9 Lacebark Street, Crestmead, QLD 4132 | House for sale | OnTheHouse
 
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9 Lacebark Street
Crestmead QLD 4132

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 282m2
Land area: 800m2
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Dual Rental Return Opportunity on 800m² – Highset Home + Granny Flat in Quiet Cul-De-Sac

Positioned in a quiet cul-de-sac, 9 Lacebark Street, Crestmead presents an outstanding opportunity for investors, renovators, or buyers seeking strong rental potential. Set on a generous 800m² block with no flood concerns and no easements, this property offers dual living flexibility with a highset main residence and a separate granny flat.
The front highset home is currently vacant and ready for its next owner to add value. While the property requires some updating, it offers solid bones and an excellent foundation for renovation, making it an ideal project for those looking to maximise returns.
At the rear of the property sits a privately positioned granny flat with its own side access and dedicated parking, currently rented privately. This setup provides immediate income potential while renovations or improvements are completed on the main house.
With a large block, dual living capability, and strong rental prospects, this property presents a rare chance to create a high-yield investment or flexible multi-generational living arrangement.
Property Highlights:
• Large 800m² block in quiet cul-de-sac
• Highset main residence plus separate granny flat
• No flood mapping and no easements
• Front house currently vacant and ready for renovation
• Granny flat currently rented privately
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Property Details for 9 Lacebark St, Crestmead

9 Lacebark St, Crestmead is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 800m2 and floor size of 282m2. The place is currently for sale with NGU Real Estate Logan.

Building Type
House
Floor Size
282m2
Land Size
800m2
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About Crestmead 4132

The size of Crestmead is approximately 6.8 square kilometres. There are 17 parks, covering nearly 14.4% of the total area. The population of Crestmead in 2016 was 12153 people. By 2021 the population was 12271 showing a population growth of 1.0% in the area during that time. The predominant age group in Crestmead is 0-9 years. Households in Crestmead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Crestmead work in a labourer occupation.In 2021, 52.70% of the homes in Crestmead were owner-occupied compared with 53.80% in 2016.

Crestmead has 4,486 properties. Over the last 5 years, Houses in Crestmead have seen a 143.79% increase in median value, while Units have seen a 138.76% increase. As at 31 May 2026:

  • The median value for Houses in Crestmead is $885,290 while the median value for Units is $816,322.
  • Houses have a median rent of $600 while Units have a median rent of $500.
There are currently 40 properties listed for sale, and 24 properties listed for rent in Crestmead on OnTheHouse. According to Cotality's data, 214 properties were sold in the past 12 months in Crestmead.

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Rebecca Cuderman
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Taha Artani
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NGU Real Estate Logan
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