25 Spearmint Street, Griffin QLD 4503

25 Spearmint Street, Griffin QLD 4503
2-bedroom house on 434mยฒ | 39% building coverage | strong rental yield | no flood or bushfire risk This property is positioned as a rare entry-level house in a market where most stock is either larger family homes or townhouses. The 39% building coverage leaves genuine outdoor space, and the fully fenced yard with shed and entertainment area gives it a functional advantage over newer, denser developments. The rental estimate of $635 per week against a $900k price suggests a gross yield near 3.7%, which is strong for a house in this corridor. It best suits a buyer wanting a low-maintenance, single-level home with immediate rental income potential or a first home occupier seeking separation from attached housing. The main risk is the 2013 purchase price of $204k, which means the current owner holds significant equity and may be less motivated to negotiate. The property sits in a standard residential zone with no overlay risks, so the downside is limited to broader market softening rather than site-specific defects. The opportunity lies in the 2-bedroom configuration โ€” many buyers overlook this size, so competition is lower, and the NBN FTTP and 5G coverage support remote workers who value a dedicated home office layout. The school catchment for Griffin State and Murrumba Secondary adds long-term resale depth.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 25 Spearmint Street, Griffin QLD 4503
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Market Insight:

Griffin is a high-growth family suburb, with house prices surging approximately 12-14% annually to a median near $925,000. Demand is driven by young professional families, evidenced by the dominant 30-39 age cohort and over half of households being couples with children. The market is exceptionally tight, with houses selling in just 12 days on average. Future growth is underpinned by strong population expansion, though high rental occupancy and limited unit sales data present potential supply and affordability constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

2

Land

434mยฒ

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