6 Ellem Drive, Chinchilla QLD 4413
6 Ellem Drive, Chinchilla QLD 4413
4-bed family house | 615sqm lot | Chinchilla QLD | $255k last sale | $503k estimated value
This property offers a solid family-sized configuration on a reasonably proportioned lot, which is well suited to owner-occupiers seeking a detached house in a low-density regional setting. The internal area of 129 square metres provides comfortable living space for a household, and the two-bathroom, two-car layout is practical for everyday use. Its location on Ellem Drive places it within a residential street consistent with the surrounding neighbourhood character, making it a straightforward choice for buyers focused on a conventional family home rather than a high-density or investment-oriented property.
The estimated value of approximately $503,000 may be influenced by the significant gap from the 2022 sale price of $255,000, which could reflect broader market changes or improvements made since then. Without confirmed build year or finish details, a buyer might need to consider the condition and age of the property when forming a view on price. The absence of verified school catchment data or nearby comparable sales means the final value will depend heavily on a physical inspection and local market context.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 6 Ellem Drive, Chinchilla QLD 4413
Market Insight:
Chinchilla is a dynamic regional centre experiencing robust demand, driven by its strategic position servicing the agricultural and resources sectors. This has attracted young families and investors, creating a competitive market with exceptionally strong recent capital growth and high rental yields. Future prospects are underpinned by its economic links, though rapid price appreciation and limited supply present affordability constraints and sensitivity to interest rate movements.