1 Wentworth Place, Narangba QLD 4504

1 Wentworth Place, Narangba QLD 4504
Move-in ready 4-bedder | converted garage as rumpus | no flood or bushfire overlay | school catchment stability The propertyโ€™s strongest buying case is its immediate liveability and low-risk positioning. Fresh paint, new carpet, and blinds remove the typical friction of post-settlement work, while the converted garage gives a functional fourth living zone or utility roomโ€”rare for a standard 2000s build. The absence of bushfire or flood overlays, combined with consistent school catchment demand, reduces long-term holding uncertainty. This house suits a family buyer who values time over renovation margin, or an investor seeking a stable rental corridor with minimal capital outlay. The main risk is the garage conversion; if a buyer needs two car spaces, reinstatement costs and lost floor plan flexibility must be factored. The 666mยฒ lot is typical for the estate, not oversized, so land-value uplift is modest. No prior sales data means price discovery relies on street comparablesโ€”#18 at $885k sets a recent ceiling. The opportunity is in the propertyโ€™s condition edge over nearby dated stock, which can compress vacancy and justify a slight premium. Hold for steady rental yield or occupy as a low-maintenance family home; donโ€™t buy expecting short-term land appreciation

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Narangba is a family-centric suburb experiencing robust demand, driven by its established demographic of young families seeking spacious housing. This has fuelled strong recent price growth, with houses transacting swiftly in a tight market characterised by low vacancy rates. Future performance will hinge on the suburb’s ability to absorb new supply and maintain its appeal to its core buyer segment amid broader economic conditions.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

1

Land

666mยฒ

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