24 Girralong Street, Eagleby QLD 4207
24 Girralong Street, Eagleby QLD 4207
4-bed detached house | 414m² block | refreshed throughout | strong family rental demand | above Eagleby’s typical stock
This house holds a clear competitive edge in Eagleby because it steps above the suburb’s common 3-bedroom, 1-bathroom configuration. Four bedrooms, two bathrooms, and parking for three vehicles make it a practical fit for families or investors chasing higher-yielding rentals. The refreshed presentation—updated kitchen, renovated bathrooms, new flooring and carpet—removes immediate maintenance concerns, so a buyer steps into a move-in-ready home rather than a renovation project. Its 414m² block offers manageable outdoor space with a fully fenced yard, appealing to those wanting room without heavy upkeep. This property best serves owner-occupiers seeking turnkey family housing or investors targeting the upper end of Eagleby’s rental market, where detached houses with this bedroom count are less common.
The property’s value may be shaped by a few factors worth weighing. Its 1990 build means older infrastructure, though the refresh softens that concern. The lack of a confirmed aspect or premium site feature could limit differentiation from similar houses. Flood risk exists in parts of Eagleby, so a buyer should verify this specific lot’s status. The advertised rental appraisal of $600–$650 per week sits well above suburb-wide medians, suggesting strong income potential if that figure holds. Price expectations should also reflect that direct comparable sales for this exact configuration are limited, so negotiation room may exist depending on seller motivation and market timing.
|| Comparable Sales: 3-bed townhouse sold near $650,000; 3-bed unit sold in 2023 at lower price point | Property Price Band: $800,000–$900,000 | Value Drivers: 4-bed layout, refreshed condition, 414m² land size
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Girralong Street, Eagleby QLD 4207
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Eagleby sits in Logan City, a lower-cost alternative to Brisbane with motorway and rail access via Beenleigh station. Demand comes from families, first-home buyers, and investors chasing yields near 4.4% for houses and 5% for units. House prices have risen 10.7–13.3% annually to roughly $713k–$753k, while units grew 13–21% to $555k–$611k; homes sell in 14 days, indicating tight competition. Future growth is supported by infrastructure links and steady rental demand, but affordability is stretched at current price points, and rising rates pose a sensitivity risk. Supply remains orderly at about 208 house sales per year.
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PropCred Estimated Value
Comparable Sales: 3-bed townhouse sold near $650,000; 3-bed unit sold in 2023 at lower price point | Property Price Band: $800,000–$900,000 | Value Drivers: 4-bed layout, refreshed condition, 414m² land size
Bedrooms
4
Bathroom
2
Parking
2
Land
814m²
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