3 Brendan Place, Goodna QLD 4300
3 Brendan Place, Goodna QLD 4300
4 beds, 2 baths, 551m² | Solar, no overlays, strong school catchment | 53% site coverage, family-oriented street
This property presents a rare combination of high land coverage and zero risk overlays, making it a competitively positioned family home in Goodna. The 53% building footprint on a 551m² lot signals a substantial dwelling with generous internal space, while the absence of bushfire, flood, or heritage constraints removes common discounting factors for buyers. Its location within catchment for both Goodna State School and Bellbird Park State Secondary College, paired with a street profile of 85% owner-occupiers, indicates stable neighbourhood demand and low turnover risk. The solar installation further reduces holding costs, making it particularly suited to owner-occupiers seeking long-term family accommodation with minimal environmental or regulatory exposure.
The primary risk is the lack of recent sales history for the property itself, which limits direct price anchoring, though comparable sales at 3 Dove Close ($908k) and 3 Noble Place ($1.117m) bracket the value within a reasonable range. The off-market status and zero auction clearance in the suburb suggest a slower transaction environment, which may favour a patient buyer negotiating below the upper estimate. Opportunity lies in the 2–4 car spaces and high roof height (6m), which could appeal to tradespeople or those requiring workshop or storage capacity—a niche that may reduce competition from standard family buyers. The property’s positioning as a high-coverage, low-overlay house in a school-catchment area gives it a defensible value proposition in a market where comparable stock is scarce.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Brendan Place, Goodna QLD 4300
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Goodna is experiencing a high-growth phase, with median house prices rising approximately 20% annually and units surging over 40%, indicating strong investor and first-home buyer interest. Demand is driven by robust sales activity—188 houses sold in a year—and a tight rental market where rents are rising sharply. Properties move quickly, with houses averaging just 15 days on market. Future growth is underpinned by this strong transactional momentum, though the market’s rapid price escalation suggests potential sensitivity to affordability constraints and interest rate changes.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
551m²
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