58 Junction Terrace, Annerley QLD 4103
58 Junction Terrace, Annerley QLD 4103
4 bed 3 bath 3 car | 810m² inner-city block | redevelopment optionality | character housing pocket | strong family demand
A rare combination of generous land area and established inner-city positioning is presented by this detached house. The 810 square metre site is substantially larger than typical detached stock in this locality, providing immediate outdoor space and future flexibility. The four-bedroom, three-bathroom layout is suited to a range of household types, from growing families to those seeking separate spaces for work or guests. A practical advantage, the three-car accommodation is valued in a built-up area. Within a stable residential pocket that retains character housing and mature gardens, the property is situated. The land holding offers optionality that is increasingly scarce in inner suburbs, most suited to an owner-occupier seeking a long-term family home with scope to renovate, extend, or redevelop, subject to council approvals.
The value of this property may be influenced by the condition and age of the dwelling, which might be required to be invested in immediately if renovation is planned. The potential for subdivision or redevelopment is dependent on zoning and council approvals, and that potential may be assessed by prospective buyers. Competitive offers could be supported by market demand for large inner-city land parcels, though the final price might be affected by the balance between land value and the cost of improvement. Design options may be affected by orientation and tree cover, which is worth consideration during due diligence.
>> Comparable Sales: 48 Junction Road sold at $1.8M | Property Price Band: $1.7M-$1.8M | Value Drivers: land size, condition, redevelopment potential
Detailed Independent Property Report prepared by PropCred Analyst team for 58 Junction Terrace, Annerley QLD 4103
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Annerley is an established inner-Brisbane suburb with strong appeal to young professional renters and childless couples. House prices have risen at 5.95–10.9% annually, with medians ranging from $1.2M to $1.425M, while units show stronger momentum at 5.9–16.62% growth, reaching $646k–$767.5k. Tight conditions are highlighted by houses selling in as little as 12 days, though house yields remain low at 2.7–3.3% and units yield up to 4.14%. Demand is driven by middle-to-upper income professional households and proximity to Ipswich Road transport and local amenity. With 117 house sales over the past year, activity remains steady; future growth risks centre on affordability constraints in a high-price environment.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
813m²
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