1 Meteor Street, Mount Sheridan QLD 4868

1 Meteor Street, Mount Sheridan QLD 4868
5 bedrooms, 843 square metre lot, residential house. Sold in 1996 for $54,000. Not currently on the market. The property is positioned as a larger than average family home on a generous block within Mount Sheridan. This property is competitively positioned as a rare five-bedroom house on an 843 square metre lot, which is a configuration not commonly found in the street’s typical three to four bedroom stock. The larger floor plan and substantial land area offer genuine flexibility for a family seeking space without the constraints of newer, smaller infill developments. The property sits within a low-density residential street that has strong connectivity and is within the Bentley Park College catchment, making it particularly suited to buyers prioritising school access and room to grow. The absence of bushfire or flood overlays adds to its appeal as a straightforward family proposition. The sale price may be materially influenced by the property’s age, with the 1996 transaction suggesting a build from that era which could require ongoing maintenance compared to newer stock. The specific bathroom and parking configuration remain unclear from available data, which may affect how the property compares to recent street sales. Buyers should weigh the potential for a larger floor plan against the possibility of fewer bathrooms or parking spaces than expected for a five-bedroom home. The lot size may also offer subdivision potential, though this would require confirmation from council.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1 Meteor Street, Mount Sheridan QLD 4868
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk 2
Income Risk
Execution Risk ! 1
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Market Insight

Mount Sheridan is a family-oriented suburb with strong demand driven by its relative affordability and established community. Recent price growth has been robust, supported by a highly active sales market where properties transact swiftly, indicating sustained buyer competition. Future prospects are underpinned by this consistent demand from owner-occupiers, though the market’s limited unit supply presents a notable constraint on diversity and choice for investors.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

843m²

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