19 Brisbane Street, Parramatta Park QLD 4870
19 Brisbane Street, Parramatta Park QLD 4870
3 bed, 1 bath house | 1975 build | compact ~400m² lot | inner-suburban Parramatta Park | parking figures vary sharply
This is a solidly configured three-bedroom house on a compact inner-suburban lot, built in 1975, which places it among the older detached stock in Parramatta Park. The reported new kitchen and full air-conditioning are practical upgrades that reduce immediate outlay for a buyer, while the open-plan living area suits households who value usable interior space over land size. The strongest competitive edge is its location: close to Cairns’ centre, this property serves buyers who want a standalone house without a large block or a premium price tag. It is most suited to owner-occupiers seeking convenience and a modest footprint, or investors targeting tenants who prioritise proximity over yard space.
The conflicting parking figures — ranging from two garages to twenty spaces — may create uncertainty for buyers who need secure off-street parking, and the small lot size limits future expansion or subdivision potential. The 97 m² floor area is modest for a three-bedroom house, which may feel tighter than expected for some households. The 1975 build year might mean older wiring, plumbing, or insulation that could require attention, though the new kitchen suggests some modernisation has occurred. These factors should be weighed carefully when forming a view on price, as they affect both liveability and resale appeal.
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Brisbane Street, Parramatta Park QLD 4870
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Parramatta Park offers a tightly held inner-city position with strong appeal to young professionals and childless couples, a demographic that dominates its high-rental population. While the house market has softened recently, unit values have demonstrated robust growth, supported by high rental yields that attract investors. Future prospects are anchored in its desirable location and limited land supply, though the market’s sensitivity to economic conditions and a notable variance in available stock present key considerations for volatility.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
4
Land
397m²
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