115 Farry Road, Burpengary East QLD 4505
115 Farry Road, Burpengary East QLD 4505
Acreage lifestyle near highway access | Flood overlay on site | Family-focused semi-rural demand | Shed and parking capacity likely strong | School catchment to Morayfield East and Burpengary State Secondary
This property sits in the semi-rural pocket of Burpengary East where large blocks and detached houses dominate, and the configuration here aligns with what buyers in this corridor typically seek: space, multiple vehicle accommodation, and room for sheds or outdoor equipment. The land size alone, consistent with neighboring parcels around two acres, gives it a competitive edge over tighter suburban lots, and the house itself, likely built in the early 1990s, offers a practical layout with multiple living areas and a family kitchen. It serves best a household needing room for trailers, machinery, or hobbies, while still being a short drive from the Bruce Highway, shops, and the train station. The rental evidence on the same road reinforces steady tenant demand, which adds confidence for an owner-occupier or investor.
The flood planning overlay identified on nearby Farry Road properties may affect insurance costs and could narrow the buyer pool, though it does not appear to have suppressed values in recent sales on the corridor. The age of the building, likely around three decades old, might mean updates to kitchen, bathroom, or roofing are needed, and the absence of confirmed details on finish quality or orientation should be weighed when forming a price view. The property’s value will hinge on how the land is usable—whether it is clear, fenced, and accessible—and how the house compares to renovated or steel-framed alternatives in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 115 Farry Road, Burpengary East QLD 4505
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Burpengary East, in Moreton Bay near the Bruce Highway, attracts trade-qualified couples with children; 44% of households are couples with children, 31% of residents are over 55, and 77.9% owner-occupation indicates stability. House prices range $920,000–$980,000, with annual growth of 11.4–16.5%; units average $595,000 with 14.4% growth. Houses sell in 27–46 days, supported by 148–210 annual sales. Future demand is underpinned by population growth of 50.1% from 2016–2021 and parks covering 4.2% of the area. However, tight supply—23 rentals and 16 listings last month—and a slower 87-day sell-period temper near-term momentum, while limited unit turnover constrains diversification.
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PropCred Estimated Value
Comparable Sales: 86–88 Farry Road sold 2015 for $580k; 175 Farry Road sold 2010, similar size and age | Property Price Band: $1.3M–$1.4M | Value Drivers: land size and usability, flood overlay impact, condition and layout of the house
Bedrooms
5
Bathroom
2
Parking
5
Land
3008m²
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