27 Eleanor Street Carina QLD 4152

27 Eleanor Street Carina QLD 4152
Renovated 5-bed on 701sqm | No flood or bushfire overlay | 90% owner-occupied street | School catchment advantage | 506sqm internal area The property offers a rare configuration edge in Carina’s market: a 5-bedroom, 4-bathroom house on a full 701sqm lot, with the internal area expanded to 506sqm following a recent redevelopment. This size and bedroom count positions it above the local median for 5-bed houses ($2.019m), yet the estimated value of $1.468m suggests it may be competitively priced for the segment. The street is 90% owner-occupied, indicating stable long-term demand, and the absence of bushfire, flood, or heritage overlays removes common buyer concerns. The property is best suited to a family seeking a large, recently updated home in a catchment for Mayfield State School and Whites Hill State College, with reliable NBN and 5G coverage as supporting infrastructure. The key risk is that the value estimate is based on pre-listing data and may not reflect the current asking price or final sale outcome, especially given the property was only listed in late April. The 2025 sale price is not publicly available, so the buyer lacks a clear baseline for negotiation leverage. The rental estimate of $565/week is low relative to the property’s size, suggesting it is not an optimal investment hold for yield. However, for an owner-occupier, the combination of a large block, recent renovation, and strong street profile creates a long-term hold opportunity with potential for capital growth as the area’s median for 5-bed homes continues to rise.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Carina is a well-positioned, family-oriented suburb offering strong convenience to Brisbaneโ€™s CBD. Demand is driven by young professionals and families seeking a balanced lifestyle with quality schools and amenities. The market demonstrates robust capital growth across both houses and units, supported by competitive rental yields and high tenant demand from similar demographics. Future growth is anchored in its established appeal and transport links, though its popularity inherently places pressure on affordability and supply.
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PropCred Estimated Value

Bedrooms

2

Bathroom

-

Parking

-

Land

701mยฒ

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