111 Burnett Street, Berserker QLD 4701
111 Burnett Street, Berserker QLD 4701
Detached house on 405m² | Established suburban pocket | Heritage overlay noted | Mid-6% rental yield potential | Suits first-home buyers and investors
This property offers a straightforward entry into an established residential suburb, where detached houses on moderate lots remain the dominant stock type. Its 405m² block is consistent with the local subdivision pattern, providing a manageable footprint for low-maintenance living without sacrificing outdoor space. The single-level layout, typical of the era, suits first-home buyers seeking a practical start or investors targeting consistent rental demand. The rental yield potential sits comfortably in the mid-6% range, supported by an active leasing market for similar houses in the vicinity. Its position within a primary school catchment adds practical appeal for young families, while the convenience of the location reinforces its everyday livability. For a buyer prioritising affordability and dependable occupancy, this house delivers a solid, uncomplicated proposition.
The heritage overlay on the property record may influence the scope of external renovations or future redevelopment, so a buyer intending to extend or alter the structure should factor in potential approval requirements. The building size, derived from aerial estimates, might not fully reflect internal layout efficiency, and the absence of detail on finishes or room configuration means an inspection is essential to gauge true condition. The ground elevation and roof height suggest a standard build, but flood or bushfire risk remains unconfirmed, which could affect insurance costs or lender appetite. The rental estimate appears reasonable against local evidence, though actual returns will hinge on presentation and market timing. These factors may shape the final price, but none point to a fundamental weakness in the property’s core appeal.
|| Comparable Sales: 11 Burnett Street sold $356,000; 9 Burnett Street sold $455,000 | Property Price Band: $400,000–$500,000 | Value Drivers: land size, heritage constraints, rental yield potential
Detailed Independent Property Report prepared by PropCred Analyst team for 111 Burnett Street, Berserker QLD 4701
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
This suburb’s tight market is anchored by a young, income-secure workforce—professionals, technicians, and community/personal service workers—drawn by effective motor-vehicle connectivity and a rental shortage. House prices have climbed sharply, with medians reaching $497,000 after 24.3% annual growth, while units rose 17.14% to $410,000. Demand remains robust: homes sell in a median 15 days, annual sales hit 215–240, and vacancy sits at 0.7%. Room demand is notable at a 75% supply ratio, supporting yields of 5.92% for houses and 5.10% for units. The 25.5% absorption rate signals ongoing pressure, but a 30.1% interquartile price range reveals meaningful price variability.
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PropCred Estimated Value
Comparable Sales: 11 Burnett Street sold $356,000; 9 Burnett Street sold $455,000 | Property Price Band: $400,000–$500,000 | Value Drivers: land size, heritage constraints, rental yield potential
Bedrooms
3
Bathroom
1
Parking
1
Land
405m²
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