114 Spinnaker Boulevard, Newport QLD 4020
114 Spinnaker Boulevard, Newport QLD 4020
Modern 4/2/2 house on 350m² | 208m² floor area | Flood-zone overlay | Quick tenant uptake at $640/wk | Family school catchment
This is a modern detached house in a waterfront-adjacent Newport estate, on a compact 350m² block with a generous 208m² of internal floor area. The 4/2/2 configuration is the core family format here, and the house was leased within 7 and 14 days at $640 per week in 2022 and 2023, confirming solid tenant demand. It is positioned within the Hercules Road State School and Redcliffe State High School catchments, close to parks, waterfront paths and Newport Marketplace, suiting families, investors and downsizers seeking a low-maintenance modern home. The street is a settled, built-out environment with comparable homes from around 2017–2018.
Insurance premiums and resale appetite may be affected by the flood-zone overlay. The 350m² block is moderate; perceived price will likely be driven by presentation and condition. The $640 rent sits below street-level evidence of $750–$850, potentially indicating conservative letting or a condition difference. The final price may also be shaped by broader market movement.
Detailed Independent Property Report prepared by PropCred Analyst team for 114 Spinnaker Boulevard, Newport QLD 4020
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Newport is a high-value, tightly held market: house median $1.49M, annual growth 12.7-13.8%; units $1.4-1.5M, growth 12-20%. Demand is led by professionals and managers, with 33% over 55, 38% owning outright, and 46% childless couples—pointing to downsizer and lifestyle buyers. House sales hit 206 in 12 months; selling times span 44-76 days. Gross yields are thin at 3.1-3.5% (houses) and 3.2-3.7% (units). Childcare availability adds a family angle, but the mature demographic skew limits that. High entry prices and low rental returns are the key risks.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 22 Brindabella St sold $1.775M; Spinnaker Blvd 4/2/2 sales at $1.55M and $1.165M | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, floor area, flood overlay
Bedrooms
4
Bathroom
2
Parking
2
Land
350m²
URL has been copied successfully!