37 Hannam Street, Wynnum QLD 4178
37 Hannam Street, Wynnum QLD 4178
607m² full block | north-rear aspect with elevated yard | pool, deck and oversized garage | strong school catchments | circa-1960 renovation scope
The property is positioned on a full 607m² block in Wynnum, with a north-rear aspect by which living areas and backyard are given good light and openness. The circa-1960 house is large for the area, and it is made highly liveable for its age by a pool, rear deck, oversized garage, and functional downstairs room. Original timber floors, generous storage, and a refreshed bathroom are combined to reduce immediate work, while no flood, bushfire, or heritage overlays are detected, supporting straightforward occupation and future change. It is best suited to a family or owner-occupier wanting a bayside property with yard space, flexibility, renovation scope.
The final value may be influenced by the condition of the kitchen, bathroom, and lower-level room, and by how much renovation work remains. The pool’s upkeep and the state of the original timber floors are likely to be weighed carefully, while age may mean some systems need attention. Price may be shaped by whether the home is seen as move-in ready or a project.
Detailed Independent Property Report prepared by PropCred Analyst team for 37 Hannam Street, Wynnum QLD 4178
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Wynnum is a bayside Brisbane suburb drawing families, professionals and retirees seeking a relaxed coastal setting close to the city. Demand is driven by price growth and steady rental demand, with house prices reported between $1.3 million and $1.37 million and annual growth from flat to 5.6%. Unit price estimates range more widely from $772,000 to $1.2 million, with growth reported between 7.5% and 15.9%. Houses sell in a median 22 days across roughly 200 sales a year, indicating firm turnover. Rental yields are low at 2.7–3.1% for houses and 2.8–3.9% for units, with median weekly rents of $700–$720 and $570–$630 respectively. Future growth is supported by the suburb’s coastal amenity and Brisbane proximity.
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PropCred Estimated Value
Comparable Sales: 36 Hannam Street transacted near $1.10M; 52 Hannam Street sold for $1.10M | Property Price Band: $1.1M–$1.2M | Value Drivers: condition of kitchen and lower level, pool and yard presentation, north-rear aspect and garage
Bedrooms
3
Bathroom
1
Parking
2
Land
616m²
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