Five great Brisbane homes for less than $700,000

If you’re in the habit of heading to auctions of a weekend, you might find that many of the houses that sell under the hammer for about $700,000 sell to young couples, on their way to growing their families.

They’re often challenged by investors with small property portfolios, showing there’s interest in mid-range homes from both sides of the market.

If you’re buying something that’s a little more affordable you might have to make sacrifices on postcodes, floor space, or amenity. But if you know where to look, there’s always a gem or two in the rough…

31 Viney Street

Price: $685,000+

Agent: Narelle Lorensen and Liam Roach 

3 bedrooms, 2 bathrooms, and 2 car parks

Top of the list is 31 Viney Street, a three bedroom home in Chermside West.

It was last renovated by the vendor about eight years ago, but a lot of the added features are now on trend. The two bathrooms feature mostly modern fittings, and the back deck (pictured) resembles many newly renovated premium or prestige homes.

The vendor, a painter, also gave the property a fresh coat to prepare it for sale.

Place Nundah agent Liam Roach said the house had generated a lot of interest during its campaign, with several offers being made after the first open home, and said interest had persisted despite several contacts falling over.

56 Chataway Street

Price: $640,000+

Agent: Solomon Michael 

3 bedrooms, 1 bathrooms, and 3 car parks

Carina and Carina Heights are two up-and-coming suburbs in Brisbane’s east, that are growing in popularity with first home buyers and families. If demand in the suburbs keep up, it would make the buy at 56 Chataway a solid investment.

The three bedroom cottage has a traditional exterior painted in modern colours and has an updated and very tidy interior. It’s a steal.

6/72 Sandford Street

Price: $650,000+

Agent: Max Hadgelias

2 bedrooms, 2 bathrooms, and 2 car parks

Unit 6 in 72 Sandford Street is one of two units on this list and it’s featured for two reasons: it has waterfront views and it’s close to the popular suburb of St Lucia, another suburb earmarked for growth.

The two bedroom apartment has been recently refurbished. Max Hadgelias from Ray White Paddington said the unit’s previous owner was an owner-occupier, but it could also be used as an investment property.

“It’s a 50/50 split in the building between owner occupiers and investors,” he said. “The rental appraisal I got for it was 500 dollars a week.”

29/1 Goodwin Street

Price: $695,000

Agent: Jim Fraser

2 bedrooms, 2 bathrooms, and 1 car parks

Unit 29 in 1 Goodwin Street is listed for sale at $695,000 and for inner-city Kangaroo Point, it’s not a bad price.

Kangaroo Point Real Estate agent Jim Fraser suggested it would suit an owner occupier, particularly buyers looking for proximity to the city.

The apartment offers a view of the river and the New Farm skyline.

24 Peter Street

Price: $699,000+

Agent: Kelly Hardie and Justin Hagen

3 bedrooms, 2 bathrooms, and 2 car parks

Last but not least, is 24 Peter Street, a striking three bedroom home in Brisbane’s north west.

The 70s-chic home sits on a particularly large block of land, 1619 square metres.

The bare-wood late 70s look was all the rage with buyers at the moment, Calibre Real Estate agent Kelly Hardie said. “We’ve been inundated,” she said. “There’s a couple of aspects, it’s got a bit of land and it’s also not your typical Queenslander or brick and tile.”

The big block of land and greenery gives the home extra privacy and breathing room from the neighbours, which isn’t usually seen so close to the city, Ms Hardie said. “It’s got some privacy, it’s quite private,” she said. “It’s unique without sacrificing space.”