16 Waratah Close, Mackenzie QLD 4156
16 Waratah Close, Mackenzie QLD 4156
4 bed family house | 814m² block | school catchment zone | established street | finish level unknown
This property offers a solid family-house proposition in a suburb where detached homes on generous lots are the dominant draw. The 814m² block is a genuine advantage, providing space that newer premium builds in the area often lack, and the 4-bedroom, 2-bathroom layout suits a broad range of household configurations. Its position within the Mackenzie State Primary and Mansfield State High catchments strengthens appeal for buyers prioritising school access, making it a practical choice for long-term owner-occupiers rather than investors chasing high yields. The house sits in an established pocket where character is defined by mature gardens and quiet streets, and the configuration aligns well with what families in this corridor typically seek.
The condition and build vintage of the house remain the primary variables affecting its market position. If the interior reflects original finishes, the price point will likely sit at the lower end of the suburb’s family-house range, whereas evidence of renovation or modernisation could push it toward the middle tier. The large block also leaves potential for future extension or redevelopment, which may appeal to buyers willing to invest in upgrades. Buyers should weigh the trade-off between land size and the cost of bringing the house to their preferred standard, as this will materially shape their offer.
|| Comparable Sales: 10 Waratah Close sold $516,000; 25 Michelangelo Cres estimated $1.595M | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, condition, school catchment
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Waratah Close, Mackenzie QLD 4156
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Mackenzie is a tightly held family suburb, with demand anchored by established professionals seeking larger homes. This demographic dominance underpins robust house price growth, significantly outpacing the softer unit market. Recent sales activity reflects a competitive environment with low stock turnover, indicating sustained buyer pressure. Future performance will hinge on this continued demand from upsizing families, though sensitivity to broader affordability constraints remains a key consideration for the market’s momentum.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 10 Waratah Close sold $516,000; 25 Michelangelo Cres estimated $1.595M | Property Price Band: $1.1M–$1.2M | Value Drivers: land size, condition, school catchment
Bedrooms
4
Bathroom
2
Parking
2
Land
814m²
URL has been copied successfully!