78 Bridgnorth Street, Carindale QLD 4152
78 Bridgnorth Street, Carindale QLD 4152
Fully renovated lowset on 840sqm flat block | 5-bedroom family home in Carindale | Wraparound patio and outdoor entertainment | Auction May 16, 2026
This house offers a rare combination of size and condition in Carindale, where the median for five-bedroom houses sits at $1.9235 million and only 24% sell at auction. The 384sqm building footprint on a flat 840sqm lot provides generous living space with high ceilings and five split-system air conditioners, making it immediately habitable for a large family. The wraparound patio and fully fenced yard create privacy and outdoor utility that many newer builds lack. For a buyer seeking a move-in ready property in a stable, owner-occupied street with 80% owner occupancy, this house is positioned to attract strong interest from families in the Belmont State School catchment.
The bushfire overlay is confirmed and represents a tangible risk that may affect insurance premiums and future resale appeal to cautious buyers. The absence of flood or heritage overlays is a positive, but the bushfire designation should be factored into holding costs. On the opportunity side, the property’s flat block and 46% site coverage leave room for future extension or a granny flat, subject to council approval. The estimated rental income of $905โ$1,140 per week provides a buffer if plans change. Hold this property as a long-term family home or consider it for dual-living potential on the existing footprint.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Carindale is a high-performing, established suburb with a clear premium for houses, which have delivered exceptional capital growth and sell quickly, indicating strong underlying demand. This demand is driven by established, professional families seeking long-term security, reflected in high owner-occupancy. While the unit market offers a more accessible entry point with solid rental yields, its price growth has been more moderate. Future performance will hinge on the continued appeal to this demographic, with the suburb’s established character being its primary asset.