26 Baillieston Street, Leichhardt QLD 4305
26 Baillieston Street, Leichhardt QLD 4305
3-bed detached house | 710 m² block | Mid-pack lot on Baillieston Street | Established family pocket near Ipswich services
This property sits comfortably within the standard Leichhardt housing profile: a three-bedroom, one-bathroom detached house on a 710 m² block, with two-car accommodation. That configuration is the backbone of this suburb—practical, low-maintenance, and consistently sought after by first-home buyers, young families, and investors alike. The land size is a genuine advantage here; it is large enough for outdoor living, future shedding, or a modest extension, yet not so big that upkeep becomes a burden. The street itself is transacting steadily, with similar houses changing hands regularly, which signals a liquid market and reasonable buyer confidence. This property is best suited to an owner-occupier wanting a solid entry point into an established suburb, or an investor seeking dependable rental demand from tenants who value proximity to Ipswich CBD, UniSQ, and Riverlink Shopping Centre.
The value picture may hinge on the condition and presentation of the house itself, as the surrounding stock varies widely—some properties have been updated, while others still carry older finishes that may require attention. A buyer should weigh the potential cost of renovations against the purchase price, particularly if the kitchen, bathroom, or flooring are dated. The 710 m² block offers flexibility, but any future development or subdivision would depend on council zoning and overlay checks, which are not confirmed for this specific parcel. Rental demand in the pocket appears steady, with similar houses achieving around $450–$495 per week, and investor interest is reinforced by a nearby tenanted property at $485 per week. The long-term growth pattern for this street is modest but positive, so patience rather than quick flipping is the realistic expectation.
|| Comparable Sales: 30 Baillieston Street sold for $600,000 in May 2025; 42 Baillieston Street sold for $450,500 in Nov 2022 | Property Price Band: $600,000–$700,000 | Value Drivers: Land size, condition of the dwelling, and proximity to Ipswich employment and retail corridors.
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Baillieston Street, Leichhardt QLD 4305
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Leichhardt, Queensland, is emerging as one of the state’s standout growth suburbs, with house prices up 18–19% annually to a $680,000–$700,000 median. Homes sell in 22–28 days, reflecting tight demand. Investor interest is driven by affordability relative to other Queensland markets and strong rental demand; the suburb’s young, renter-heavy profile underpins a 3.5% gross yield and $530 weekly rent, up 6% year-on-year. Sales volume ranged from 67 to 110 houses. Future growth rests on broader population inflows, though supply constraints and critically low vacancy rates across regional Queensland will keep pressure on prices. Rate sensitivity is a key risk given most owners hold mortgages, and rapid appreciation may test first-time buyer affordability.
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PropCred Estimated Value
Comparable Sales: 30 Baillieston Street sold for $600,000 in May 2025; 42 Baillieston Street sold for $450,500 in Nov 2022 | Property Price Band: $600,000–$700,000 | Value Drivers: Land size, condition of the dwelling, and proximity to Ipswich employment and retail corridors.
Bedrooms
3
Bathroom
1
Parking
2
Land
710m²
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