178/1 Bass Court, North Lakes QLD 4509
178/1 Bass Court, North Lakes QLD 4509
4 bedrooms in a compact townhouse | wide valuation spread | 104mยฒ lot | master-planned suburb | last sold mid-2022
This townhouse is competitively positioned in North Lakes as a higher-density product offering four bedrooms and three bathrooms, which is above the typical size for the format and may appeal to buyers needing extra internal space without a large land commitment. Its compact 104mยฒ lot and townhouse configuration suit owner-occupiers seeking low-maintenance accommodation, as well as investors targeting multi-bedroom stock in a master-planned suburban market. The property’s larger internal layout, relative to many similar townhouses, gives it a functional edge for families or sharers who prioritise bedrooms over outdoor area.
The wide spread between recent automated estimates suggests the market has not yet settled on a clear value for this townhouse, and the last recorded sale in mid-2022 at a lower figure may indicate that capital growth has been substantial but is not fully confirmed by comparable transactions. The limited land size might constrain appeal for buyers who value private outdoor space, and the absence of verified building age, finishes, or parking details means the condition and configuration could materially affect the final price. A buyer should weigh the internal size advantage against the compact footprint and seek clarity on body corporate costs and shared amenities before forming a view on value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 178/1 Bass Court, North Lakes QLD 4509
Market Insight:
North Lakes is a high-growth, family-dominated suburb, with 53% of households being couples with children. Demand is driven by this demographic seeking affordable, family-friendly living, evidenced by houses selling in just 14-16 days. The market is exceptionally strong, with house prices up 10.4% and unit prices surging 25.8% over the past year. Future growth is underpinned by sustained rental demand, with unit rents rising 22.6%, though the median house price of $982,500 presents a key affordability constraint relative to local incomes.