21 Silvester Street North Lakes QLD 4509

21 Silvester Street North Lakes QLD 4509
750mยฒ| This four-bedroom house on a 750sqm block suits families prioritising space for living and backyard play within walking distance of North Lakes State College. The generous land size at 34% building coverage leaves ample room for outdoor activities or future enhancements, setting it apart from tighter lots nearby. Built in 2003, it aligns with established homes on Silvester Street, where similar properties draw buyers seeking proven construction over new builds. Families with school-aged children form the core market, attracted by the residential zoning and lack of flood or bushfire risks. In the local context, four-bedroom houses like this hold steady values, with estimates around $1.18m reflecting demand for mid-sized blocks in family-oriented pockets. Rental potential at $715 weekly underscores its appeal for investors eyeing long-term cash flow. Its position avoids overlays while offering NBN and 5G, enhancing everyday practicality. Over time, the lot’s scale supports holding value as North Lakes families expand, favouring land banks amid suburban growth. Street-level stability further bolsters its quiet, reliable positioning.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 21 Silvester Street North Lakes QLD 4509
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Market Insight:

Demand in North Lakes is underpinned by the expanding Westfield precinct with IKEA and Costco plus a growing business park and Mango Hill train link, so families and owner-occupiers value the schools, recreation and retail they can access. Buyers lock in the still-strong rental market while median houses hover near $950k and units around $720k, with short days-on-market confirming solid appetite. Risks include ongoing supply additions and rental yields a touch below greater Brisbane averages, yet employment and retail expansion keep growth runway open while recent months have seen prices hold firm with moderate upward momentum.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

750mยฒ

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