Hendra Renovator

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Updated 3 min read
Hendra renovator property before Hendra renovator property after

Updated November 2026: we added a “Hendra today” section with current Stash suburb figures and what has happened to the property since. The deal figures below are from the time of the original post.

Address

146 Manson Road, Hendra, QLD 4011

Investment Strategy

Renovator

Development Timeline

04/12/2021
Property Purchased
$1,200,000
28/01/2023
Property Sold
$2,302,000

About the Property

Situated in the heart of Hendra, this charming North-facing Queenslander home is brimming with untapped potential. Nestled on a generous 543m2 flat plot and already elevated, this property offers immediate enjoyment or the canvas for a stunning transformation in the future.

With 3 bedrooms and multiple living areas, the current layout provides ample space for a family, adaptable to evolving needs. The property invites you to explore various possibilities – renovate, extend, or even consider a knockdown (subject to council approval) – the choice is yours. The elevated space underneath the home presents opportunities for further expansion (subject to council approval), while the spacious backyard allows for extensions, a potential pool, or simply enjoying outdoor activities with your family.

Surrounded by beautiful homes on a leafy avenue, this property is well-positioned to benefit from Hendra’s continued growth. Exceptional schools, parks, shopping options, and the proximity to both Eagle Farm and Doomben Racecourses enhance the appeal of this location.

From the domain.com.au listing

Development Stats

2023

Year of Development

330

days held

1.1

Gross Profit

About the Suburb

Overview: Hendra, a sought-after suburb in Brisbane, offers a unique blend of charm and convenience. With a population of approximately 4,914 residents and 1,967 dwellings, Hendra is a tight-knit community with an array of real estate opportunities.

Residential Landscape: Hendra boasts a predominantly owner-occupied community, with 68% of residents choosing to call this suburb home. The IQR % Median of 46% suggests a diverse range of property prices, accommodating varying preferences. Properties in Hendra spend an average of 30 days on the market (DOM), indicative of a relatively dynamic real estate market.

Education Excellence: Education is a cornerstone of Hendra, with an impressive ICSEA School Score of 54. This signifies the presence of high-quality educational institutions, making it an ideal destination for families.

Property Market: The median property price in Hendra stands at $1.71 million, reflecting its status as a sought-after residential area. The recent % growth rate of -0.3% suggests stability in property values. Rental properties in the suburb offer a yield of 3.1%, appealing to investors seeking rental income. With a vacancy rate of 2.5%, Hendra experiences consistent demand for rental properties.

Market Activity: While the specific value for Market Absorption is not provided, the real estate landscape in Hendra reflects a balanced supply and demand, offering opportunities for both homebuyers and investors.

Hendra is a captivating suburb with a promising real estate outlook, making it an attractive choice for those seeking a harmonious blend of community spirit and convenience.

146 Manson Road, Hendra QLD 4011: renovator case study property
Suburb Median
Hendra vacancy rate chart from Stash, captured November 2023
Vacancy Rate
Hendra sales volume chart from Stash, captured November 2023
Sales Volume

Hendra today (November 2026)

Here is where the Hendra house market sits now. The figures cover house sales and rentals over the 12 months from November 2025.

  • Median house price: $2,150,000 (Stash data, November 2026)
  • 12-month change in the median house price: +12.9% (Stash data, November 2026)
  • Median house rent: $997 a week, a median gross rental yield of 2.9% (Stash data, November 2026)
  • Vacancy rate: 1.5%, with a median of 31 days on market for houses (Stash data, November 2026)

What happened to the property? Stash's sales history for 146 Manson Road still shows the $2,302,000 sale in January 2023 as the latest sale, so it hasn't sold again since.

Then vs now: The renovated house sold for $2,302,000 in January 2023, after a $1,200,000 purchase in December 2021. Today the median house price in Hendra is $2,150,000.

See the latest numbers on the Hendra suburb page. To look for renovator deals like this one yourself, use Comparable Properties with Display Flips, Knockdown Rebuilds & Renovators Only ticked.

Find renovators like this one only on Stash

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