49 Parkway Circuit, Worongary QLD 4213
49 Parkway Circuit, Worongary QLD 4213
New-estate display precinct | compact 448m²-class lot | premium family build | strong digital infrastructure | active builder presence
This property sits within a newly developed display-home precinct, which gives it a distinct advantage over standard Worongary stock. The surrounding houses are contemporary, built to high specification, and positioned on compact, well-planned lots. That configuration suits buyers who want a modern, low-maintenance family home without the upkeep of acreage. The street itself is active with builder showrooms, which keeps presentation standards high and signals ongoing demand for new housing in this pocket. For a family upgrading from an older home or moving from the coast, this offers a turnkey lifestyle with strong amenity and a clean, predictable footprint.
The value picture here is shaped by several factors that may influence what a buyer is willing to pay. The bushfire overlay on nearby lots could affect insurance costs, and the display-home nature of the street means more visitor traffic and signage than a typical residential cul-de-sac. The compact lot size, relative to the broader Worongary market, may limit privacy and outdoor space. On the positive side, the modern build, fibre internet, and strong mobile coverage are features that hold appeal for working families. A buyer should weigh the convenience of a finished, high-spec home against the trade-off of less land and a busier street environment.
|| Comparable Sales: 47 Parkway Circuit sold for $2.0M in Jul 2025 | Property Price Band: $1.9M–$2.1M | Value Drivers: modern build quality, compact lot, display-precinct location, fibre connectivity
Detailed Independent Property Report prepared by PropCred Analyst team for 49 Parkway Circuit, Worongary QLD 4213
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Worongary is a high-growth, high-income suburb with median house prices surging between 13-23% annually, indicating strong buyer competition. Demand is driven by affluent households, evidenced by median weekly rents of $1,200 and rapid sales, with houses averaging just 22 days on market. This robust activity, supported by solid rental yields of 4.14%, points to sustained investor and owner-occupier interest. Future growth will hinge on continued high-income migration and limited new supply, though the market’s recent velocity suggests sensitivity to interest rate changes.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 47 Parkway Circuit sold for $2.0M in Jul 2025 | Property Price Band: $1.9M–$2.1M | Value Drivers: modern build quality, compact lot, display-precinct location, fibre connectivity
Bedrooms
4
Bathroom
2
Parking
2
Land
431m²
URL has been copied successfully!