28 Marlene Street Murrumba Downs QLD 4503
28 Marlene Street Murrumba Downs QLD 4503
4 bed house on 601m² |School catchments 0.2-0.3km |Est value $1.07-1.12m |Rental yield $715pw | This four-bedroom house on a 601sqm block suits families prioritising school proximity and practical residential space. The 292m² building covers 49% of the lot, leaving room for outdoor use including a fully fenced yard and shed, which supports everyday family needs without excess maintenance. Sitting at 27m elevation with no flood or bushfire overlays, it avoids common risks that deter buyers in broader Moreton Bay areas. Its position steps from Murrumba State Secondary College and Undurba State School draws families upgrading within the local catchment, where such convenience underpins steady demand. Properties like this, last sold in 2017, align with four-bedroom houses that have tracked local median growth, offering reliable capital holding for owner-occupiers. The double garage with remote access and NBN fibre add functional appeal for remote workers or dual-income households typical in this street. At an estimated $1.07-1.12 million value, it positions competitively against similar lots, where 601m² provides redevelopment potential under residential zoning without pushing into premium territory. Long-term, the absence of heritage constraints and 5G coverage enhance its adaptability, making it a measured hold in a family-oriented pocket. Rental estimates around $715 weekly signal solid income security for investors eyeing low-vacancy school zones.
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Marlene Street Murrumba Downs QLD 4503
Market Insight:
Strong buyer demand is driven by family appeal, North Lakes amenities, Bruce Highway access and steady rentals attracting both investors and owner-occupiers. People are buying for accessible modern housing, improved transport links and limited new supply that keeps turnover brisk and price momentum intact. Risks include rising construction costs and broader SEQ interest-rate pressure, yet the suburbs tight stock and proximity to North Lakes/North Coast job corridors offer growth upside while prices remain on an upward bias, with houses and units both climbing in the low-to-high teens over the past six months.