84 Broughton Road, Kedron QLD 4031
84 Broughton Road, Kedron QLD 4031
1950s house | 825mΒ² residential land | 4 beds, 2 baths | Kedron school catchments | No flood or bushfire overlays
This property presents a strong, low-risk residential proposition defined by its substantial 825mΒ² parcel in a established suburb. The configuration of a four-bedroom house on such a lot is increasingly rare, offering inherent flexibility for family living or future improvement. Its position within the Kedron State School and high school catchments directly targets owner-occupier demand, while the absence of recorded flood or bushfire overlays removes significant due diligence hurdles. This property best serves a buyer seeking long-term stability and land value.
Proceed with disciplined verification of the floor area discrepancy, as the 71mΒ² figure would indicate a fundamentally different proposition than 226mΒ². The commercial logic lies in securing a character home on a large block with clear development potential, but this hinges on confirming the true improvements. A standard valuation is insufficient; commission a measured survey and building inspection to define the actual asset. Our analysis would pressure-test the $1.68m central estimate against true comparable sales and provide a tailored report covering locality-specific risk, insurance implications, and renovation feasibility.
The 2018 sale at $620,000 provides a long-term anchor, suggesting strong capital growth. However, it is a single data point from a different market cycle. More relevant is the property’s previous 343-day listing in 2022, which signals potential over-pricing or material issues requiring investigation beyond the current 6-day market presence.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Kedron is a well-established, professionally-oriented suburb positioned as a premium inner-north residential market. Demand is driven by young professionals and families, attracted by its proximity to the CBD and accessibility, creating a thriving market with healthy turnover across both houses and units. Recent price trends show strong capital growth, with houses experiencing significant annual appreciation, and the market moves quickly, indicating sustained buyer competition. Future growth is underpinned by its demographic appeal and central location, though the high median price point presents a clear affordability constraint for entry.