244 Mount Cotton Road, Capalaba QLD 4157
244 Mount Cotton Road, Capalaba QLD 4157
4-bed family house on 600m² | 1980 build with 163m² internal | Bushfire overlay noted | Capalaba State College catchment
This is a solid, conventional family house in a suburb where detached homes on usable land remain the core of local demand. The 4-bedroom, 1-bathroom configuration is practical rather than generous, but the 600m² block and 163m² of internal space give it genuine scope for a buyer wanting to add a second bathroom or update the original 1980 layout. It sits comfortably within Capalaba’s established residential corridor, close to schools and retail, and the single-car garage is the main functional compromise for a family property. The house best suits owner-occupiers—particularly young families or first-time upgraders—who value location and land over polished finishes, and who are prepared to invest in renovations over time. Its age and basic amenity mean it will not compete with recently upgraded stock, but for a buyer seeking a foothold in a well-connected suburb, it offers a workable canvas rather than a finished product.
The bushfire overlay is the most material factor to weigh, as it may influence insurance costs and any future extension or rebuilding plans. The single bathroom and single garage also limit appeal to a narrower buyer pool, which could soften competition compared to more complete family homes nearby. The 1980 build year suggests older wiring, plumbing, and insulation are likely, so a thorough building inspection is advisable before committing. On the positive side, the absence of flood and heritage overlays removes two common constraints, and the HFC NBN connection is a practical plus for remote work. The rental estimate of approximately $735 per week indicates reasonable income potential if the house is leased rather than occupied, though the dated condition may require modest expenditure to achieve that figure.
Detailed Independent Property Report prepared by PropCred Analyst team for 244 Mount Cotton Road, Capalaba QLD 4157
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
under 900 chars. Must cover points. AFR-style precise. No demographic data like wages, but qualitative. Need suburb Capalaba. Position. Demand drivers. Price trends. Future drivers risks. Use data. No advisory. Write one paragraph. Need include name, positioning. Demand: couples with children, trades, high owner-occupancy, rents up, population growth. Price: houses $935k +8.8%, $1M +11.7%, units $700k +20.7%. Days on market 26. Rental yields 3.5/3.6. Risks: price range, mortgage repayments high, sales volume variable, rate sensitivity. Future drivers: infrastructure proximity, parks, schools, population growth. Need no median wages. Let’s craft. Count characters. Ensure <900.Capalaba sits in Redland City, a family-oriented market where demand is driven chiefly by couples with children aged 30–49, many working in trades. Owner-occupancy is high at 72.3%, and the suburb’s 42 parks, school catchments, and access to Redland amenities reinforce its appeal. Conditions have tightened: houses are selling in a median 26 days, with prices ranging from $935,000 (up 8.8% annually) to $1,089,283, while one estimate puts growth at 11.7% to $1,000,000. Units are stronger, up 20.7% to $700,000 in one series. Gross rental yields remain modest at 3.5% for houses and 3.6% for units, but rental demand is firm—house rents rose up to 4.8% and unit rents 6.3% over the past year. Population grew 3.9% from 2016–2021, underpinning future demand. The principal constraints are affordability and rate sensitivity: median prices near $1 million imply substantial mortgages, and annual sales volume varies widely between 85 and 219 houses, signalling uneven supply. Rapid price appreciation leaves the market exposed to rising interest rates.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 4/115 Mount Cotton Road villa sold $645k–$650k range for 2-bed product; 4-bed detached homes in the street have traded around $825k–$950k | Property Price Band: $0.9M–$1.0M | Value Drivers: Land size, original condition requiring updates, single-bathroom layout, bushfire overlay
Bedrooms
4
Bathroom
1
Parking
1
Land
600m²
URL has been copied successfully!