76 Fitzroy Street, Cleveland QLD 4163
76 Fitzroy Street, Cleveland QLD 4163
3 bed family house | 704 m² land | 2 car spaces | Bayside Cleveland position | Traditional detached stock
This property holds genuine appeal for family buyers seeking a conventional detached house on a substantial 704 m² block in Cleveland’s established bayside corridor. The three-bedroom, two-bathroom configuration with double car accommodation suits owner-occupiers wanting yard space, school catchment access, and proximity to the Cleveland retail and transport core. The land size is a meaningful advantage over apartment or unit product in the immediate area, positioning this house as more traditional family stock in a street that also contains higher-density development. It serves best as a long-term family home where outdoor space and suburban character matter more than low-maintenance living.
The property’s value may be shaped by how its condition and presentation compare to newer or renovated houses nearby, as the street’s mixed stock profile could influence buyer perception. The 704 m² landholding might appeal to buyers considering future extensions or improvements, though its potential may depend on local planning constraints. Rental demand for well-maintained family houses in this area appears solid, which may support investor interest. Buyers should weigh the balance between the property’s traditional character and what modernisation might cost, as this could materially affect its market position.
|| Comparable Sales: 216 Fitzroy St (4 bed, 664 m²) sold around $1.26M; 98 Fitzroy St (1,315 m²) last traded 2015 | Property Price Band: $1.1M–$1.2M | Value Drivers: Land size, dwelling condition, street position relative to mixed stock
Detailed Independent Property Report prepared by PropCred Analyst team for 76 Fitzroy Street, Cleveland QLD 4163
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Cleveland’s residential market trades at a median house price of about $1.25 million, with annual growth of 16-18%, while units sit near $800,000 and have risen 10-22%. Demand is driven by interstate migrants from southern capitals, along with investors attracted by relative affordability and a very low vacancy rate. Homes sell in roughly 23 days, with tight inventory supporting quick turnover. The suburb’s dominant cohort—couples in their sixties, mostly professionals, with high owner-occupation—keeps stock low and stability high. Future growth is underpinned by Southeast Queensland infrastructure investment and 2032 Olympic momentum. Key constraints include affordability pressure after price doubling and higher rates, plus chronically low supply that intensifies buyer competition.
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PropCred Estimated Value
Comparable Sales: 216 Fitzroy St (4 bed, 664 m²) sold around $1.26M; 98 Fitzroy St (1,315 m²) last traded 2015 | Property Price Band: $1.1M–$1.2M | Value Drivers: Land size, dwelling condition, street position relative to mixed stock
Bedrooms
3
Bathroom
2
Parking
2
Land
704m²
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