82 Miles Street, Bald Hills QLD 4036
82 Miles Street, Bald Hills QLD 4036
renovated 1950s character | 506sqm level fenced | 3 bed 2 bath | compact 74m² internal | northside family appeal
This property is defined by a thorough renovation that has preserved the 1950s character while updating the interior. Polished timber floors and high ceilings are complemented by a stone island kitchen and split air conditioning throughout. The level 506sqm block is fully fenced, which suits families and pets well. In this part of Bald Hills, where newer product is often built on smaller lots, a character cottage with this much usable yard is increasingly uncommon. The property is best suited to owner-occupiers seeking established charm with modern comfort, though investors are also served by the low-maintenance yard and strong family demand.
The compact 74m² building area may be the main constraint, as the house is likely to be measured against larger family homes nearby. The older structural base might require ongoing maintenance despite the fresh fit-out. Value is likely to be driven more by land size and presentation than internal volume, so price expectations should be formed with that balance in mind.
Detailed Independent Property Report prepared by PropCred Analyst team for 82 Miles Street, Bald Hills QLD 4036
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Bald Hills, 20km north of Brisbane’s CBD, is attracting families, first-time buyers and investors. House prices have risen 14.39% annually to a $938,000 median, with units up 16.35% to $708,000. Sales are brisk: 94–98 house transactions over the past year and 12–31 days on market. Gross rental yields are 3.93% for houses and 4.50% for units, with median rents of $638 and $430 respectively. Ongoing infrastructure improvements and more affordable entry points than the state average support demand, while rapid price growth remains the main constraint.
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PropCred Estimated Value
Comparable Sales: 97A Miles Street under offer near $1.25M | 22 Miles Street data around $1.17M | Property Price Band: $1.1M–$1.2M | Value Drivers: renovated condition, 506sqm level land, character presentation
Bedrooms
3
Bathroom
1
Parking
2
Land
506m²
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