78 Colburn Avenue, Victoria Point QLD 4165
78 Colburn Avenue, Victoria Point QLD 4165
4 beds · 2 baths · 1 car · 674 m² house | Established bayside block | Family-oriented layout | Mid-to-upper price tier | Not a low-maintenance townhouse
The property sits on a genuinely substantial 674 m² lot, which is the kind of land that has become less common along this coastal corridor. A four-bedroom, two-bathroom house on this size block offers a practical family footprint, room for outdoor living, and the kind of space that suits owner-occupiers looking for a permanent home rather than a weekend bolt-hole. In a suburb where newer townhouses and apartments are increasingly common, this detached house stands out for its land content and its potential to be refreshed or reconfigured over time. It is best suited to a family or downsizer who wants the convenience of a developed bayside suburb without sacrificing space and separation. The property is being marketed for sale, and the underlying attraction is the combination of address, land, and flexibility.
What may move the final price is how the house presents versus its competition. The condition of the interior, the quality of the kitchen and bathrooms, the orientation of the living areas, and the state of the outdoor spaces will all influence how quickly buyers commit and at what level. A well-maintained or modestly updated home on this land could command a premium; one that needs immediate renovation might appeal more to a buyer looking for value-add potential. The presence of any covered parking, fencing, or established landscaping adds practical value, while the absence of modern comforts could narrow the pool of interested purchasers. The price band should be shaped by how the property sits relative to other detached houses on similar sized blocks in the immediate area.
>> Comparable Sales: a nearby 5-bed house on a 519 m² lot has a reported value of $1.45M, and a 4-bed townhouse on a 210 m² lot is marketed around $1.1M | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, internal condition, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 78 Colburn Avenue, Victoria Point QLD 4165
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Victoria Point is positioned as a trade-oriented, middle-income bayside suburb outperforming nearby Redland Bay, with houses selling 24.5% faster and unit prices growing 11.5% higher. Demand is driven by local trades buyers on solid incomes, reflected in 99 house sales and 12 unit sales over the past three months and 312 house sales in the year to December 2025. Median house prices sit near $1.05 million, having grown 10.5–14.8% annually, while median unit prices around $750,000 have risen 21–25% on recent data, though one source records softer unit growth. Houses typically sell in 20–40 days, though one source records 87 days, slower than the Queensland average of 50. Units sit for 138 days, tempering the otherwise solid growth outlook supported by sustained transaction volumes.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
1
Land
674m²
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