23 Bovelles Street Camp Hill QLD 4152

23 Bovelles Street Camp Hill QLD 4152
1940s house |506mΒ² elevated block |4 beds/3 baths |Auction Mar 29|This four-bedroom house on a 506sqm block suits established families valuing school proximity and renovation scope in a residential setting. Built in 1940, the property delivers solid living space across 185sqm with three bathrooms and garage parking, positioned on an elevated site free of flood or bushfire risks. Its 37% building coverage leaves room for practical expansion, appealing to buyers who prioritise land utilisation amid tightening supply. On this street of mostly owner-occupied homes, it aligns with larger family dwellings like the recent 506sqm sale at number 47, suggesting steady demand from locals upgrading or downsizing strategically. Properties of this vintage and scale in the area typically draw professionals with school-age children, drawn by catchments for Coorparoo State and Whites Hill College just minutes away. Market estimates place its value near $1.8-2m, with rental potential at $1,000 weekly supporting hold value for investors eyeing long-term capital growth. The auction timing taps into spring momentum, where similar renovated or rebuild-ready homes have performed reliably. Overall, its combination of usable land and low-risk location underpins enduring appeal, even as original structure invites modernisation to match neighbourhood trajectories.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Camp Hill demand is underpinned by its leafy inner-ring feel, strong schools, the Old Cleveland Road revitalisation and the planned Eastern Busway station, which keep families and professionals chasing renovated character homes near the city. Limited developable land and tight rental supply keep days on market low while annual house growth sits near 8.6% and units over 20%, so prices have kept tracking upward through the last six months. Affordability pressure is the chief risk, yet infrastructure lifts and continued appetite for high-quality rebuilds preserve the suburbΒ’s blue-chip status and growth runway.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

3

Land

506mΒ²

Assessments Delivered Today

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