77 Ontario Cres, Parkinson QLD 4115
77 Ontario Cres, Parkinson QLD 4115
5 bed | 3 bath | 4 car | 800m² lot | 1996 build | $1.36M sold
This house sits on a large 800m² block in Parkinson, a configuration that is uncommon in the suburb’s typical family housing stock. The five bedrooms and three bathrooms, combined with four car spaces, position it firmly in the larger family-home segment, appealing to multi-generational households or buyers needing substantial space and parking. The 1996 build year means it is an older-established home, not new, but the presence of floorboards, air conditioning, an alarm system, and built-in wardrobes suggests a mid-to-upper residential fitout that should feel comfortable without being contemporary. This property serves buyers who prioritise detached living, generous land, and functional room counts over modern finishes or turnkey condition.
The June 2024 sale price of $1,361,500 provides a concrete market signal, though the 1996 construction age may mean higher maintenance exposure compared to newer stock, particularly for roofing, plumbing, or electrical systems. The large lot and older build could also limit appeal for buyers seeking low-maintenance or modern specification, which may affect resale velocity. Without confirmed details on orientation, easements, or flood overlay, a buyer should factor in potential site constraints when forming a view on price, and consider whether the land size offers future subdivision or extension potential that might justify a premium over the recent sale figure.
Detailed Independent Property Report prepared by PropCred Analyst team for 77 Ontario Cres, Parkinson QLD 4115
Market Insight:
Parkinson is a high-demand family suburb, evidenced by strong recent sales activity and sustained capital growth. Demand is driven by established households, supported by a robust rental market for larger homes. The market demonstrates resilience with consistent turnover, though broader affordability constraints and interest rate sensitivity remain key considerations for future price momentum.