34 South Street, Burpengary East QLD 4505
34 South Street, Burpengary East QLD 4505
4/2/2 lowset house | modern estate setting | family-oriented demand | compact 376m² lot | turnkey inclusions
A clean, low-maintenance configuration is presented by this house, typical of newer estate product in Burpengary East. A 4-bedroom, 2-bathroom layout with double garage is offered, suiting families who need practical, modern housing without extensive grounds to maintain. Turnkey inclusions are provided, such as split-system air conditioning, stone benchtops, stainless appliances, and security screens, making the property move-in ready and appealing to first-home buyers and young families. As a lowset dwelling on a modest lot, it is placed within the suburb’s prevailing character of owner-occupied, estate-led housing, with a quieter streetscape. The best fit is the family or first-time purchaser who values modern convenience over space or prestige.
A compact allotment may be seen as a constraint, limiting expansion potential and outdoor privacy. Environmental overlays for bushfire and flood may be applied, with additional insurance or building precautions possibly being required. Conversely, the modern build and estate positioning may be expected to command a premium over older stock, particularly if ongoing neighbourhood development proceeds. Future appreciation is likely to be tied to amenity growth rather than land banking, given the modest site.
>> Comparable Sales: 34 Perry Crescent (4/2/2, 376m²) sold at $905,000; a new 4/2/2 estate house sold at $875,000 | Property Price Band: $850K–$950K | Value Drivers: turnkey condition, modern layout, compact land
Detailed Independent Property Report prepared by PropCred Analyst team for 34 South Street, Burpengary East QLD 4505
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
2
URL has been copied successfully!
Market Insight
Burpengary East, in Moreton Bay near the Bruce Highway, attracts trade-qualified couples with children; 44% of households are couples with children, 31% of residents are over 55, and 77.9% owner-occupation indicates stability. House prices range $920,000–$980,000, with annual growth of 11.4–16.5%; units average $595,000 with 14.4% growth. Houses sell in 27–46 days, supported by 148–210 annual sales. Future demand is underpinned by population growth of 50.1% from 2016–2021 and parks covering 4.2% of the area. However, tight supply-23 rentals and 16 listings last month-and a slower 87-day sell-period temper near-term momentum, while limited unit turnover constrains diversification.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
1
Land
326m²
URL has been copied successfully!