Back 5 Paradise Road
Off Market

5 Paradise Road

Slacks Creek QLD 4127

3
1
1
809 m²
House
Last sold for $697,000
Jas SinghJas Singh, last sold this property on 03 June 2025 after 20 days on market.

Overview

Auction In-Rooms Today @ 5:30pm

Auction In-rooms at Raywhite Springwood 24/34 Fitzgerald Ave, Springwood Register to bid here- https://auctionslive.com/app/bidder-registration/8jJnK Set on a large, level, and flood-free block in a tightly held area, this brick home offers strong land banking potential with valuable exposure. With ample space at the rear, the block offers clear scope to add a self-contained granny flat (STCA), creating the opportunity for dual income or extended family living. The wide frontage and prominent position also lend themselves well to a home-based business or future subdivision (subject to council approval). Internally, the home includes three bedrooms, a functional kitchen, and a central bathroom with a separate toilet. The layout is practical and provides a solid base for value-adding improvements. Additional features include a sunroom at the entry, a single lock-up garage, and a paved outdoor area. Access via both street frontages enhances flexibility for future planning. Whether you're looking to renovate and hold, add a secondary dwelling for dual income, or explore development options down the track (STCA), this is a smart acquisition in an area with consistently strong demand and limited land supply. Surrounded by established homes, schools, shops, and public transport, the location supports both long-term rental appeal and capital growth. With increasing demand for multi-generational living and affordable secondary dwellings, this property is well-positioned to benefit from ongoing shifts in housing needs. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer with an eye for potential, this is a rare chance to secure a property with strong fundamentals and multiple pathways to value creation. Features: • 809m2 Large Flat Block & Flood Free • Prime Exposure with Excellent Potential for a Home-based Business • Sunroom & Living Room • Scope to add a granny flat (STCA) • Solid brick construction - ready for renovation • Well-positioned in a growth corridor with strong rental yields Location: • Walking distance to Parks • 5 minutes to Mabel Park State School • 11 minutes to Logan Hospital • 25 minutes to Brisbane City • 45 minutes to GoldCoast

Features

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

Estimated Value

Based on this property and similar 3 bedroom houses sold in Slacks Creek over the last 12 months, the estimated median property value of 5 Paradise Road is $830k.

Median value
$830k
Estimated value range
$673k - $1.6m
Median days on market
21
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Slacks Creek. 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 5 Paradise Road

2025
Sold
$697,000
Auction Sale on 03 Jun 2025 by Jas Singh, of Ray White Springwood
2022
Sold
Undisclosed
13 Dec 2022 by Tracey Wells, of Crononis | Mermaid Beach
2020
Rented
Undisclosed
Leased on 29 Sep 2020 by Coronis | Brisbane Central

Happy sellers in Slacks Creek

96%
96% of sellers in Slacks Creek reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 35 reviews in Slacks Creek over the last 12 months.

Local market activity for 3 bedroom houses in Slacks Creek

In the last 12 months, 81 three-bedroom houses similar to 5 Paradise Road, have been sold.

This represents a 20% increase in three-bedroom houses sales when compared to the previous 12 months.

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