47 Barradine Street Greenslopes QLD 4120

47 Barradine Street Greenslopes QLD 4120
4-bed house | 453sqm block | 1960 build | flood overlay present | owner-occupied street The propertyโ€™s competitive strength lies in its positioning on a 453sqm lot in a desirable Greenslopes pocket bordering Coorparoo, where 75% of street properties are owner-occupied, indicating stable neighbourhood demand. The 156sqm building area with 34% site coverage leaves meaningful rear yard space, offering future extension or renovation potential that few nearby listings provide. For a buyer seeking a solid 4-bedroom house in a catchment for Holland Park State School and Cavendish Road State High School, this property serves as a rare entry point into a tightly held street with low turnover. The flood overlay is the primary risk, requiring due diligence on insurance costs and any past inundation history, which may narrow the buyer pool at resale. The 2007 last sale date suggests limited recent price discovery, and the estimate range of $1.6m to $1.9m reflects valuation uncertainty. The 7-day market time and scheduled inspection indicate motivated selling, creating a negotiation window. The 5G and NBN Hybrid Fibre Coaxial coverage are supporting conveniences, not prime drivers. Hold this property for medium-term capital growth, leveraging the land component and location, or renovate to unlock equity within three to five years.

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

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Market Insight:

Greenslopes presents a market of distinct segments, with its established housing sector currently experiencing price adjustments while the unit market demonstrates stronger growth momentum. Demand is anchored by a stable professional demographic, supporting consistent rental yields, particularly for units which offer attractive returns. The suburb’s recent sales activity indicates a functional market, though the divergence in performance between property types suggests selective buyer focus. Future prospects hinge on this underlying demographic stability, with the primary constraint being the sensitivity of the premium housing segment to broader economic conditions.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

453mยฒ

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