1 Willow Rise Drive, Waterford QLD 4133
1 Willow Rise Drive, Waterford QLD 4133
Modern 4-bed family house | Compact 320-400m² lot | Elevated bushland outlook | Strong rental demand | Recent estate build
A competitively strong position is held by this modern detached house in a newer Waterford estate. A four-bedroom, two-bathroom configuration with a double garage is offered, along with a compact, low-maintenance lot suited to families and investors. Above-average standing for the suburb is given by the recent construction era and elevated bushland outlooks. Family-oriented features such as fenced yards, air conditioning, and outdoor entertaining are commonly found in this pocket, by which a clear fit for owner-occupiers is established. Suitability for investors is also provided by the active rental demand.
Value may be influenced by compact land size and high site coverage, with extension options potentially limited. A significant pricing role could be played by presentation and condition, as modern finishes are rewarded. Desirability may be added to by aspect and bushland proximity, while absence of confirmed overlays might be a risk reducer. Weighed by buyers should be the balance between a manageable footprint and the premium for newer construction.
>> Comparable Sales: a similar 4-bedroom house on the street sold for $550,000 in 2022 | Property Price Band: $900,000-$1,000,000 | Value Drivers: presentation, land size, elevated outlook
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Willow Rise Drive, Waterford QLD 4133
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Waterford, in Logan, is a family-oriented market with strong absorption: houses sit around $843,750 after 14.8% annual growth, while units have climbed to $588,000 on a 20.7% surge. Demand is underpinned by local households, many with children, a majority of owners holding mortgages, and a healthy rental segment, evidenced by house rents near $650 weekly and yields around 4.26%. Sales activity is solid, with roughly 96-114 house transactions annually, and stock is lean, keeping days on market in the mid-to-low 30s at worst. Future growth is supported by ongoing price momentum, particularly in units, though limited supply and thin unit sales data temper the picture. Affordability is a constraint: median household income sits below the greater Brisbane average, and rate sensitivity is elevated given the high share of mortgaged owners. Access via Logan roads to Brisbane remains a practical, if unremarkable, demand lever.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
668m²
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