120 Russell Terrace, Indooroopilly QLD 4068
120 Russell Terrace, Indooroopilly QLD 4068
4-bed house on 1,093m² | Indooroopilly State School catchment | Large-block family hold | Strong school-driven demand | Last sold 1990
This is a rare large-block family house in a suburb where much of the recent stock is compact strata units. The 1,093m² landholding places it at the premium end of the local spectrum, and the confirmed catchment for both Indooroopilly State School and Indooroopilly State High School makes it a practical choice for families prioritising education. The property has been held since 1990, which typically means original or lightly updated interiors, and the land itself offers scope for renovation, extension, or potential reconfiguration depending on zoning. It best serves a family buyer seeking long-term tenure in a well-regarded school corridor, or an owner-occupier willing to invest in modernisation to unlock the property’s full potential.
The absence of recent transaction data means the price band is shaped by land value, location, and the strength of the school catchment rather than a clear recent benchmark. The house may require significant updating, and its condition, layout, and orientation will materially influence what a buyer is prepared to pay. The large block may also carry development potential, but that is unverified and should be investigated. Buyers should weigh the cost of any renovation against the premium already embedded in the land and catchment access, and consider whether the property’s age and finish justify the asking level relative to newer or renovated alternatives in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 120 Russell Terrace, Indooroopilly QLD 4068
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Indooroopilly is an established Brisbane riverside suburb with a diverse mix of professionals, students, and young families. Demand is driven by its train station, bus network, Western Freeway access, and proximity to schools and tertiary institutions, which also supports rental demand. House prices are around $1.64 million with 1.2% annual growth, though another reading shows 9.8%. Units are stronger: median $825,000 with 18.5% growth (or $850,000 with 13.3%). Houses sell in 26–33 days. Gross yields are modest: houses 2.9–3.1%, units 3.8–4.3%. Median weekly rents are $730–$900 for houses and $700–$720 for units. Future growth is tied to ongoing demand from students and professionals; key constraints are affordability and rate sensitivity given high entry prices.
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PropCred Estimated Value
Comparable Sales: 4/82 Russell Terrace sold $920k (Aug 2025, unit); 19/82 Russell Terrace est. $1.101m (townhouse) | Property Price Band: $1.5M–$1.6M | Value Drivers: land size, school catchment, renovation potential
Bedrooms
4
Bathroom
3
Parking
2
Land
1093m²
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