16 Laurie Motti Parade, Kirwan QLD 4817
16 Laurie Motti Parade, Kirwan QLD 4817
Double-storey corner block | 5-bedroom layout with pool and shed | 427mยฒ with dual street access | Suburb growth at 1.5%
The propertyโs corner configuration and dual street access provide rare flexibility for vehicle, boat, or trailer storage, a competitive edge in a family-oriented suburb. The 5th bedroom and rumpus room allow multi-generational or home-office use, while the in-ground pool and timber patio add lifestyle appeal. This house suits a buyer seeking a turnkey family home with income potential, given the estimated $660/week rent and 4.3% yield.
The main risk is the elevated price per square metre at $2,143, which may limit capital growth in a suburb with modest 1.5% appreciation. The 2022 sale at $470,000 suggests significant price acceleration, so the buyer should verify recent comparable sales. The building and pest report availability is a positive, but no findings are disclosed. The propertyโs elevation and lack of flood overlay reduce insurance risk. Hold for medium-term family use or as a rental with stable cash flow.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Kirwan is a high-demand suburb experiencing robust capital growth and rental appreciation, driven by an affluent local demographic and a significant supply imbalance. The market is characterised by rapid sales and strong investor interest, evidenced by competitive yields and tight vacancy. Future growth is underpinned by sustained demand against constrained new supply, though high household leverage presents a sensitivity to economic conditions.