capital growth is underpinned by a severe rental shortage, attracting buyers seeking robust returns. The market is characterised by rapid sales and limited stock, particularly for houses. Future prospects are supported by established infrastructure and proximity to employment hubs, though affordability pressures and interest rate sensitivity present notable constraints for entry-level buyers and investors.
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
587m²
Other Properties to Compare in This Area
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