4 Birralee Street, Collinsville QLD 4804

Collinsville family home | 688m² with 9x6m shed | modern kitchen & solar | strong rental yield 7.6% | school proximity edge The property’s competitive strength lies in its unusual combination of a fully renovated interior with a large powered shed and solar system on a fully fenced 688m² block, making it rare for the price point. This configuration serves families needing space and low utility costs, or investors targeting Collinsville’s strong 7.6% rental yield. The modern kitchen and bathroom, along with split-system air conditioning throughout, remove the need for immediate capital expenditure, strengthening a buyer’s negotiating position against older stock. Proximity to two primary schools within walking distance adds tenant and resale appeal. The primary risk is the listing price sitting significantly above estimated market value, which suggests the seller has priced in the upgrades rather than the suburb’s median. This creates a negotiation gap that a buyer should exploit,recent sales data and the suburb’s 38% growth do not justify the premium without a price adjustment. The property’s owner-occupied street profile and lack of flood or bushfire overlays reduce downside risk. Hold for rental income or family use, but only proceed if the price moves closer to the $300,000 range.