22 Quarrian Cres, Beenleigh QLD 4207
22 Quarrian Cres, Beenleigh QLD 4207
22 Quarrian Crescent, Beenleigh | 3 bed, 2 bath, 627mยฒ | backs onto Doug Larson Park | renovated, with gated park access | strong rental yield, suburb growth 13.7%
The propertyโs competitive edge is its direct, gated access to Doug Larson Park, a rare positioning that effectively extends the usable outdoor space without the maintenance burden of a larger block. For a buyer seeking a family home with immediate recreational amenity, this is a structural advantage most comparable listings lack. The recent renovationsโparticularly the new main bathroom and second laundryโreduce immediate capital outlay and improve rental appeal, supporting the strong $665/week income estimate. The 180mยฒ layout with a rumpus room and covered entertaining area suits young families or downsizers wanting single-level living with separation of spaces. The 13.7% suburb growth and 3.5% rental yield signal healthy demand fundamentals, making this suitable for both owner-occupiers and investors targeting reliable cash flow in a growth corridor.
The flood overlay is the primary risk; buyers must verify insurance costs and recent flood history before committing, as this can materially affect holding costs and resale liquidity. The conflicting bathroom count (one versus two) requires physical verification to avoid valuation surprises. The 29% site coverage is efficient but limits future extension potential without planning approval. The double carport and extra parking for a boat or caravan add practical value for lifestyle buyers but do not command a premium in standard resale. Hold this property as a medium-term family home or rental; the park adjacency and renovations provide a defensible floor under value, while the growth corridor supports moderate capital appreciation over five years.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Beenleigh is a high-growth, affordable entry point into Greater Brisbane, driven by young couples and strong investor demand. House prices have surged over 140% in five years, with units exceeding 175%, supported by robust rental growth and low vacancy. Key demand drivers include significant population growth and a tight sales market, with houses selling in as few as 17 days. Future growth is underpinned by this momentum, though household incomes remain well below the regional average, presenting a key affordability constraint.