124/1 Bass Court North Lakes QLD 4509
124/1 Bass Court North Lakes QLD 4509
3 bed townhouse |142mΒ² lot |Flood overlay |School catchment |Recently sold $580k|This three-bedroom townhouse on a 142sqm lot suits first-home buyers or downsizers seeking low-maintenance living near schools. Positioned in a quiet, well-maintained complex, it delivers practical space with courtyard access, air conditioning throughout, and a single remote garage for everyday ease. The modest lot size prioritizes ease over expansion, appealing to those avoiding larger yard upkeep. Buyers drawn to similar townhouses here often include young professionals or retirees valuing NBN fibre and 5G coverage without the premium of freestanding homes. Recent local sales of comparable units show steady demand, with this one achieving $580,000 last August amid firming prices. A flood overlay tempers immediate upside but underscores insurance considerations in buyer decisions. School catchments for Bounty Boulevard State and North Lakes State College add reliable family pull in this pocket. Long-term, its position in a stable community supports holding value as North Lakes infrastructure grows incrementally. Market behaviour for these suggests quick turnover when priced right, balancing lifestyle with affordability.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Demand in North Lakes is underpinned by the expanding Westfield precinct with IKEA and Costco plus a growing business park and Mango Hill train link, so families and owner-occupiers value the schools, recreation and retail they can access. Buyers lock in the still-strong rental market while median houses hover near $950k and units around $720k, with short days-on-market confirming solid appetite. Risks include ongoing supply additions and rental yields a touch below greater Brisbane averages, yet employment and retail expansion keep growth runway open while recent months have seen prices hold firm with moderate upward momentum.