3/104 Queens Road, Everton Park QLD 4053
3/104 Queens Road, Everton Park QLD 4053
Tri-level townhouse | 2.02-acre lot | tandem garage | school catchment edge | private terrace off dining
The property’s primary buying case rests on its rare configuration: a tri-level townhouse on a substantial 2.02-acre lot provides spatial separation and privacy typically absent in standard townhouse stock. The tandem garage and separate laundry on the lower level reduce daily friction, while the mid-level living with a breakfast bar overlooking the terrace creates a functional flow for entertaining. High ceilings and timber-look flooring in common areas lift perceived quality without premium cost. This property best suits a buyer seeking a low-maintenance footprint with genuine separation of zones—families with school-aged children will value the catchment for McDowall State School and Everton Park State High School, and the position on Queens Road offers reasonable access to local amenities without being on a main traffic spine.
The key risk is the carpeted bedrooms across all levels, which may require replacement sooner than hard flooring, and the tandem garage reduces flexibility for two-car households needing independent access. The 2.02-acre lot is shared across the townhouse complex, so the buyer holds no exclusive outdoor land—this limits future capital uplift from subdivision or extension. The open-plan upper level, while spacious, may create noise transfer between bedrooms and living areas. The opportunity lies in the property’s positioning within a precinct of multiple residential properties, suggesting stable demand from owner-occupiers rather than investors. Hold this property as a long-term family home, leveraging the school catchment and low-maintenance design, and avoid overcapitalising on cosmetic upgrades.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/104 Queens Road, Everton Park QLD 4053
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Everton Park is a high-demand, family-oriented suburb driven by professionals and investors, evidenced by its 16.7% annual house price growth and median household income of $2,000 weekly. The market is intensely competitive with houses selling in a median of 14 days, fueled by strong capital growth and robust rental demand. Future growth is supported by quality school catchments and transport links, though key risks include strained affordability with a $1.26m median house price and tight supply, with only 107 new listings last year.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
2.02 acres
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