Yeronga First Home Buyer – Blue-Chip Lifestyle Without the Price Tag
Not every first home buyer is looking for a fixer-upper—some are looking for a forever home with charm and long-term upside. This Yeronga success story is all about smart buying just outside the blue-chip zone, future renovation potential, and making a family-first lifestyle move that also delivered outstanding capital growth.
Key Purchase Snapshot
- Purchased For: $1,383,000 (February 2022)
- Rental Appraisal: $960 per week (3.5% gross rental yield on purchase price)
- Current Market Value: Approx. $1,860,000 (as of May 2025)
- Capital Growth: 34.45% over 3 years and 3 months
- Client’s Deposit: $400,000 “war chest” to secure the right home
- Location: Yeronga, Brisbane
- Suburb Growth: 8.93% annualised over the last 25 years
About the Property
- 4 bedrooms, 2 bathrooms, 2 car spaces
- 632sqm block in a peaceful, leafy location
- Full of original character and well-kept features
- Just 50 metres outside Yeronga’s blue-chip pocket, but without the price tag
Why Yeronga? Why This Property?
This couple wanted more than an investment—they wanted a family home with timeless charm, in a high-performing suburb with upside for future renovation.
✅ Walkable lifestyle with access to river parks, cafes, and top schools
✅ Sought-after, tightly held suburb with low turnover
✅ Strong long-term capital growth track record (8.93% p.a.)
✅ Just outside the blue-chip pocket—better value, same appeal
✅ Room to renovate over time while enjoying the existing character
Client Vision – Lifestyle First, Reno Over Time
With a generous deposit, this first home buyer couple were in a strong position—but they weren’t looking for perfection. She loved the old kitchen and only wanted to add a few modern touches, preferring to renovate slowly and enjoy the space as it evolved.
This was a family-first decision, grounded in location, character, and confidence in future value.
How IPS Buyer’s Agents Delivered
✔️ Pinpointed a property just outside the blue-chip zone for better value
✔️ Matched the purchase with the client’s lifestyle and long-term goals
✔️ Ensured the home had renovation potential without pressure
✔️ Partnered with Moreton Bay Finance Broker for correct loan structuring and future flexibility
Looking for a Forever Home in a Premium Suburb?
Whether you’re a first home buyer with a plan, or ready to step into a character-filled home in a premium suburb, IPS Buyer’s Agents can help you buy smart—and secure value others might miss.
📞 Contact us today to secure your dream home with strategy.