28 Blackbutt Street, Crestmead QLD 4132

28 Blackbutt Street, Crestmead QLD 4132
Highset 1975 house on 639mยฒ | 3 bed, 1 bath plus extra toilet | 9×7.5m powered shed with remote door | Crestmead school catchment | Off-market sale May 2026 The property’s structural advantage is the highset configuration with substantial underhouse space and a large powered shed, which is rare for this price point and gives a buyer immediate utility for storage, workshop, or potential conversion. The 639mยฒ block with only 31% building coverage leaves meaningful yard space and future extension potential without demolishing. The renovated upstairs bathroom and rear deck with insulated ceiling suggest recent livability upgrades that reduce immediate capital outlay. This house serves best a buyer who values functional outdoor space and workshop capacity over polished interiors, or an investor seeking above-average land-to-building ratio in a catchment with two government schools within 1.6km. The main risk is the bushfire overlay flagged by one source but not another, which may affect insurance premiums and future development approvals; a buyer should verify directly with Logan City Council before proceeding. Floor area estimates vary wildly from 87mยฒ to 201mยฒ, meaning the usable internal space could be smaller than expected, and the 1975 build likely needs electrical and plumbing checks. The opportunity is the off-market status and short listing window, which reduces competition if the seller is motivated. Hold this property as a long-term land bank in a growth corridor, or rent it for $615โ€“$620 per week to cover holding costs while the area matures.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 28 Blackbutt Street, Crestmead QLD 4132
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Market Insight:

Crestmead’s housing market is characterised by strong demand from families and investors, drawn by its relative affordability and proximity to key amenities. This has fuelled robust capital growth and a very active sales environment, with houses selling quickly. Future growth is underpinned by these enduring demand drivers, though the market exhibits a clear divergence, with the unit segment showing significant weakness and inactivity, presenting a notable risk of oversupply or weak demand in that sector.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

639mยฒ

Assessments Delivered Today

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