15 Harwood Street, Kensington Grove QLD 4341
15 Harwood Street, Kensington Grove QLD 4341
4 bed | 2 bath | 4 car | acreage-style block | low-density estate | family lifestyle
This property offers the rare combination of a substantial family floor plan with generous parking and the semi-rural privacy that Kensington Grove is known for. The four-car accommodation alone signals a home designed for practical living—whether that means trades equipment, boats, or simply room for a growing household’s vehicles. It sits comfortably within the suburb’s dominant character of large-lot housing, where space and separation from neighbours are the norm rather than the exception. That positions it well for buyers seeking an escape from standard suburban density without sacrificing a modern, estate-managed environment. The configuration suits owner-occupiers prioritising room to move indoors and out, particularly those with children or multiple vehicles who value functional space over polished finishes.
The value of this property will likely hinge on how its land size and orientation compare to similar homes in the immediate area. Larger parcels in this estate tend to command a premium, so if this block is on the smaller side of the acreage spectrum, that may temper expectations. Conversely, a well-positioned lot with good aspect or usable outdoor space could support a stronger outcome. The absence of confirmed build year or finish level means the buyer should weigh potential renovation costs or immediate move-in readiness when forming a price view. Market conditions here appear tight, with low turnover and limited stock, which may provide some pricing resilience.
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Harwood Street, Kensington Grove QLD 4341
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Kensington Grove is a rural-residential Queensland suburb with acreage lots from 3,000m² to over a hectare. Young families, typically aged around 39, drive demand for four-plus-bedroom homes on large blocks, reflected in 39-42 annual sales. The median house price is $1,000,000, with annual growth between 21.95% and 24.0%. Houses average 23-24 days on market, signalling tight supply. House rental yield is 4.17%, while units yield 6.33%. Future growth relies on continued scarcity and quick absorption, but the $1M median entry and limited turnover—only 39-42 sales per year—pose constraints.
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PropCred Estimated Value
Comparable Sales: 21 Harwood Street sold for $1.19M; 5 Silverton Place sold for $1.05M | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, parking capacity, estate location, condition of finishes
Bedrooms
4
Bathroom
2
Parking
4
Land
1.54 acres
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