22 Mitze Street, Bray Park QLD 4500

22 Mitze Street, Bray Park QLD 4500
3 bed 1 bath 2 car | established family pocket | close to schools and train | renovated stock nearby | condition drives value This property is positioned as a detached family house on a mid-sized lot within an established Bray Park pocket. The three bedroom, one bathroom, two car configuration is commonly sought by families and investors. Its competitive strength is found in the surrounding infrastructure, which includes state school catchments, a train station, local shopping, and sports grounds. The street is comprised of older homes that have been updated over time, so a well-presented house would fit the local character. This property is best suited to a family buyer needing practical space near schools and transport, or an investor seeking consistent tenant interest. A clear preference for renovated presentation is evident in the area, which may influence the level of buyer competition. Value may be affected by the extent of refurbishment, with updated kitchens and bathrooms likely to justify a higher price. Land size, if larger than typical, could add a premium, while a smaller allotment might limit upside. The house’s internal layout, including any split-level form, may appeal to certain buyers or reduce accessibility for others. Secondary dwelling potential under current zoning could add flexibility, though this requires confirmation. Overall, condition and street presentation are expected to be the primary price drivers.
Detailed Independent Property Report prepared  by PropCred Analyst team for 22 Mitze Street, Bray Park QLD 4500
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk
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Market Insight

Bray Park, in Moreton Bay, offers detached housing stock drawing families, first-home buyers, and trades professionals. Houses sell in a median nine days, with annual growth of 11.46% to 12.5% from recent sources, though one estimate shows -2.22%, underscoring volatility. Median house values sit near $875,000–$900,000. Rental demand is supported by 174 house listings and a gross yield around 3.95–4.48%, with median rents at $640–$650 weekly. Proximity to the Bruce Highway and bus links to Brisbane underpin accessibility, while state and independent schools anchor family demand. The main constraints are high mortgage ownership (61%), which heightens rate sensitivity, and minimal unit supply.
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PropCred Estimated Value

Comparable Sales: 51 Mitze Street sold at $975,000 | Property Price Band: $900K–$1M | Value Drivers: condition, land size, presentation

Bedrooms

3

Bathroom

1

Parking

2

Land

710m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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