5/17 Noble Street, Clayfield QLD 4011
5/17 Noble Street, Clayfield QLD 4011
4 bed, 3 bath, 2 car townhouse-style residence | 313 m² lot with 224 m² of living space | In-ground pool and ducted climate control | Strong school catchment and transport links
This property offers a rare combination of substantial internal space and low-maintenance living on a compact lot. The 224 m² of building area across four bedrooms, three living zones, and three bathrooms places it well above typical unit stock in the area, while the in-ground pool and outdoor entertainment area give it a resort-like feel that is uncommon for infill developments. The finishes—floorboards, built-in robes, dishwasher, and secure parking—suggest a modern build or comprehensive renovation, which will appeal strongly to families seeking school-catchment access without the upkeep of a traditional large yard. It sits comfortably between a detached house and a standard townhouse, offering the best of both for buyers who want space, privacy, and convenience.
The smaller 313 m² lot may limit future extension options compared with older detached homes on larger blocks, and the attached or semi-attached form could reduce site exclusivity. The current asking rent of $2,500 per week appears ambitious relative to comparable stock, which may signal either a premium positioning or an overpriced entry point. Buyers should weigh the high site coverage ratio against the benefit of a turnkey property with no immediate renovation costs, and consider whether the pool and modern finishes justify the price premium over older homes in the street.
|| Comparable Sales: Similar modern townhouses on Noble Street have transacted around $1.1M–$1.2M | Property Price Band: $1.2M–$1.3M | Value Drivers: Pool and outdoor living, 224 m² internal area, school catchment and transport proximity
Detailed Independent Property Report prepared by PropCred Analyst team for 5/17 Noble Street, Clayfield QLD 4011
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✕
2
Execution Risk
!
1
Market Insight
Clayfield, 7km north of Brisbane’s CBD, is a tightly held market where professionals and families compete for limited stock. House prices have corrected, with medians from $1.66m to $1.98m and annual growth between -0.55% and -5.9%. Units outperform, showing growth of 10.6% to 20.9% and gross yields up to 4-5.2%, reflecting sustained renter demand. Sales turnover is thin—under 120 house sales per year—reinforcing supply constraints. Demand is anchored by proximity to the CBD, school catchments, and infrastructure spending tied to the 2032 Olympics. The principal risk is further house-price softening if the current adjustment persists, though limited stock and Brisbane’s economic fundamentals provide a floor.
PropCred Estimated Value
Comparable Sales: Similar modern townhouses on Noble Street have transacted around $1.1M–$1.2M | Property Price Band: $1.2M–$1.3M | Value Drivers: Pool and outdoor living, 224 m² internal area, school catchment and transport proximity
Bedrooms
2
Bathroom
1
Parking
1
Land
126m²
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