24 Westminster Cres, Raceview QLD 4305

24 Westminster Cres, Raceview QLD 4305
Solid brick and tile | quiet Raceview pocket | ready to occupy | good land-to-building ratio. The property presents a straightforward buying case for a family seeking a solid, low-maintenance home in a well-established suburban pocket. Its 671 sqm block with a 128 sqm floorplan offers a favourable land-to-building ratio, providing scope for future landscaping or extension without immediate necessity. The 2007 build year, combined with brick and tile construction and a fully fenced yard, reduces ongoing maintenance risk and supports immediate occupation. The property is best suited to an owner-occupier who values a quiet street, school catchment access, and a single-level layout with a separate master suite. The primary risk is the absence of recent comparable sales data, with the last transaction approximately 21 years ago, making precise valuation uncertain despite current estimates clustering around $900,000. The single living area may limit appeal for larger families or those desiring formal and informal zones. Rental yield at 3.57% is modest for the area, suggesting the property is better held for capital growth than immediate income. The buyer should proceed with a building and pest inspection given the property’s age, and consider a valuation before offering. Hold for medium-term family use or as a low-management investment in a stable corridor.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 24 Westminster Cres, Raceview QLD 4305
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Raceview is a family-oriented suburb with a stable, working demographic, currently experiencing exceptionally strong price growth and rapid sales turnover. Demand is driven by owner-occupiers, evidenced by high mortgage uptake and swift market activity. Recent conditions show a consistently hot market with houses selling quickly. Future growth is underpinned by this sustained high demand, though the market’s current pace may present a constraint if affordability pressures emerge.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

671mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat