3 Currajon Street, Brendale QLD 4500
3 Currajon Street, Brendale QLD 4500
3 bed, 2 bath, 2 car | 610m² block, 27% coverage | Flood overlay flagged | Solar panels, strong rental demand
The property presents a competitive entry point for a buyer seeking a well-proportioned house on a substantial 610m² lot in a developed residential street. Its 27% building coverage leaves meaningful outdoor space, a rarity in newer subdivisions, and the solar panels reduce ongoing utility costs. The configuration of three bedrooms and two bathrooms aligns with what the local market consistently absorbs, evidenced by recent street sales near the high $900,000s. This house suits an owner-occupier wanting room to grow or an investor targeting the reliable rental bracket of $660 to $780 per week, underpinned by good NBN and 5G connectivity.
The flood overlay is the primary risk, demanding a buyer commission a detailed flood study and factor in higher insurance premiums. However, the 17m ground elevation and 7m roof height suggest the structure sits above typical inundation levels, mitigating worst-case scenarios. The absence of bushfire and heritage overlays simplifies due diligence. For an investor, the rental yield against the estimated value is solid, and the house’s position in the Eatons Hill State School catchment adds long-term demand resilience. Hold this property as a stable, low-maintenance holding; its land size and location provide optionality for future renovation or subdivision.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Currajon Street, Brendale QLD 4500
Checks found:
Value Risk
✓
Liquidity Risk
!
1
Planning Risk
✓
Income Risk
!
1
Execution Risk
✓
Brendale QLD 4500
Brendale is a high-growth suburb with a rapidly expanding population, attracting strong buyer demand. This demand is driven by its relative affordability and proximity to key infrastructure, resulting in properties transacting significantly faster than neighbouring areas. Recent price trends show exceptional capital growth across both houses and units, supported by rising rents and low stock levels. Future growth is underpinned by sustained population influx and rental yield strength, though the market exhibits sensitivity to broader economic conditions.