12 Cedar Close, Albany Creek QLD 4035
12 Cedar Close, Albany Creek QLD 4035
Renovated 4-bed family house | 610m² in Albany Forest Estate | Cul-de-sac privacy | Premium finishes throughout | Strong school catchment appeal
This is a competitively strong family property in a suburb where renovated stock is the exception rather than the rule. The 4/2/2 configuration on a 610m² block sits squarely within Albany Creek’s typical detached-house profile, but the interior quality lifts it above the baseline—new kitchen with stone benchtops, ducted air conditioning, timber flooring, plantation shutters, and a master suite with a rainfall shower and custom wardrobe. The outdoor entertaining area, private spa, and low-maintenance artificial turf add genuine lifestyle appeal for buyers who want move-in condition without ongoing yard work. It serves best the established owner-occupier family, particularly those prioritising school catchment access and a quiet, park-adjacent pocket with conservation land nearby.
The property’s value may be shaped by how much weight buyers place on the renovation versus the land itself. The 610m² block is modest by estate standards, and while the house is presented exceptionally well, the lack of stated building age or orientation leaves some uncertainty about long-term efficiency and natural light. The cul-de-sac position and estate character support a premium, but the absence of a train station in the immediate area and the suburb’s reliance on car transport might temper demand from buyers seeking higher connectivity. The strong rental yield signals in the suburb—around 3.2% on comparable houses—suggest investor interest exists, though this property’s finish level likely appeals more to owner-occupiers willing to pay for condition.
|| Comparable Sales: 15 Meranti Crescent sold $1.2M in 2014 on 880m²; 12 Allawah Street valued $1.26M on 607m² | Property Price Band: $1.1M–$1.2M | Value Drivers: Renovation quality, cul-de-sac location, school catchment access
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Cedar Close, Albany Creek QLD 4035
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Albany Creek is a family-oriented northern suburb with a professional household skew; couples with children make up 51% of households and buyers 47% of residents. House prices have climbed to a median of $1.2 million, with annual growth of 12.5-13.8%, while units lag at $875k-$886k with slower gains. Houses sell in 12-47 days, indicating firm demand, and annual house sales of roughly 199 provide solid market depth. Rental yields are modest at 3.3% for houses and 3.6% for units, supported by healthy rental demand. Future growth relies on the suburb’s lifestyle and family appeal, though high entry prices present the principal affordability risk.
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PropCred Estimated Value
Comparable Sales: 15 Meranti Crescent sold $1.2M in 2014 on 880m²; 12 Allawah Street valued $1.26M on 607m² | Property Price Band: $1.1M–$1.2M | Value Drivers: Renovation quality, cul-de-sac location, school catchment access
Bedrooms
4
Bathroom
2
Parking
2
Land
610m²
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