38 Tranquillity Circle, Brassall QLD 4305
38 Tranquillity Circle, Brassall QLD 4305
Master suite with walk-in robe and ensuite | Open-plan living to covered patio | 604mยฒ lot in owner-occupied street | Listed above suburb median | School catchment for families
The propertyโs competitive advantage lies in its floor plan configuration, where the expansive master suite with ensuite and walk-in robe, combined with three additional built-in-robed bedrooms, creates a layout that appeals directly to families seeking separation of spaces. The open-plan kitchen, family, and dining area flowing to a covered entertainment patio extends the living footprint onto a 604mยฒ lot in a street with 75% owner-occupancy, which typically signals stable demand and lower turnover risk. This house is best suited for a buyer who values a turnkey family home in a catchment for Brassall State School and Ipswich State High School, where the suburbโs median price of $830k provides a reference point for negotiating against the listing.
The primary risk is the listing price exceeding the estimated value range of $740k-$980k, which may require the buyer to absorb a premium or negotiate harder in a market with 0% auction clearance. The 2008 last sale and absence of rental history limit transparency on holding costs, but the neutral tones, quality tiling, and ceiling finishes suggest minimal immediate renovation needs. An opportunity exists to benchmark against the nearby 60 Tranquillity Circle listing for leverage. Hold this property as a long-term family residence to benefit from Brassallโs demographic skew toward younger households and stable owner-occupier street character.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Brassall is an established, family-oriented suburb with strong recent capital growth in its housing market, driven by high demand from local owner-occupiers and investors. The demographic profile indicates a significant presence of young families, supported by key employment sectors. This demand has resulted in a competitive sales environment with houses transacting quickly. Future growth is underpinned by sustained buyer activity, though investor yields currently lag behind broader state averages, and the unit market presents a divergent performance profile from houses.