16 David Street, Tennyson QLD 4105
16 David Street, Tennyson QLD 4105
5-bed house on large lot | 1954 build with pool and solar | flood overlay present | top state school catchments
This house presents a rare large-block family configuration in a tightly held street, with its five bedrooms and pool meeting strong demand for spacious, established homes. The solar panels and NBN support modern living, while the Yeronga State School catchment is a key driver for its primary buyer profile: families seeking long-term security in quality government school zones. The 607-608mΒ² lot offers future potential, albeit subject to council overlay constraints.
The flood overlay introduces a tangible risk, likely impacting insurance premiums and financing, while the 1954 construction demands a thorough building inspection for latent defects. The absence of recent comparable sales nearby complicates price validation. For a buyer, the opportunity lies in securing a large, scarce property type in a stable catchment; the logical hold is as a long-term family home, where the land value and educational advantage outweigh the overlay burdens.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Tennyson is a high-value, low-supply residential market experiencing exceptional capital growth, driven by strong buyer competition for its limited housing stock. Recent price trends indicate a robust and accelerating market, with houses selling relatively quickly. Future growth is underpinned by sustained demand, though the premium pricing and low transaction volumes suggest a market sensitive to broader economic conditions.