4 Marlene Street Murrumba Downs QLD 4503

4 Marlene Street Murrumba Downs QLD 4503
3 bed house on 716mΒ² |Flood overlay noted |School catchments 0.5km |Est $1.0-1.1M range|This three-bedroom house on a 716mΒ² block suits families prioritizing school proximity in a residential setting. The generous land size at 716 square metres provides practical space for family living or potential backyard expansions, with building coverage around 34% leaving room for additions. Sitting at 29 metres elevation, it avoids some flood risks despite the overlay, offering a balanced position in its street amid similar family homes. Buyers drawn to this profile typically include growing families or downsizers seeking established lots without tight urban constraints. In the local market, three-bedroom houses on comparable mid-sized blocks have shown steady demand, often holding value through school zone appeal and NBN connectivity. Its long tenure since the 1992 sale underscores stability, appealing to holders eyeing gradual appreciation in a family-focused pocket. The double garage and 5G coverage add everyday utility that aligns with modern buyer expectations. Overall, this property positions well for buyers valuing land utility over new builds, with school catchments driving consistent interest. Flood awareness may temper some offers, yet the lot’s proportions support enduring appeal.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Strong buyer demand is driven by family appeal, North Lakes amenities, Bruce Highway access and steady rentals attracting both investors and owner-occupiers. People are buying for accessible modern housing, improved transport links and limited new supply that keeps turnover brisk and price momentum intact. Risks include rising construction costs and broader SEQ interest-rate pressure, yet the suburbΒ’s tight stock and proximity to North Lakes/North Coast job corridors offer growth upside while prices remain on an upward bias, with houses and units both climbing in the low-to-high teens over the past six months.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

716mΒ²

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