5 Paradise Rd, Slacks Creek is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 809m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
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Set on a large, level, and flood-free block in a tightly held area, this brick home offers strong land banking potential with valuable exposure.
With ample space at the rear, the block offers clear scope to add a self-contained granny flat (STCA), creating the opportunity for dual income or extended family living. The wide frontage and prominent position also lend themselves well to a home-based business or future subdivision (subject to council approval).
Internally, the home includes three bedrooms, a functional kitchen, and a central bathroom with a separate toilet. The layout is practical and provides a solid base for value-adding improvements. Additional features include a sunroom at the entry, a single lock-up garage, and a paved outdoor area. Access via both street frontages enhances flexibility for future planning.
Whether you're looking to renovate and hold, add a secondary dwelling for dual income, or explore development options down the track (STCA), this is a smart acquisition in an area with consistently strong demand and limited land supply.
Surrounded by established homes, schools, shops, and public transport, the location supports both long-term rental appeal and capital growth. With increasing demand for multi-generational living and affordable secondary dwellings, this property is well-positioned to benefit from ongoing shifts in housing needs.
Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer with an eye for potential, this is a rare chance to secure a property with strong fundamentals and multiple pathways to value creation.
Features:
809m2 Large Flat Block & Flood Free
Prime Exposure with Excellent Potential for a Home-based Business
Sunroom & Living Room
Scope to add a granny flat (STCA)
Solid brick construction - ready for renovation
Well-positioned in a growth corridor with strong rental yields
Location:
Walking distance to Parks
5 minutes to Mabel Park State School
11 minutes to Logan Hospital
25 minutes to Brisbane City
45 minutes to GoldCoast
The size of Slacks Creek is approximately 8.5 square kilometres. There are 24 parks, covering nearly 16.8% of the total area. The population of Slacks Creek in 2016 was 10432 people. By 2021 the population was 10408 showing a population decline of 0.2% in the area during that time. The predominant age group in Slacks Creek is 10-19 years. Households in Slacks Creek are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Slacks Creek work in a labourer occupation.In 2021, 53.50% of the homes in Slacks Creek were owner-occupied compared with 53.80% in 2016.
Slacks Creek has 4,891 properties. Over the last 5 years, Houses in Slacks Creek have seen a 140.33% increase in median value, while Units have seen a 188.39% increase. As at 31 May 2026:
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