2/17 Marian Street, Booval QLD 4304
2/17 Marian Street, Booval QLD 4304
Ground-floor unit with house-like layout | 3-bed, 2-bath, private yard | Rail and shopping within walking distance | Strong rental potential | Larger-than-typical unit footprint
This unit stands out in Booval because it combines the practicality of apartment living with the privacy and space usually found in a house. The ground-floor position with a private entry, fully fenced yard, and lock-up garage makes it genuinely rare for a unit in this market, appealing strongly to downsizers and small families who want low-maintenance living without sacrificing outdoor space or parking. The open-plan layout, internal laundry, and modern finishes like air conditioning and a dishwasher reinforce its owner-occupier appeal. Given the suburb’s house-led character, this property offers a differentiated option that should attract buyers seeking affordability with a more substantial feel than a typical flat.
The 99–115 m² building size discrepancy across records may influence buyer perception, so confirming the actual internal area before purchase is worthwhile. Rental appraisal of $600–$650 per week sits well above the suburb’s unit average, suggesting strong income potential if accurate, though the broader market’s elevated vacancy and rental supply could moderate growth. The 1,216 m² parent parcel indicates strata context rather than a standalone lot, meaning body corporate fees and shared maintenance obligations should be carefully reviewed. School catchments and transport access are solid but not differentiating; the property’s value likely hinges on its configuration and condition rather than location alone.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/17 Marian Street, Booval QLD 4304
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Booval is a compact 1.7 sq km suburb with four parks covering 5.1% of its area. Demand is driven primarily by owner-occupiers, with 44.6% of homes owner-occupied and a demographic skew toward childless couples aged 50–59 years in professional and labourer roles. House prices have risen 16.5–16.7% annually to a median of $700,000–$712,000, while units gained 19.3% to $507,185. Houses sell in 16 days, with 54–64 sales recorded in the past year. Over five years, house values increased 103.7% and units 205.8%. Future growth is supported by scarce supply—only 16 listings and three rentals—and strong price momentum. Key risks include thin transaction volumes, a modest unit yield of 3.9%, and limited transparency on affordability and supply constraints.
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PropCred Estimated Value
Comparable Sales: 17 Sloman Street, Booval – 3-bed house sold $815,000; 29 Marian Street, Booval – sold $632,500 | Property Price Band: $600K–$700K | Value Drivers: ground-floor private yard, modern finishes, unit size relative to typical stock
Bedrooms
3
Bathroom
2
Parking
2
Land
115m²
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