9 Devlin Street, Parkwood QLD 4214
9 Devlin Street, Parkwood QLD 4214
5 beds on 848m² | Pool and solar already in place | Family-oriented Parkwood setting | Larger-than-typical floorplan
This house stands out for its size and completeness. Five bedrooms and two bathrooms on an 848m² block places it above the standard three-to-four-bedroom stock common in the area, making it a strong fit for families who need room to spread out. The pool and solar panels add practical everyday value—cooling in summer, lower power bills year-round—without requiring immediate work. Its elevated position and lack of flood or bushfire overlay concerns give it a quiet resilience that many buyers overlook. The configuration suits established households or upgraders who want a settled, move-in-ready home rather than a project.
The value picture here hinges on how the internal condition compares to expectations. The 2007 purchase price suggests the structure has age, and without confirmed renovation details, a buyer might need to budget for updating kitchens, bathrooms, or finishes to match modern standards. The inconsistent data on bedroom and parking counts across sources could reflect genuine quirks or simple listing errors, which warrants a physical inspection. Land size and the existing pool are durable positives, but the final price will likely depend on how well the house presents against similar large-block family homes in the area.
|| Comparable Sales: 13 Devlin Street sold around $1.37M for 3 beds on 879m² | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, five-bedroom layout, pool and solar condition
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Devlin Street, Parkwood QLD 4214
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Parkwood, on the Gold Coast, is a tightly held market of 8,837 residents, with young professionals aged 20–29 driving demand. House prices have climbed to a median around $1.23 million, reflecting 5–7% annual compound growth and 97–109 sales in the past year. Supply is scarce: only six to eight listings last month, while rentals for larger homes remain firm at $950–$1,700 weekly. Future growth hinges on continued professional migration and road links via Southport Nerang Road. Key risks are affordability—prices exceed the state median of $845,870—and income pressure that could temper buyer capacity.
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PropCred Estimated Value
Comparable Sales: 13 Devlin Street sold around $1.37M for 3 beds on 879m² | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, five-bedroom layout, pool and solar condition
Bedrooms
5
Bathroom
2
Parking
2
Land
848m²
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