8 Cronin Close, Gordonvale QLD 4865
8 Cronin Close, Gordonvale QLD 4865
3-bed house | 600m² block | solar & shed | Gordonvale catchment | close-positioned
This property holds a genuine edge for its size: a 254m² floorplan on a fully fenced 600m² block is uncommon in Gordonvale, where many houses sit on smaller footprints or much larger rural lots. The combination of solar panels, secure parking, a shed, and an outdoor entertainment area makes it a low-maintenance, move-in-ready package for families seeking a modern suburban layout without acreage upkeep. It suits a buyer who wants the practical comforts—air conditioning, dishwasher, built-in robes—plus the privacy of a close, rather than a through-road, while still being within the catchment for the local state school and high school. The 42% building coverage and single-level character suggest a house that uses its land efficiently, leaving room for outdoor living.
The value picture may hinge on how the 254m² footprint is perceived against newer builds in the area, which often offer similar floor space on comparable blocks but with fresher finishes. The absence of a confirmed build year means condition and presentation will carry more weight than age alone. The close position likely limits traffic noise, but it may also reduce the elevated outlook that some Gordonvale pockets command. Buyers should weigh the practical strengths—solar, shed, secure parking—against the possibility that a larger land parcel elsewhere could offer more privacy or future flexibility. The estimated rental income of $715/week suggests steady demand, but the final price may depend on how much value is placed on the efficient, ready-to-use layout versus the potential of a bigger block.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Cronin Close, Gordonvale QLD 4865
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Gordonvale (QLD 4865) is a lifestyle-driven market with rural touches and convenient amenities. Demand comes mainly from owner-occupiers with mortgages (57% of owners) and a notable single cohort (21%), drawn by affordable pricing and varied housing. The median house price sits at $680,000, with 18.26% annual growth and 162 sales over the past year. Houses average 14 days on market, and vacancy is 0.36%, supporting gross yields of 4.75–5.38% for houses. Future drivers include affordability relative to Queensland and local infrastructure. Risks: the aggregate median house price is $561,417, far below the state average, suggesting little room for capital growth; prices may stay flat or edge up. Stock has dropped 33.3% year-on-year, reflecting constrained supply rather than distressed selling.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 4-bed house on 5,422m² sold for $1.0M; 4-bed on 600m² sold for $800K | Property Price Band: $800K–$900K | Value Drivers: floorplan size, solar and shed, close position
Bedrooms
3
Bathroom
1
Parking
1
Land
617m²
URL has been copied successfully!