Back 37 First Ave
Off Market

37 First Ave

Marsden QLD 4132

3
1
1
1518 m²
House
Last sold for $1,075,000
Nav WaraichNav Waraich, last sold this property on 30 May 2025 after 186 days on market.

Overview

Strategic DA-Approved Development Opportunity in Marsden Growth Precinct

Positioned in one of South East Queensland's most dynamic growth corridors, this expansive 1,518m2 allotment presents a rare, DA-approved development opportunity. With approval in place to retain the existing residence and construct three additional 2-bedroom townhomes, this site offers immediate upside for developers and investors seeking strong returns in a high-demand locale. The existing two-storey dwelling is currently leased at $650 per week, delivering reliable holding income while development plans are actioned. The home features three well-proportioned bedrooms, a functional open-plan layout, air conditioning, and generous under-house storage-ideal for families or shared accommodation. Property Highlights: • DA approval for three additional 2-bedroom townhomes • Existing 3-bedroom residence with current rental income • Level 1,518m2 block with wide frontage and development flexibility • Zoned for residential intensification in a high-growth suburb • Proximity to Marsden State & High Schools, Marsden Park Shopping Centre, public transport, and parklands • Seamless access to Logan Motorway, Pacific Highway, and key employment hubs This is a compelling opportunity to secure a development-ready site with income, scale, and strategic positioning. Enquire today to receive the DA plans and explore the full potential of this exceptional offering.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
1518 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Marsden over the last 12 months, the estimated median property value of 37 First Ave is $820k.

Median value
$820k
Estimated value range
$325k - $1.36m
Median days on market
21
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Marsden. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 37 First Ave

2025
Sold
$1,075,000
30 May 2025 by Nav Waraich, of Ray White Acacia Ridge
2024
Rented
Undisclosed
Leased on 14 Jan 2024 by Ray White Waterford
2017
Sold
$435,000
18 Jun 2017 by Keny Guerra, of Red Rocket Realty

Happy sellers in Marsden

95%
95% of sellers in Marsden reported that their sale price either exceeded or met their price expectations.

Marsden stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 58 reviews in Marsden over the last 12 months.

Local market activity for 3 bedroom houses in Marsden

In the last 12 months, 95 three-bedroom houses similar to 37 First Ave, have been sold.

This represents a 4% increase in three-bedroom houses sales when compared to the previous 12 months.

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