13 Dracon Street, Regents Park QLD 4118

13 Dracon Street, Regents Park QLD 4118
3-bed house on 758mยฒ | 185mยฒ building | above-ground pool | solar panels | 5-day market time The property’s competitive edge lies in its generous 758mยฒ lot with only 24% building coverage, leaving substantial outdoor space rare for a 3-bedroom house in Regents Park. The above-ground pool, solar panels, and water tank reduce ongoing costs and appeal to families seeking low-maintenance living with environmental efficiency. Positioned in a street where 75% of properties are owner-occupied and 65% of residents are long-term, the house offers stability and established neighbourhood character. It serves best a buyer wanting a solid 1985 build with modern updates like air conditioning and a deck, without paying a premium for newer construction. The main risk is the 1-bathroom configuration, which limits appeal to families or investors targeting the $615 weekly rental potential, as comparable 3-bedroom houses with 2 bathrooms command higher rents and resale value. The 1-car garage is also tight for a family household. However, the 5-day market time and 0% auction clearance in the suburb suggest motivated sellers, creating negotiation room. The school catchment for Yugumbir and Browns Plains State High adds buyer pool depth. Hold this property for steady rental yield or as a downsizerโ€™s retreat, not for short-term capital gain.

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

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Market Insight:

This suburb is a high-demand, family-oriented market characterised by strong owner-occupier sentiment and rapid sales. Demand is driven predominantly by trades professionals and young families, reflected in the high proportion of couples with children. Recent price growth has been robust, with houses transacting swiftly, indicating sustained buyer competition. Future growth is underpinned by this established demographic foundation, though the market’s sensitivity to interest rates and its reliance on a single housing type present inherent constraints to affordability and supply.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

758mยฒ

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