The median house price in Rochedale South is nearing the $1 million mark that was already surpassed in neighbouring Brisbane suburbs.
And it won’t be long before it reaches the milestone, says Your Property Journey principal Jayden Cummins, with the reputation of Rochedale South’s neighbours working wonders on the suburb.
“The ripple effect of being so close to Rochedale – that sort of brand new, high quality market now – makes Rochedale South so appealing,” he said.
“Rochedale South is the exact same as Rochedale, but they have bigger blocks and more established houses.
“It has got the family friendly atmosphere, you’re still close to amenities, the new busway is coming through – it’s really gentrifying now.”
He said the price of houses in Rochedale South skyrocketed in the last few years.
“Four years ago, it was nuts. I was buying things for $500,000 to $600,000,” he said.
But being mere minutes away from “premium” suburbs like Rochedale, Wishart and Mansfield pushed Rochedale South’s market upwards, with median prices now falling in the mid $900,000s.
“It’s getting so close already to breaking the million dollar mark,” Mr Cummins said.
Blocks like 17 Knightsbridge Crescent are a prime example, last week selling for around $950,000.
“It’s quite large – it’s got two living spaces on both sides and four bedrooms on the one side, the kitchen on the back and a big patio area as well,” Mr Cummins said.
“It’s a really nice pocket of Rochedale South – a lot of owner occupiers are in there.
“It’s been an interesting sale too, because we’ve had tenants in there and we’ve got an eight month lease.
“It has made it very interesting to see how many owner occupiers came through and how much of a turn-off a lease was.”
According to realestate.com, the property last sold in 2021 for $610,000.
Before that, it sold in 2001 for $183,000 and in 1999 for $147,500.
Mr Cummins said homes like this were perfect for families, particularly with the dual-living lifestyles they offer.
 “It is just like the rest of the suburb – family-oriented,” he said.
“The kids can be playing off in the front room and you’ve still got your own proper living room, with a dining room on the other side.
“Each of the two rooms have got desks in there as well and there’s storage everywhere.
“So kids can play in there, and have their own space for a desk and a bed.”
Unlike some other blocks in the area, the 661sqm 17 Knightsbridge Crescent can appear unassuming from the street.
“The way that the first owners built this is so unique,” Mr Cummins said.
“There is a little ramp on the inside of the house, storage everywhere.
“From the outside, it’s low set, but from the inside it’s got two little stories.”
Inside, all four bedrooms sit side-by-side on the left of the home, leading to the patio.
On the right, there is an outdoor entertaining area, garage and carport.
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