9 Lavaine Street, Bracken Ridge QLD 4017
9 Lavaine Street, Bracken Ridge QLD 4017
Single-level family house | 607m² with side access | Renovated interiors | Solar and double garage | Practical suburban location
A single-level family home on a 607m² block is presented with renovated interiors. A modern kitchen, polished timber floors, and a large utility room are included as practical strengths. Liveability is added by the covered rear entertaining area and side access, while solar and security screens are provided. Within Bracken Ridge’s detached-house market, this property is positioned as above-average in condition and utility. Owner-occupiers wanting a move-in-ready house are best served by this property, especially families needing yard space and parking for a trailer or caravan. First-home buyers are also well served by the simple layout.
Value may be supported by the block’s functional side access and double garage. Appeal to larger families might be limited by the single bathroom, and less flexibility is offered by the single-level layout than by a two-storey design. Price sensitivity may be influenced by the need for future updates to laundry or outdoor areas.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Lavaine Street, Bracken Ridge QLD 4017
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Bracken Ridge sits in northern Brisbane as an established family suburb, with houses now transacting around $985,000 to $1,000,000 and annual growth of 7% to 8.4%, though one source shows 15%. Units are tighter at roughly $732,000, with growth ranging from 8.9% to 27%. Demand is driven by families on above-average incomes seeking three-to-five-bedroom homes; evidence includes 245 house sales and a median 13-day selling period. Rental conditions support investors: houses drawing $690 to $700 weekly, units $630 to $650, with house yields near 3.6% to 3.8% and unit yields closer to 4.7%. Future growth appears tied to strong turnover and rental demand, but risks are rising: prices near $1 million test affordability, limited unit supply restricts entry points, and the pace of price growth leaves the market sensitive to interest rate moves.
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PropCred Estimated Value
Comparable Sales: A similar 3-bed/1-bath house on a 600m² block sold for $985,000; another renovated 3-bed house on 620m² sold for $1,025,000 | Property Price Band: $1.0M–$1.1M | Value Drivers: Condition, land size, side access
Bedrooms
3
Bathroom
1
Parking
2
Land
607m²
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