12 Bunya Place, Seventeen Mile Rocks QLD 4073
12 Bunya Place, Seventeen Mile Rocks QLD 4073
Large 880m² block | Backing parkland | End cul-de-sac | Renovated 4-bed | Elevated deck
A rare position in the suburb is held by this property, with a generous 880m² allotment that is backed directly by parkland. A quiet cul-de-sac setting is enjoyed, offering exceptional privacy and a leafy outlook that is difficult to find in established areas. The renovation is presented to a high standard, featuring bamboo flooring, modern bathrooms with premium finishes, and a substantial 50m² timber deck that seamlessly extends the living space outdoors. This combination of land, presentation, and location is best suited to family buyers seeking a turnkey home, as well as owner-occupiers who value proximity to Oxley train station and major transport corridors. The property is considered above typical suburban stock, sitting within a small suburb that is known for its premium market positioning and limited turnover.
The underlying age of the original dwelling may not be fully revealed by the renovation, and the condition of the core structure could require inspection. The appeal of the parkland outlook might be influenced by the future use of adjoining green space, which is not currently documented. Ongoing maintenance of the large elevated deck and the efficiency of the solar panel system may affect long-term living costs. These are practical considerations that could shape price expectations, but they are unlikely to diminish the property’s broad appeal given its scarcity and strong presentation.
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Bunya Place, Seventeen Mile Rocks QLD 4073
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
This suburb is anchored by low-density residential housing and a modest industrial base, with buyers dominated by couples with children carrying mortgages. A median house price around $1.32 million and annual growth of 9-29% across sources reflect strong demand, supported by quick sales—21 days median, 13 for four-bedders. Rental yield sits at 3.43% and median weekly rent at $720, while the sales volume of roughly 35 houses per year indicates constrained supply. Future growth drivers include robust owner-occupier demand and limited unit stock, but affordability pressure from high prices and a $2,061 monthly median mortgage, plus low inventory, temper upside velocity.
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PropCred Estimated Value
Comparable Sales: 6 Bunya Place (sold) | Property Price Band: $1.2M–$1.3M | Value Drivers: condition, land size, parkland outlook
Bedrooms
3
Bathroom
2
Parking
2
Land
880m²
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