283-291 Stoney Camp Road, Greenbank QLD 4124
283-291 Stoney Camp Road, Greenbank QLD 4124
3-bedroom acreage in Greenbank | 2.47 acres, rural-residential | 87% owner-occupied suburb, 71% long-term street | School catchment within 3.6 km | Listed one day, no recent sales history
This property’s primary buying case is its land size and location within a stable, owner-occupied suburb where 87% of residents own their homes and 71% of the street are long-term occupants. The 2.47-acre lot is rare for a standard house listing in Greenbank, offering immediate space and privacy that is difficult to replicate in newer subdivisions. With three bedrooms and two bathrooms, the house is functional for a family seeking acreage living without the premium of a larger estate. The property serves best a buyer who values land holding over interior finish, particularly those looking to secure a rural-residential footprint near Logan and Brisbane’s southern growth corridor. The school catchment, including Greenbank State School and Park Ridge State High School within 3.6 km, adds practical appeal for families.
The key risk is the absence of recent sales history—last sold in 2003—and no available floor plans or interior photos, meaning the house’s condition is unknown and may require significant capital expenditure. The 0% clearance rate in Greenbank and only 25 properties sold this year signal a slow market, reducing exit liquidity. The opportunity lies in the land’s potential for future subdivision or holding as a lifestyle block in a tightening acreage market. This property should be held for medium-term capital growth tied to land value, not immediate resale.
Detailed Independent Property Report prepared by PropCred Analyst team for 283-291 Stoney Camp Road, Greenbank QLD 4124
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Greenbank is a high-growth, family-oriented suburb within a master-planned community, with strong demand from owner-occupier couples with children. This demographic is driving a robust market, evidenced by houses selling in approximately 24-56 days and annual price growth consistently around 10%. Future expansion is supported by new residential developments, though this also increases supply. Key considerations include the market’s sensitivity to mortgage repayments and a distinct lack of established unit stock.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
-
Land
2.47 acres
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