49 Hannam Street, Wynnum QLD 4178
49 Hannam Street, Wynnum QLD 4178
3 bed 2 bath on 607m² | Wynnum State School catchment | 3/2/1 layout rare in pocket | large usable block | family appeal
Within this part of Wynnum, a three-bedroom, two-bathroom configuration on a 607m² block is offered less often than the older three-and-one stock, and the extra bathroom is likely to be appreciated by families who want a workable layout without a full renovation. The land size is seen as the standout feature; room for a shed, pool, or future extension can be found while still leaving a manageable yard. School-catchment position is given genuine appeal, particularly for households with primary-aged children. This house is best matched to family buyers who value a generous block and a sensible floor plan, and who are comfortable updating internal finishes over time rather than paying for a turnkey contemporary finish.
Value may be shaped by internal condition, lower-level space, and the potential to extend or reconfigure on the 607m² block, which should be verified against zoning rules. The house’s age might bring maintenance costs, so the rarity of the 3/2/1 layout should be weighed against likely updates. Understanding how much of the price is for land versus the house matters.
>> Comparable Sales: 52 Hannam Street sold $1.10M, 36 Hannam Street sold $1.65M | Property Price Band: $1.5M to $1.6M | Value Drivers: land size, 3/2/1 layout, school catchment
Detailed Independent Property Report prepared by PropCred Analyst team for 49 Hannam Street, Wynnum QLD 4178
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Wynnum is a bayside Brisbane suburb drawing families, professionals and retirees seeking a relaxed coastal setting close to the city. Demand is driven by price growth and steady rental demand, with house prices reported between $1.3 million and $1.37 million and annual growth from flat to 5.6%. Unit price estimates range more widely from $772,000 to $1.2 million, with growth reported between 7.5% and 15.9%. Houses sell in a median 22 days across roughly 200 sales a year, indicating firm turnover. Rental yields are low at 2.7–3.1% for houses and 2.8–3.9% for units, with median weekly rents of $700–$720 and $570–$630 respectively. Future growth is supported by the suburb’s coastal amenity and Brisbane proximity.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
607m²
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