4 Wicks Court, Alexandra Hills QLD 4161
4 Wicks Court, Alexandra Hills QLD 4161
4-bed lowset on 746m2 | top of quiet court | 3 living areas | single bathroom only | large usable block
A single-level 4-bedroom house on a 746m2 block is not commonly found in newer suburban development, and a quiet, elevated position at the top of a small court is held by this one. Three separate living areas are provided in a practical family layout, and everyday use is made easy by the lowset form, with the large backyard fully usable. In the established Alexandra Hills context, this combination of block size, single-level design, and court-side privacy is best suited to families who want space without buying into a premium new estate. It also appeals to buyers who value the potential to update a home that is already structurally and spatially sound, rather than paying for finishes they would not choose themselves.
Appeal may be limited by the single bathroom relative to two-bathroom homes, and maintenance expectations may be carried by older construction. Extension or renovation may be allowed by the generous block and court location. The cost of upgrading should be weighed against the benefit of a larger-than-standard parcel.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Wicks Court, Alexandra Hills QLD 4161
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Alexandra Hills, in Redland City near Cleveland, is a family-oriented suburb of detached houses. Demand comes from mortgaged family buyers, often trades households, drawn by schools and bus links to Cleveland station. House prices are $970k–$1.04M, up 12.8–17% annually; units, thinly traded, rose 15–30.8% to about $695k–$712.5k. Houses sell in 10–18 days, with ~244 sales in the past year, signalling strong turnover. Future growth depends on proximity to Brisbane and continued family demand. Key constraints: house yields are 2.8% below Brisbane’s average, unit yields 18% lower, and prices strain local affordability, leaving the market sensitive to rate rises and tight unit supply.
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PropCred Estimated Value
Comparable Sales: 9 Wicks Court sold for $489,000 in March 2021 | Property Price Band: $600K–$700K | Value Drivers: land size, quiet court location, renovation potential
Bedrooms
4
Bathroom
1
Parking
2
Land
746m²
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