41A Central Avenue, Scarborough QLD 4020
41A Central Avenue, Scarborough QLD 4020
4-bed family house | 287m² build on 506m² lot | School catchment access | Active coastal suburb market
This property holds a genuine competitive edge in Scarborough’s detached-house market, where the combination of four bedrooms, two bathrooms, and two parking spaces on a mid-sized 506m² allotment targets the strongest family demand segment. The reported 287m² building area is substantially larger than many older cottages in the area, suggesting a dwelling that likely delivers generous living zones and modern comfort rather than a compact footprint. For a buyer seeking a move-in-ready family home with proximity to both government schooling and a Catholic college option, this configuration reduces the need for immediate renovation and positions the property well against older stock that requires work.
Value may be shaped by how the internal layout and finishes translate from the reported floor area, as a larger build does not automatically guarantee superior functionality. The 506m² block supports a substantial footprint, but site coverage and outdoor space should be weighed against the dwelling size — a consideration for families wanting a usable yard. Flood exposure is a known local factor in Scarborough, and while not confirmed for this parcel, it warrants due diligence given nearby records. Market timing also matters, as the suburb’s tight turnover suggests competition but also sensitivity to presentation and condition when forming a price view.
|| Comparable Sales: 21 Roma Street sold $1.18M; 44 Campbell Street sold $1.05M | Property Price Band: $1.2M–$1.3M | Value Drivers: large 287m² build, 4-bed family layout, school catchment access
Detailed Independent Property Report prepared by PropCred Analyst team for 41A Central Avenue, Scarborough QLD 4020
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Scarborough combines coastal amenity with a demographic anchor of 60-69 year-olds, while a 5.4% population increase and downsizer demand support both houses and units. House prices sit between $1.11 million and $1.2 million, with annual growth of 9.1-18%; units record $900,000-$985,000 medians and 13.2-33.3% growth. Sales velocity is solid: 157 houses and 100 units traded in the past year, and houses sell in 20-63 days depending on size. Gross yields are thin at 3.1-3.3% for houses and 3.7% for units, with median weekly rents of $650-$670 and $600-$620 respectively. High price points and modest yields make the market rate-sensitive, though the coastal lifestyle and steady turnover underpin near-term momentum.
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PropCred Estimated Value
Comparable Sales: 21 Roma Street sold $1.18M; 44 Campbell Street sold $1.05M | Property Price Band: $1.2M–$1.3M | Value Drivers: large 287m² build, 4-bed family layout, school catchment access
Bedrooms
4
Bathroom
2
Parking
2
Land
506m²
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