A Deep Dive into a Bray Park Property: Location, Features, and Market Analysis
8 Versace Avenue, Bray Park QLD 4500, represents more than just an address; it's a potential gateway to a specific lifestyle in a sought-after Queensland suburb. This article will explore this property, examining its features, location, and place within the broader Bray Park real estate market. We will analyze the potential of this 4-bedroom house, considering past sales data (where available) and current market trends to provide a comprehensive understanding of 8 Versace Avenue. While specific interior details may be limited without access to private listing information, we can build a picture based on the address, location data, and general market trends for similar properties in the area.
Understanding the Address and Location:
The address, 8 Versace Avenue, Bray Park QLD 4500, immediately offers several key pieces of information. The use of "Versace" in the street name suggests a potentially upscale or prestigious development, hinting at a higher standard of construction and potentially larger lot sizes compared to average properties in the area. Bray Park itself is a suburb located in the Moreton Bay Region of Queensland, known for its family-friendly atmosphere, proximity to amenities, and relatively affordable housing compared to some closer-in Brisbane suburbs. The postcode, 4500, firmly places it within this area. The location benefits from easy access to major roads, allowing for relatively quick commutes to Brisbane's CBD and other surrounding areas. Further investigation into the immediate vicinity of 8 Versace Avenue would reveal details about nearby schools, parks, shopping centres, and public transport options, which are all crucial factors influencing property value and desirability.
Analyzing the Property Type: A 4-Bedroom House
The description of 8 Versace Avenue as a 4-bedroom house provides a foundation for understanding its potential. A four-bedroom house generally caters to families, offering ample space for children, guests, or home offices. The size of the property, both the land area and the internal living space, would be key factors influencing its value. Larger blocks of land are often more desirable, offering greater privacy and potential for future extensions or landscaping. The internal layout – the number of bathrooms, the presence of a formal lounge, dining area, and kitchen features – would heavily influence its appeal to potential buyers. Modern kitchens with high-end appliances, spacious bathrooms, and well-maintained outdoor areas are all significant selling points in today's market. Understanding the age and condition of the house is also important. A newer property generally requires less maintenance, while an older property might offer character and charm but could require more investment.
Market Analysis: Bray Park and Surrounding Areas
To understand the potential value of 8 Versace Avenue, we need to consider the broader Bray Park real estate market. Analyzing recent sales data for similar 4-bedroom houses in the area would provide crucial insights. Factors to consider include:
* Median house prices: Tracking the median price of 4-bedroom houses in Bray Park over time reveals trends and helps establish a benchmark for the property's value.
* Days on market: The average time it takes for similar properties to sell indicates the overall market activity and demand. A shorter time on market suggests a strong buyer demand.
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