8 Nambung Place, Parkinson QLD 4115
8 Nambung Place, Parkinson QLD 4115
4 bed | 3 car | 823 m² | cul-de-sac | family pocket
This house holds a genuine edge in its street and suburb. The three-car accommodation is uncommon for the area, where two-car homes on slightly smaller blocks are the norm, and the 823 m² lot gives it a practical advantage for families needing room for vehicles, storage, or outdoor extension. It sits in a low-traffic cul-de-sac, which typically supports quieter living and steadier resale appeal. The configuration suits a growing household with school-age children, particularly those prioritising proximity to Stretton State College and Algester State School. Buyers here are generally owner-occupiers seeking established, detached housing on generous land, and this property fits that profile squarely without being exceptional beyond its parking and block size.
Value may be shaped by the condition of the internal finishes, which are not confirmed, and the age of the build, which could influence maintenance expectations. The slightly larger block and extra car space might support a modest premium over comparable family homes, but the absence of verified upgrades or a standout aspect means its price is likely to track the local family-house norm rather than exceed it. Buyers should weigh the benefit of the cul-de-sac position against the need for any modernisation, as presentation will carry weight in this market.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Nambung Place, Parkinson QLD 4115
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
1
URL has been copied successfully!
Market Insight
Parkinson QLD 4115 is a family-dominated suburb where houses command a median of $1.318 million, having appreciated at a compound 10.7% annually. Demand is underpinned by established households earning between $78,000 and $130,000, with a weekly household median of $2,176. The age profile skews to 10-19 and 30-39, consistent with family buyers; 64% of owners carry mortgages, pointing to leveraged, income-secured demand. Rental pressure ise evident: three-bedroom homes average $780 weekly, four-bedroom $675, and five-plus bedroom $905, though the four-bedroom figure likely reflects mix. Sales volumes are moderate at 113-123 per year. Future growth hinges on broader Queensland population inflows and tight rental conditions, but constrained borrowing capacity remains a key risk, particularly for a suburb priced above the state median. Expanded deposit schemes may support the affordable segment, yet Parkinson’s premium position leaves it sensitive to rate cycles.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 11 Nambung Place sold $1.36M | Property Price Band: $1.3M–$1.4M | Value Drivers: land size, three-car parking, cul-de-sac position
Bedrooms
4
Bathroom
2
Parking
3
Land
823m²
URL has been copied successfully!