38 Highlands Street, Albion QLD 4010
38 Highlands Street, Albion QLD 4010
1925 character house | 5 bed, 3 bath, 2 car on 417m² | Pool, deck, city outlook claimed | Family-scale inner-north rarity | Ascot State School catchment
This is an uncommon configuration for Albion, where much of the current supply leans toward apartments and townhouses. A detached five-bedroom house from the interwar era, upgraded with modern amenity, holds a clear edge for buyers wanting inner-north access without compromising on space or lifestyle features. The combination of pool, deck, open fireplace, floorboards, and solar within a 1925 shell signals a property that has been adapted for contemporary family living rather than left as original stock. It serves best a buyer seeking a substantial family home close to the city, with strong school catchments and a setting that likely offers elevated outlooks. The land size and room count place it above the typical detached offering in the suburb.
The absence of detected bushfire, flood, or heritage overlays in the available record may reduce planning uncertainty, which is notable for an inner-area property. The 417m² lot with residential zoning might appeal to those considering future redevelopment, though the existing house’s character and upgrades suggest it would be retained by most buyers. The claimed city views are a listing assertion rather than surveyed fact, so their actual quality warrants verification on inspection. Condition of the renovation, pool maintenance, and the practical layout of five bedrooms will influence how the property compares against other character homes in the area. Buyers should weigh the balance between original charm and modern systems when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 38 Highlands Street, Albion QLD 4010
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Albion sits as a tightly held inner-Brisbane pocket, with just 44 house sales recorded recently and houses averaging 19 days on market. Demand is led by childless professional couples and, increasingly, first-home buyers and investors targeting units, which are more accessible after house prices rose. The median house price is $1.075 million, down about 13% annually, while units have jumped 32.25% to $800,100. Rental yields favour units at 4.43% versus 3.60% for houses; both rent at $650 weekly. Infrastructure spending, Olympic preparations and broader Brisbane population growth support the long-term outlook. The key constraint is affordability: Brisbane’s median house value of $1.15 million and limited supply keep the market sensitive to further price declines.
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PropCred Estimated Value
Comparable Sales: 3/38 Stoneleigh Street townhouse sold July 2025, 3 bed 2 bath on 182m², price undisclosed in available data | Property Price Band: $1.4M–$1.5M | Value Drivers: Land size, five-bedroom layout, pool and lifestyle upgrades, school catchment, city outlook potential.
Bedrooms
5
Bathroom
3
Parking
2
Land
417m²
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