1/11 Dunbavan Place, Norman Gardens QLD 4701

1/11 Dunbavan Place, Norman Gardens QLD 4701
Property notes for 1/11 Dunbavan Place, Norman Gardens QLD 4701 The property was listed for sale on 18 June 2026 as a villa in Norman Gardens. compact 3×1 villa | 1998 build | strata title | sub-$300k entry | Glenmore retail nearby This is a straightforward late-1990s villa in a small Norman Gardens cluster, offering a practical three-bedroom, one-bathroom layout with a single car space. Its modest 97-square-metre floor area and strata format make it a low-maintenance option that suits downsizers, first-time buyers, or investors looking for a budget-friendly entry point. The 1998 construction is relatively modern compared to older detached homes in the suburb, and the location near Glenmore Shopping Village adds everyday convenience. The property sits within a planned residential cluster of similar units, which gives it a consistent neighbourhood character but also means it competes directly with nearby identical stock. For a buyer seeking a simple, affordable home without the upkeep of a larger block, this villa fits that brief well. The 229-square-metre lot size, if that is the correct figure, limits land value and future expansion potential, which may cap long-term capital growth compared to detached houses. The one-bathroom configuration might narrow the buyer pool for families or tenants who prefer a second bathroom. Its strata title also means shared ownership of common areas, so body corporate fees and rules will apply, and these should be reviewed carefully. The sub-$300,000 sale history from 2023 provides a recent price anchor, but without confirmed rental data or yield figures, the investment case remains unclear. Buyers should weigh these factors against the property’s affordability and convenience when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1/11 Dunbavan Place, Norman Gardens QLD 4701
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk
Income Risk 2
Execution Risk
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Insight: Norman Gardens QLD 4701

Norman Gardens is a family-oriented suburb with strong professional demographics, underpinned by quality schooling. Demand is driven by a high proportion of purchasers and a significant rental market, creating competitive pressure. Recent price growth has been robust, reflecting a market where demand is trending upwards against slowing stock levels. Future momentum is supported by these demand drivers, though compressed rental yields indicate a market where capital growth has outpaced income returns, presenting a key constraint for investors.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

229m²

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