130 Mildura Street, Stretton QLD 4116
130 Mildura Street, Stretton QLD 4116
Large 4,047 m² estate | 7-bed, 6-bath mansion | Tennis court & pool | Subdivision potential to 6 lots | Quiet, tightly held street
This is a rare acreage-scale holding in a suburb where most homes sit on sub-1,000 m² blocks. The sheer land size, combined with a grand 7-bedroom, 6-bathroom residence, positions it as a multi-generational family compound or a serious redevelopment play. The full-size tennis court and pool add a resort-like quality that is uncommon in standard suburban stock. It serves buyers wanting estate living without leaving Brisbane’s southern corridor—those seeking space, privacy, and the flexibility to either renovate the existing home or pursue a council-approved subdivision into multiple lots. The quiet, tightly held street reinforces its premium character.
The property’s value hinges on two factors: the land’s redevelopment potential and the condition of the existing dwelling. The stated ability to create up to six lots, or split the front portion while keeping the house, may significantly enhance its worth—but this is entirely dependent on council approval, which carries uncertainty. The 2019 sale date suggests the current owner has held it through a strong market cycle, and the lack of disclosed building age or aspect means a buyer should verify structural integrity and orientation during due diligence. The niche appeal of such a large holding may limit buyer competition, but for the right purchaser, the combination of land and dwelling scale could justify a premium over typical local sales.
|| Comparable Sales: 21 Mildura Street (2.06 acres) sold at $3.66M; 27 Mildura Street (951 m²) listed near $2.47M | Property Price Band: $4.8M–$4.9M | Value Drivers: land size and subdivision potential, dwelling scale and amenities (tennis court, pool), and quiet street location in a tightly held pocket.
Detailed Independent Property Report prepared by PropCred Analyst team for 130 Mildura Street, Stretton QLD 4116
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Stretton’s tight, prestige-oriented market is driven by families chasing top schools, leafy acreage and easy motorway access, while a strong owner-occupier base keeps new listings scarce. Buyers are banking on continued lifestyle appeal and the suburb’s restrained supply, so they remain active even as affordability tightens. Risks include interest-rate sensitivity and limited upside if stock suddenly loosens, yet the opportunity lies in the ongoing demand for quality homes; prices have stayed firm over the past six months with high-teen annual gains and very low inventory keeping momentum steady.
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PropCred Estimated Value
Comparable Sales: 21 Mildura Street (2.06 acres) sold at $3.66M; 27 Mildura Street (951 m²) listed near $2.47M | Property Price Band: $4.8M–$4.9M | Value Drivers: land size and subdivision potential, dwelling scale and amenities (tennis court, pool), and quiet street location in a tightly held pocket.
Bedrooms
7
Bathroom
6
Parking
3
Land
1 acres
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