5 Basalt Road, Greenbank QLD 4124

4 bed 2 bath 2 car | 400m² lot in Everleigh estate | recently built without the wait | leased March 2026 showing rental demand | compact block suits entry-level families This property is competitively positioned as a modern, low-maintenance family house within a masterplanned estate that offers parks, schools, and retail within walking distance. Its recently constructed build and 4-bedroom, 2-bathroom configuration on a manageable 400m² lot serve first-home buyers, young families, and investors seeking a turnkey home with strong rental appeal. The open-plan living, master ensuite, and double garage are standard for this segment, but the location’s proximity to Everleigh State School and commuter routes to the Mount Lindesay Highway gives it a practical edge over older or larger-lot Greenbank stock that lacks estate amenities. The value may be most affected by the compact land size, which limits outdoor space and future subdivision potential compared to larger Greenbank acreage properties. The May 2024 sale price of $375,000 appears inconsistent with current market signals and may reflect a land-only or off-market transaction, so a buyer should verify the property’s actual purchase history and any recent improvements. Rental yield around 3.4% to 3.5% is moderate for the area, and the March 2026 lease record confirms demand, but the absence of detailed finish quality and exact school catchment data means a buyer should inspect the house and confirm local schooling directly before forming a firm price view.