86 Cowrie Cres, Burpengary East QLD 4505
86 Cowrie Cres, Burpengary East QLD 4505
4 bed family house | 448m² fenced block | 6.6kW solar | tenanted to May 2027 | North Harbour estate
This is a well-configured modern family house in a masterplanned estate, offering four bedrooms, two bathrooms, and a double garage on a manageable 448m² lot. The separate media room and covered alfresco add practical flexibility, while the solar system and air conditioning reduce ongoing costs. It sits comfortably within the mainstream family-home segment of Burpengary East, appealing most to investors seeking steady rental income or owner-occupiers wanting a low-maintenance turnkey property in a growth corridor with strong school and transport access.
The current tenancy at $650 per week until May 2027 provides immediate income certainty, which may support a premium for investment buyers. The 148.6m² internal area is typical for this product type, and the fully fenced yard suits families with children or pets. However, the lack of a stated build year and potential flood overlay on some nearby lots might cause cautious buyers to seek further due diligence. The property’s value may also be influenced by how it compares to similar modern houses in the immediate street, where lot sizes vary.
|| Comparable Sales: 55 Cowrie Crescent sold $1.91M (outlier, larger premium) | Property Price Band: $800K–$900K | Value Drivers: tenancy security, solar system, modern layout, fenced low-maintenance block
Detailed Independent Property Report prepared by PropCred Analyst team for 86 Cowrie Cres, Burpengary East QLD 4505
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Burpengary East, in Moreton Bay near the Bruce Highway, attracts trade-qualified couples with children; 44% of households are couples with children, 31% of residents are over 55, and 77.9% owner-occupation indicates stability. House prices range $920,000–$980,000, with annual growth of 11.4–16.5%; units average $595,000 with 14.4% growth. Houses sell in 27–46 days, supported by 148–210 annual sales. Future demand is underpinned by population growth of 50.1% from 2016–2021 and parks covering 4.2% of the area. However, tight supply—23 rentals and 16 listings last month—and a slower 87-day sell-period temper near-term momentum, while limited unit turnover constrains diversification.
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PropCred Estimated Value
Comparable Sales: 55 Cowrie Crescent sold $1.91M (outlier, larger premium) | Property Price Band: $800K–$900K | Value Drivers: tenancy security, solar system, modern layout, fenced low-maintenance block
Bedrooms
4
Bathroom
2
Parking
2
Land
448m²
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