236 Dean Street, Berserker QLD 4701
236 Dean Street, Berserker QLD 4701
3-bed house on 1012mยฒ flat lot | lift & large sunroom | near three schools | no bushfire/flood overlays
This property presents a competitively strong offering due to its substantial, usable land parcel in a practical family location. The 1012mยฒ flat block provides rare sub-division potential or space for extensions, a significant advantage over standard suburban lots. Features like the lift and enclosed sunroom extend its functional appeal to multi-generational living or those planning long-term. It serves families and value-add investors best, given its position within walking distance to three schools and the secure, low-maintenance layout.
The primary decision rests on paying a premium for land size against older comparable stock. Recent sales confirm the market for three-bedroom homes here, but your offer must justify the $525,000-plus ask against recent, lower-priced sales. The 5.3% gross rental yield provides a solid income base if purchasing as an investment. Proceed with an offer that reflects the land value premium, as this property is a hold for capital growth or tailored owner-occupation.
Recent sales on Dean Street establish a clear price benchmark:
– 222 Dean St: $411,888 (3/1/1)
– 224 Dean St: $430,000 (3/1/1)
– 292 Dean St: $465,000 (3/1/4)
– 136 Dean St: $394,000 (2/1/2)
This subject propertyยs asking price is above these, demanding a premium justified by its larger lot, superior building size, and unique features like the lift.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 236 Dean Street, Berserker QLD 4701
Market Insight:
This suburb is positioned as a high-demand, affordable entry point, attracting a young professional demographic. Demand is driven by this cohort’s strong rental appetite, evidenced by a critically low vacancy rate and robust room rental demand. Recent price trends show exceptional capital growth, supported by rapid sales and a highly competitive market. Future growth is underpinned by sustained rental pressure and high market absorption, though price variability indicates a degree of market volatility as a key consideration.