88 Mornington Street, Alderley QLD 4051
88 Mornington Street, Alderley QLD 4051
Park-facing rebuild | five-bedroom family scale | premium finish | compact 458 m² block | strong owner-occupier demand
A park-facing, 2019-built five-bedroom house on a compact 458 m² block, this property combines premium finishes with low-maintenance living. Polished timber flooring, stone bench tops, and a butler’s pantry elevate it above typical suburban stock, while the pool and covered alfresco add lifestyle depth. Its position opposite parkland, within roughly 7 km of the CBD, makes it a strong choice for families upgrading within the inner-north or seeking a turn-key family home.
The compact land area may limit future extension, and flood overlays on some nearby properties might warrant a specific site check. The five-bedroom layout offers flexibility for extended families or home-office use, though the smaller block will likely appeal more to buyers prioritising low maintenance over outdoor space. These factors may influence how offers are framed, but the modern build and park frontage are solid value anchors.
Detailed Independent Property Report prepared by PropCred Analyst team for 88 Mornington Street, Alderley QLD 4051
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Alderley, in Brisbane’s inner north, is a tightly held market, with just 3 listings last month and 84 house sales in the past year. House prices average around $1.7m, up roughly 20% annually, while units are near $840,000, having grown over 30%. Demand is driven by young professionals and families—suburb median age is 36—drawn to train and bus connections to the CBD, plus Enoggera Road links. Stock turns in 19 days, a sign of acute competition. Rental yields are low for houses, at 2.4–2.68%, but units return close to 4%, keeping investor interest firm. Future growth hinges on continued infrastructure connectivity and tight supply. Key constraints are high entry prices, limiting affordability, and minimal stock, which caps sales volume and adds rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 112 Mornington Street $1.57M; 108A Mornington Street $771k | Property Price Band: $1.4M-$1.5M | Value Drivers: park frontage, premium fit-out, land area
Bedrooms
5
Bathroom
3
Parking
2
Land
685m²
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