33 Penarth Street, Runcorn, QLD 4113 | Land for sale | OnTheHouse
FOR SALE
OFFERS CLOSING MONDAY 12TH JANUARY 2026 @ 5PM

33 Penarth Street
Runcorn QLD 4113

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 1.01ha
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Once In A Lifetime Opportunity! Dual Street Frontage - Prime Land Holding In Runcorn!

SITE INSPECTION [NO AGENT ON SITE]
Situated within minutes' drive of the coveted Pinelands Plaza, Sunnybank Plaza, Westfield Garden City, Sunny Park Shopping Centre, Sunnybank Hills Shopping District, Warrigal Shopping Centre, Runcorn Plaza, Market Square, Calamvale Central, both the Pacific and Gateway Motorway as well as an array of transportation facilities and local schools including Runcorn State School - 33 Penarth Street, Runcorn presents a once-in-a-lifetime opportunity for astute investors seeking to develop amongst established and increasingly popular properties in the esteemed Runcorn locality.
The house can easily be removed to provide a blank canvas for those wanting to build their dream home and enjoy the full extent of the land OR would accommodate tenants if you're looking to invest OR allow for immediate development plans (Proposed 3 Dwellings) similar to adjacent blocks for the savvy developer.
Sprawled over an enormous 10,117m2 allotment, this three-bedroom, two-bathroom home boasts multiple living spaces, a spacious shed to the rear as well as plenty of space for parking.
Renovate and obtain rental income, develop parts of the land and retain the rest or split the block up into multiple townhouse allotments to sell, the choice is yours!
Zoning: Dwelling Large House Site
Local Government: Brisbane City
Dimension: Approx. 20.3m Frontage x 181m Length x 213.7m Length x 17.5m Rear (Gowan Road)
The Deal - Proposed 3 Allotments:
- Lot 1: 451 sqm + Existing 3 Bedroom 2 Bathroom Dwelling
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Property Details for 33 Penarth St, Runcorn

Building Type
Land
Land Size
1.01ha
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About Runcorn 4113

The size of Runcorn is approximately 6.5 square kilometres. It has 31 parks covering nearly 19.6% of total area. The population of Runcorn in 2016 was 14592 people. By 2021 the population was 14199 showing a population decline of 2.7% in the area during that time. The predominant age group in Runcorn is 30-39 years. Households in Runcorn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Runcorn work in a professional occupation.In 2021, 59.60% of the homes in Runcorn were owner-occupied compared with 60.80% in 2016.

Runcorn has 5,675 properties. Over the last 5 years, Houses in Runcorn have seen a 105.17% increase in median value, while Units have seen a 141.07% increase. As at 30 November 2025:

  • The median value for Houses in Runcorn is $1,173,120 while the median value for Units is $793,372.
  • Houses have a median rent of $660 while Units have a median rent of $650.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Runcorn on OnTheHouse. According to Cotality's data, 219 properties were sold in the past 12 months in Runcorn.

Suburb Insights for Runcorn 4113

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Ryan Poh
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Jonathan Kim
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McGrath Mt Gravatt
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.