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Overview
Situated in one of Brisbane's most affordable and rapidly evolving suburbs, this well-positioned house at 21 Norma Street, Inala, offers an excellent investment opportunity combining stable rental income and future growth potential.
Occupying a generous 587 square meter block, the property benefits from substantial land size that appeals to investors, renovators, or land bankers looking to capitalize on future value additions or development prospects. The property currently features a secure long-term tenancy in place until January 2027, generating a reliable income stream at $400 per week, offering immediate cash flow with minimal vacancy risk.
The existing residence, with a floor area of 104 square meters, is thoughtfully configured with three bedrooms, one bathroom, and an attached garage providing a single parking space. This layout provides solid rental appeal while also presenting scope for modernization or renovation to enhance livability and rental yield.
Inala itself is a convenient location, well-served by essential amenities including schools, shopping centres, public transport, parks, and key arterial routes, making this property attractive to tenants as well as future owner-occupiers seeking accessibility and community facilities.
Key benefits include:
- Immediate rental income backed by a long-term tenant
- Generous land holding for future growth or development
- Potential to renovate to increase value and appeal
- Convenient proximity to local amenities and transport
- Strong fundamentals as a land banking opportunity in a growing suburb
This property is particularly suitable for investors seeking reliable income with the security of tenure, as well as those aiming to add value through renovation or strategic development over time.
Local Market Insights
In Inala, Quiet Listings observed 24 new houses entering the market over the last 30 days, down from 27 during the previous 30-day period, with an average advertised asking price of $1,447,875. The property type mix of listed properties is predominantly Houses at 45%, followed by townhouses (38%), and commercial properties (9%). Ray White was the most active agency in this area, representing 55.8% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Inala QLD 4077
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 104 m² |
Market Insights for Inala QLD 4077
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