2-4 Kangaroo Close, Greenbank QLD 4124
2-4 Kangaroo Close, Greenbank QLD 4124
4,000 m² acreage block | Bushfire overlay noted | Established low-density street | Family/lifestyle buyer focus | Above suburb median
This property sits in the quieter acreage pocket of Greenbank, where large land holdings are the defining feature rather than the exception. At roughly 4,000 m², the block offers a rare sense of space and privacy compared to the newer, compact house-and-land estates further into the suburb. The dwelling footprint is substantial, suggesting a home built for family living, with room for outdoor activities, future extensions, or simply enjoying the green outlook. It suits buyers who prioritise land, tranquillity, and a semi-rural feel over proximity to shops or public transport, and who are prepared to trade convenience for a more self-contained lifestyle.
The bushfire overlay is the most material factor to weigh here, as it may influence insurance premiums and future development flexibility. The property’s value is likely driven by land size and the scale of the home, but the lack of confirmed details on internal condition, renovation level, or additional structures like sheds or pools means the final price could vary meaningfully depending on what is actually on the ground. Buyers should also consider that the acreage market in this area tends to reward properties with well-maintained improvements, so a thorough inspection is essential before forming a firm view.
|| Comparable Sales: 25 Kangaroo Close sold for $1.315M; 194-200 Honeyeater Drive sold for $1.09M | Property Price Band: $1.2M–$1.3M | Value Drivers: Land size, dwelling scale, bushfire overlay impact
Detailed Independent Property Report prepared by PropCred Analyst team for 2-4 Kangaroo Close, Greenbank QLD 4124
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Greenbank, part of a contemporary master-planned community adjoining Springfield Lakes, is family-oriented. Couples with children are the dominant household type, with trades workers well represented and a majority of residents purchasing; owner-occupied homes are the norm. Median house prices range from $950,000 to $1.01 million, growing 9–10.9% annually. Houses sell quickly, with median days on market as low as 24. Rents for houses rose 9.7%, with gross yields of 3.7% (houses) and 4.45% (units), though unit sales data is thin. Future supply from developments like Everleigh adds inventory, while rising supply and monthly repayments of $1,800–$2,399 are constraints.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 25 Kangaroo Close sold for $1.315M; 194-200 Honeyeater Drive sold for $1.09M | Property Price Band: $1.2M–$1.3M | Value Drivers: Land size, dwelling scale, bushfire overlay impact
Bedrooms
5
Bathroom
2
Parking
4
Land
1.01 acres
URL has been copied successfully!