27 Byron Avenue, Newport QLD 4020
27 Byron Avenue, Newport QLD 4020
4-bed modern house | 356m², no rear neighbours | Separate lounge as 5th bedroom | Ducted air-con, plantation shutters | Newport waterside family demand
This four-bedroom, two-bathroom house is regarded as a strong example of Newport’s newer stock, with the most sought-after family configuration. A separate lounge is provided as a flexible fifth bedroom. The kitchen is finished above standard with stone benchtops, a 900mm gas cooker and butler’s pantry. Privacy and low-maintenance livability are delivered by the no-rear-neighbour position, fenced yard and screened entertaining area, rare on a mid-sized lot. A move-in-ready feel is created by ducted air conditioning and plantation shutters. It is best suited to families wanting a modern, low-maintenance house; investor appeal is supported by rental demand.
Value may be influenced by the balance between lot size and house quality, with the private rear position supporting price beyond land alone. Flood planning controls apply in parts of Newport; the overlay status should be confirmed. The suburb’s modest house yields may temper investor appetite, so the best price is likely to be achieved by an owner-occupier.
>> Comparable Sales: 33 Byron Avenue, 4-bed on 355m², sold at approximately $1.35M; 41 Byron Avenue, 4-bed on 316m², sold near $1.25M | Property Price Band: $1.3M–$1.4M | Value Drivers: presentation, private rear position, flexible layout
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Byron Avenue, Newport QLD 4020
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Newport is a high-value, tightly held market: house median $1.49M, annual growth 12.7-13.8%; units $1.4-1.5M, growth 12-20%. Demand is led by professionals and managers, with 33% over 55, 38% owning outright, and 46% childless couples-pointing to downsizer and lifestyle buyers. House sales hit 206 in 12 months; selling times span 44-76 days. Gross yields are thin at 3.1-3.5% (houses) and 3.2-3.7% (units). Childcare availability adds a family angle, but the mature demographic skew limits that. High entry prices and low rental returns are the key risks.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
356m²
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