Everton Park is experiencing significant growth and is known for its strong sense of community. The suburb is predominantly residential, popular with couples and families, with a median age of 35. This is a suburb on the rise, with house values increasing by an impressive 86.5% over the last five years!
Everton Park's property market is experiencing explosive growth that shows no signs of slowing:
- Houses have seen an 81.62% increase in median value over the past five years
- Median house value now sits at $1,222,336, with 8% growth in just the last 12 months
- 14.1% population growth between 2016-2021, driven by professionals and families flocking to the area
Development-Ready with Unlimited Potential
7 Kambala Street is positioned on a substantial 565m² block, presenting a rare opportunity to capitalize on Everton Park's growth trajectory. The property is:
- Zoned Low Density Residential, offering flexibility for development
- Suitable for multiple development options: renovation, extension, subdivision, or new build
A Solid Foundation for Your Investment
The existing property features:
- Upper Level - 3 bedrooms, Kitchen, Living Area, meals area, bathroom separate toilet and covered verandah
- Lower Level - Entry, multipurpose areas, bathroom, laundry and double garage plus storage area with internal access.
- Two-story layout with rumpus room - offering flexible living options
- Double lock-up garage with ample storage
- Fully fenced yard on a generous block
- Strong Rental Market: Median house rent of $800+/week, up 5% in the last 12 months
- Professional Demographic: High percentage of professional residents, ensuring demand for quality housing
- 16 Parks covering 8.1% of the suburb - a lifestyle destination for families
- The current tenancy will be due on 25th Nov 2026, and the current rental income is $550/week.
A Rare Opportunity in a Premium Location!
Properties of this caliber, on generous blocks in one of Brisbane's fastest-growing northern suburbs, are becoming increasingly scarce. As Everton Park continues to gentrify and property values surge, 7 Kambala Street offers you the chance to secure your position in a market that shows no signs of slowing.
Don't let this investment opportunity pass you by and welcome to the open house!
