2 Fitzsimmons Street, Keperra QLD 4054

2 Fitzsimmons Street, Keperra QLD 4054
Corner block | Renovated 4-bed family home | High coverage | Strong school catchments This property presents a competitively strong, low-maintenance family proposition. Its complete renovation on a corner block with dual living areas and five car spaces creates immediate utility and broad appeal, best serving owner-occupiers seeking a turnkey solution in established catchments. The high building coverage and large footprint maximise the usable 620m² allotment, a tangible advantage over newer stock with greater setbacks. The primary risk is the detected bushfire overlay, which necessitates due diligence on insurance premiums and potential construction costs. The recent 2024 sale suggests a vendor seeking rapid capital gain, compressing negotiation runway. For a buyer, the opportunity lies in securing a modernised home without project risk in a high-demand segment. Acquire for long-term hold; the configuration supports both family living and future rental flexibility. Last sold for $1,330,000 in September 2024. This recent transaction, just six months prior to the current listing at an estimated $1.7 million, indicates a vendor with a short-term investment horizon. This rapid resale typically signals either a value-add renovation was completed, or the vendor is testing a significantly heated market. For a buyer, it establishes a firm recent price anchor, making the current asking premium a direct reflection of perceived renovated value and market momentum.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2 Fitzsimmons Street, Keperra QLD 4054
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Insight: Keperra QLD 4054

Keperra is a high-demand suburb with a robust and fast-moving house market, driven by young professionals attracted to its strong transport links and family-friendly lifestyle. House prices have surged significantly, with properties selling exceptionally quickly, reflecting intense competition. This growth is underpinned by active sales volumes and a tight rental market. However, the unit segment remains stagnant with very limited activity, presenting a clear divergence in performance and a key constraint for broader market diversity.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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