1 Gem Road, Kenmore QLD 4069
1 Gem Road, Kenmore QLD 4069
3/1/1 house with pool | 713m² on leafy Kenmore street | Strong state school catchments | Detached with balcony and secure parking | Mid-tier older-style home
The property is positioned within Kenmore’s leafy, family-oriented residential character. A practical space is provided by its 713m² block and 243m² floorplan. The pool, balcony, air conditioning, and timber floors are counted as genuine livability features, while the absence of flood, bushfire, or heritage overlays is viewed as a reduction in insurance and development uncertainty. The school catchment position, including Kenmore South State School and Kenmore State High School, is considered a strong draw for education-focused buyers. As a detached house with secure parking, it is suited to families or downsizers seeking single-level convenience without the upkeep of a larger estate. The moderate building coverage and 9m roof height are seen to create a light, open internal feel and scope for future internal updates. This is not a premium ridge-line property, but it is regarded as a solid, well-located family home that competes well for buyers prioritizing school access and suburban amenity over prestige outlook.
The value of the property may be influenced by its three-bedroom, one-bathroom layout, which might limit appeal to larger families expecting multiple bathrooms. The land size, while typical for the suburb, is not generous enough to offer elevation or view advantages, and the condition of the kitchen and bathroom could play a significant role in how the house is priced. Infill development on the street, such as a sold-out estate of eleven new homes, may have shifted buyer expectations toward newer builds, but it also confirms redevelopment interest in the area. A buyer should weigh the cost of any potential renovation against the property’s existing strengths.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Gem Road, Kenmore QLD 4069
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Kenmore is a high-demand, family-centric suburb with over 80% owner-occupancy, where professionals and couples with children drive a robust market. Recent data shows strong annual house price growth of 7.5-9.5%, with units surging at 13.9%, supported by low stock and houses selling in a median of 23 days. Future growth is underpinned by significant five-year capital gains, though limited unit sales data and low rental yields indicate a tight, supply-constrained market sensitive to interest rates.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 15 Gem Road $2.251M, 33 Gem Road $675K | Listed Price Band: $1.5M–$1.6M | Value Indicator: land size, layout, pool, street position
Bedrooms
3
Bathroom
1
Parking
1
Land
713m²
URL has been copied successfully!