24 Shoalwater Circuit, Lammermoor QLD 4703

24 Shoalwater Circuit, Lammermoor QLD 4703
Modern 2018 build | strong owner-occupied street | below high-end valuation | quick local turnover The property presents a compelling opportunity for a buyer seeking a modern, low-maintenance house in a stable owner-occupied pocket of Lammermoor. Built in 2018, it avoids the compromise of older stock while sitting on a generous 723 sqm parcelโ€”rare for a contemporary build in this price bracket. The asking price, positioned below the higher end of valuation estimates and under the comparable at number nine, suggests room for negotiation in a market where three-bedroom houses turn over quickly, averaging 23 days. This property best suits a family or investor prioritising a solid, move-in-ready home with fibre-to-premises connectivity and good school catchment access, without paying a premium for a four-bedroom floorplan. The primary risk lies in the listing’s recency, which may signal that the vendor is testing the market rather than motivated, potentially limiting early negotiation leverage. However, the low auction clearance rate and the property’s ask exceeding the local median for three-bedroom houses create a natural buffer for a buyer to anchor below the $775,000 guide. The absence of flood or bushfire overlay and the high owner-occupier ratio on the street (85 percent) mitigate long-term holding risk, while the 2018 build year reduces immediate maintenance exposure. A buyer should target a price that reflects the property’s modern condition but not the aspirational valuation estimates, as the market’s steady but not overheated character favours disciplined negotiation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 24 Shoalwater Circuit, Lammermoor QLD 4703
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Market Insight:

Lammermoor presents as a high-performing coastal suburb near Yeppoon, characterised by strong price growth and tight supply. Demand is driven by a relatively affluent demographic and investors attracted by solid rental yields. The market exhibits robust capital appreciation, though properties move at a measured pace, indicating selective buyer activity. Future growth is underpinned by its regional appeal and sustained investor interest, yet key constraints include affordability pressures from elevated prices and limited available stock, which could temper accessibility.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

723mยฒ

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