146 Manson Road, Hendra, QLD 4011
About the Property
Situated in the heart of Hendra, this charming North-facing Queenslander home is brimming with untapped potential. Nestled on a generous 543m2 flat plot and already elevated, this property offers immediate enjoyment or the canvas for a stunning transformation in the future.
With 3 bedrooms and multiple living areas, the current layout provides ample space for a family, adaptable to evolving needs. The property invites you to explore various possibilities – renovate, extend, or even consider a knockdown (subject to council approval) – the choice is yours. The elevated space underneath the home presents opportunities for further expansion (subject to council approval), while the spacious backyard allows for extensions, a potential pool, or simply enjoying outdoor activities with your family.
Surrounded by beautiful homes on a leafy avenue, this property is well-positioned to benefit from Hendra’s continued growth. Exceptional schools, parks, shopping options, and the proximity to both Eagle Farm and Doomben Racecourses enhance the appeal of this location.
From the domain.com.au listing
About the Suburb
Overview: Hendra, a sought-after suburb in Brisbane, offers a unique blend of charm and convenience. With a population of approximately 4,914 residents and 1,967 dwellings, Hendra is a tight-knit community with an array of real estate opportunities.
Residential Landscape: Hendra boasts a predominantly owner-occupied community, with 68% of residents choosing to call this suburb home. The IQR % Median of 46% suggests a diverse range of property prices, accommodating varying preferences. Properties in Hendra spend an average of 30 days on the market (DOM), indicative of a relatively dynamic real estate market.
Education Excellence: Education is a cornerstone of Hendra, with an impressive ICSEA School Score of 54. This signifies the presence of high-quality educational institutions, making it an ideal destination for families.
Property Market: The median property price in Hendra stands at $1.71 million, reflecting its status as a sought-after residential area. The recent % growth rate of -0.3% suggests stability in property values. Rental properties in the suburb offer a yield of 3.1%, appealing to investors seeking rental income. With a vacancy rate of 2.5%, Hendra experiences consistent demand for rental properties.
Market Activity: While the specific value for Market Absorption is not provided, the real estate landscape in Hendra reflects a balanced supply and demand, offering opportunities for both homebuyers and investors.
Hendra is a captivating suburb with a promising real estate outlook, making it an attractive choice for those seeking a harmonious blend of community spirit and convenience.