23 Fitzroy Cres, Murrumba Downs QLD 4503
23 Fitzroy Cres, Murrumba Downs QLD 4503
Large 800m² block | Four-bed family house with three living zones | Established 1997 build | Strong family-school catchment | Quiet suburban street
This property holds a genuine competitive edge in Murrumba Downs because it combines an 800m² block with a four-bedroom, three-living-area layout—a configuration that is increasingly uncommon in a suburb where newer infill and townhouse product dominate. The 1997 build sits within an established housing cohort, offering generous indoor-outdoor flow, side access, and a formal and informal living split that suits growing families or those wanting dedicated workspace and media zones. It is best suited to owner-occupiers prioritising space, school catchments, and long-term suburban stability over modern finishes or turnkey presentation.
The value picture may be shaped by the property’s original-era finishes, which could feel dated against newer stock and might require a renovation budget for buyers seeking contemporary appeal. The large block and multiple living areas may support future extensions or dual-zone living, but any reconfiguration would depend on council approvals and the home’s structural condition—neither of which is confirmed from available information. Buyers should weigh the trade-off between established character and the cost of modernising, while also considering that the quiet street and family-oriented neighbourhood may sustain steady demand from similar households.
|| Comparable Sales: 24 Fitzroy Cres sold May 2025 (4/2/2, similar block) | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, three living areas, street location
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Fitzroy Cres, Murrumba Downs QLD 4503
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Murrumba Downs presents as a family-oriented suburb with strong demand from owner-occupiers and investors, evidenced by rapid sales and low vacancy. Recent price growth has been robust, particularly for units, driven by high purchaser activity and a tight rental market. Future performance will hinge on the balance between sustained demand from young families and the limited, though increasing, supply of available stock, which remains a key constraint.
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PropCred Estimated Value
Comparable Sales: 24 Fitzroy Cres sold May 2025 (4/2/2, similar block) | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, three living areas, street location
Bedrooms
4
Bathroom
2
Parking
2
Land
800m²
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