24 Brentford Road Richlands QLD 4077
24 Brentford Road Richlands QLD 4077
3 bed house on 1151m² lot |Built 1965 |Est value $1.2m |6 car spaces|Generous land supports expansion. This three-bedroom house on a 1151sqm block suits families or investors eyeing practical space in a school catchment area. The oversized lot at over 1100sqm sets it apart on its street, where smaller blocks dominate, offering room for additions like a pool or granny flat amid the 34% building coverage. Built in 1965, it delivers established bones with features like a rumpus room, workshop and shed, appealing to hands-on buyers who value functionality over new builds. Six car spaces including garage and open parking cater to multi-vehicle households, a rarity that boosts its draw in this family-oriented pocket. Properties like this on large lots in the local market hold steady value, with estimates around $1.2 million reflecting land scarcity despite the age. Last sold for $390,000 in 2007, it has tracked land appreciation well, positioning it for long-term holding as Richlands sees steady demand from downsizers and first-home renovators. Bushfire overlay noted but no flood risk enhances insurability, while NBN and 5G coverage keep it competitive. Similar homes perform reliably in sales, attracting buyers prioritising land banks over modern finishes in this growth corridor.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Brentford Road Richlands QLD 4077
Market Insight:
Richlands is attracting buyers because it still offers better value than inner Brisbane, delivers strong rental yields for townhouses and units, and benefits from improving connectivity as the region readies for 2032 infrastructure investment. Owner-occupiers and investors are chasing compact, family-friendly layouts near schools and transport hubs while a healthy mix of townhouses and newer units meets demand for modest entry prices. Prices have lifted steadily over the last six months, building on house gains of around 8% and unit gains approaching 20% year-on-year, but buyers should watch tighter borrowing conditions and any surge in new stock, so focus on assets with clear locational advantages.