38-40 Lyndel Drive, Woree QLD 4868

38-40 Lyndel Drive, Woree QLD 4868
Settlement risk | 2010 price history not disclosed | corner block trade-offs | high site coverage The property sits on a 806mΒ² corner block with thirty seven percent site coverage, which limits future outdoor expansion. Dual street access is a genuine advantage for boat or trailer storage, a scarce feature in Woree that improves utility. You are buying a freshly updated four-bedroom home with no rear neighbours, a configuration that commands premium family demand. The judgement call is holding this for medium-term family use or leveraging its solar and rental yield for passive income. What defines this property is the combination of a fully fenced 296mΒ² floorplan, split-system air conditioning, and mountain views rarely available at this price point in the suburb’s quiet pocket. The four-bedroom layout with separate ensuite and walk-in robe serves young families or downsizers who want modern without strata constraints. This is a home for someone who values privacy, low maintenance, and immediate move-in readiness over speculative upside. The next step is verifying the 2010 purchase price and confirming the contractual terms given the under-contract status. Request a copy of the 20 April rental appraisal from the agent to anchor your cash-flow projections.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Woree presents a compelling investment proposition within the Cairns region, driven by strong demand from interstate and local investors attracted to its relative affordability and high rental yields. The market is characterised by exceptionally tight conditions, with low inventory and rapid sales fuelling significant recent price appreciation. Future growth is underpinned by a tourism-driven population rebound and persistent regional housing shortages, though this same supply constraint presents a key risk, with new developments still years from alleviating the pressure on affordability.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

806mΒ²

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