13 Hillrise Street, Aspley QLD 4034

13 Hillrise Street, Aspley QLD 4034
Large 2,132 m² block | 3 bed, 2 bath house built 2006 | Rare landholding in Aspley | Family-focused pocket | Off market with upside potential This property stands out primarily for its exceptionally large landholding of approximately 2,132 m², which is well above the typical suburban standard in Aspley. The house itself, with three bedrooms, two bathrooms and single-car accommodation across roughly 124 m² of internal space, offers a comfortable and functional layout rather than expansive living areas. Built in 2006, the dwelling is relatively modern, which reduces immediate maintenance concerns and appeals to buyers seeking a move-in-ready home without the character compromises of older stock. The combination of a substantial block and a modestly sized house creates genuine potential for future extension, subdivision (subject to council approval), or simply enjoying generous outdoor space in an established residential setting. This property best suits families prioritising land and school proximity, or buyers with a long-term view who value the scarcity of such a large parcel in this suburb. The quiet street position and access to local schools, including Aspley East State School and Aspley State High School, reinforce its family-oriented appeal. The value of this property may be significantly influenced by how much of the 2,132 m² is practically usable, as the available data does not clarify whether the land is flat, sloped, or contains any constraints that could limit development or enjoyment. The modest internal floor area relative to the land size might also mean the house feels compact for some buyers, potentially affecting perceived value compared to larger homes on smaller blocks. However, the land’s scarcity could drive competitive interest from those seeking redevelopment potential or simply more outdoor room. Buyers should weigh the property’s current condition, the cost of any future improvements, and how the land’s configuration aligns with their intended use when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 13 Hillrise Street, Aspley QLD 4034
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk 2
Income Risk ! 1
Execution Risk 2
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Market Insight

Aspley, a 6.5 sq km suburb with 17 parks, draws families, retirees and young professionals, supported by excellent schools and CBD connectivity. Demand is robust: houses sell in a median 13.5 days, with 186 sales in the past year. House prices have climbed 21.2% annually to a median of $1,322,849, though other sources put the median lower at $1.2–1.25 million with growth closer to 8%. Units show a median of $853,767 (up 12.5%) and rents at $615 weekly, with a 4.1% gross yield. Supply remains tight: only 18 rentals and 13 properties for sale last month, despite 156 new listings over the year. Future growth is underpinned by steady demand and low vacancy, but affordability constraints and rate sensitivity loom as key risks.
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PropCred Estimated Value

Comparable Sales: 18 Hillrise Street sold for $1.465M; 25 Hillrise Street sold for $1.185M | Property Price Band: $1.3M–$1.5M | Value Drivers: Land size, modern build age, school catchment position

Bedrooms

3

Bathroom

2

Parking

2

Land

2132m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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