71 Eleanor Street Carina QLD 4152
71 Eleanor Street Carina QLD 4152
721m² block |2-bed post-war house |School catchment 0.2km |Est value $1.5-1.6m | Renovate or rebuild appeal. This two-bedroom house on a 721sqm lot suits downsizers, renovators or young families drawn to walkable school access and generous land potential. The post-war brick and timber construction offers a compact 121sqm living footprint with floorboards and a shed, leaving ample flat rear space for extensions or outdoor living. Its 19.9m wide frontage and low 17% site coverage position it well for a larger family rebuild, a practical edge in a street of similar mid-century homes. Buyers here typically include builders eyeing value-add projects or couples trading up land without suburb premiums. Comparable two-beds on 600-800sqm lots in the area have traded briskly at auction, reflecting demand for cleared blocks amid tighter supply. Without flood or bushfire overlays, the property sidesteps common risks that deter investors. School proximity to Mayfield State just 200m away bolsters its everyday usability for households with kids. Long-term, the oversized allotment and residential zoning underpin holding value as local densities rise, favouring land banks over the original structure. This setup quietly outperforms smaller sites in resale liquidity.
Detailed Independent Property Report prepared by PropCred Analyst team for 71 Eleanor Street Carina QLD 4152
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Carinas proximity to Brisbanes east, well-regarded schools and shopping hubs keeps the rental pool tight, pushing weekly rents higher and giving buyers confidence in steady demand. Owner-occupiers and investors chase houses and units alike, with median time on market under six weeks and annual capital gains north of 611%, so properties are moving briskly even as yields sit around 34%. Over the past six months prices have held firm to slightly higher, mirroring the year-to-date upward trend, yet affordability pressure and a lean supply pipeline mean buyers should budget carefully and target properties primed for infill or renovation upside.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
Land
721m²
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