7 Barrine Place Narangba QLD 4504

7 Barrine Place Narangba QLD 4504
Offers over $1.29m |Doubled since 2018 sale |1000mΒ² lot rare |School catchments key | This four-bedroom house on a 1000sqm block suits established families prioritising space and educational access. The generous land size stands out in a street of more typical lots, providing scope for private outdoor living or future enhancements like the existing pool and water tank. At 33% building coverage, it leaves substantial yard for practical use, appealing to buyers who value self-sufficiency over compact designs. Its position in the Jinibara State School and Narangba Valley State High catchment draws families relocating for stability, especially with reliable NBN and 5G coverage supporting remote work. Since selling for $615,000 in 2018, the property has tracked local growth, now aligning with estimates around $1.28m to $1.31m. Similar larger-lot homes here hold value steadily, bolstered by no flood or bushfire risks in a residential-zoned area. Long-term, the 1000sqm footprint offers holding appeal amid tightening land supply, positioning it well for families planning to stay put. Rental potential near $825 weekly underscores versatility if needed. Overall, it fits buyers seeking enduring utility without urban density.

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

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Market Insight:

Moreton Bay’s recent migration surge and NarangbaΒ’s family-friendly, brick-and-tile stock near schools and the rail line keep demand steady as buyers trade Brisbane prices for stronger infrastructure and affordability in the growth corridor. House prices are trending up around 10-12% annually with the median near $930k and volumes moving in roughly five weeks, so the last six months have seen firm momentum even as buyers absorb price gains. Growth still trails greater Brisbane averages, so keep an eye on rate-sensitive demand and any surge in supply, yet the suburbΒ’s tight rental market and limited unit stock keep landlords engaged while migration bolsters longer-term opportunity.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

1000mΒ²

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