50 Burke Cres, Mudgeeraba QLD 4213

Owner-occupied street | 615sqm family block | 4 parking spaces | Primary school catchment | Established suburb with strong median This property sits on a generous 615sqm block in a street where 95% of residents are owners and 91% have lived there over five years, which signals low turnover and high neighbourhood stability. The four parking spaces are a genuine rarity for a house of this size and floor area, giving it an edge for multi-car families or those requiring secure storage. Positioned within 1.3km of Mudgeeraba State School and with a suburb median of $1.35m, the price estimates align well with the local market, making it a credible entry point for a family seeking long-term hold in a proven corridor. The main risk is the lack of recent sale data on the street itself, which limits direct comparables and may require a cautious approach to valuation. The 2004 last sale date without price history means the vendor’s cost base is unknown, potentially creating negotiation asymmetry. For a buyer, the opportunity lies in the low rental turnover and family demographic—this property suits an owner-occupier who will benefit from school catchment stability and low street churn. Hold it as a primary residence and let the established suburb’s median growth do the work.