22 Spinos Street, Redlynch QLD 4870
22 Spinos Street, Redlynch QLD 4870
3 bed | 2 bath | 2 car | 550m² block | 2002 build | fully fenced | family house in established Redlynch
This is a solid family house on a usable block in a well established part of Redlynch. The 2002 build means it is old enough to have settled landscaping and established street appeal but recent enough to avoid the smaller floorplans and tighter layouts of older 1980s stock. The three bedroom two bathroom configuration with two car spaces is the kind of layout that appeals most directly to owner occupier families and also to investors targeting the mainstream rental market. The fully fenced block adds genuine practical value for families with children or pets and the lot size around 550 square metres is comfortable without being oversized or hard to maintain. This property sits in the middle of what most buyers in Redlynch are looking for and that broad appeal is itself a strength.
What may affect value here is the absence of any premium feature that would push the property above its peer group. There is no evidence of a standout aspect, a high end finish schedule, or a rare land holding that would justify a price premium. The house is a conventional suburban product and its value will be driven primarily by how it compares to other similar family houses in the immediate area. The 2013 sale price of 361 thousand dollars is too old to be directly useful but it does confirm the property has been held long enough that the current owner may have flexibility on price. A buyer should weigh whether the house needs updating or if the finishes are still current because that will determine how much additional capital is required after purchase. The lack of flood zone designation is a genuine positive for both insurance costs and resale confidence.
Detailed Independent Property Report prepared by PropCred Analyst team for 22 Spinos Street, Redlynch QLD 4870
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Redlynch is positioned as a lifestyle suburb with strong transport links, attracting families and professionals seeking three-bedroom homes. Demand is driven by investors drawn to solid rental yields and a shift towards regional living. The housing market is characterised by rapid sales and robust annual price growth, supported by infrastructure upgrades. Future growth is underpinned by major projects, though these same developments may pressure housing availability, presenting a key supply constraint.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
549m²
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