10 Carmody Close, Nudgee QLD 4014
10 Carmody Close, Nudgee QLD 4014
4 bed family house | 841m² land | Carmody Close | strong family demand | airport-suburb convenience
This is a genuinely rare find for Nudgee. The 841m² allotment is well above typical infill stock, giving you space for a pool, side access, or future redevelopment potential that most newer townhouses and small-lot houses simply cannot offer. The four-bedroom, two-bathroom layout suits a family buyer who wants room to grow without moving suburbs. The close itself is quiet, and the area’s mix of established homes and new estates means you get both character and modern amenity nearby. It sits comfortably above standard suburban offerings, and for a buyer prioritising land over finishes, this property delivers a strong competitive edge.
Value will hinge on the condition of the existing house and how much renovation or updating you are prepared to take on. The large block may support subdivision or a granny flat, but any such plans depend on council zoning and site constraints that need checking. Proximity to the airport and train line adds convenience, though it may bring noise in parts—worth a site visit at different times. The 2013 street sale at $485,000 is dated and not a reliable guide; recent sales nearby show a far higher price level, so your offer should reflect current market realities rather than historical figures.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Carmody Close, Nudgee QLD 4014
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Nudgee is a well-connected suburban market where houses sell in 18–24 days and median prices have grown 9.5–10.1% annually to $1.265 million. Demand is concentrated among buyers prioritising transport access—the suburb sits near Queens and Weyers Roads and rail links—and rental growth of 3.3–5.3% supports investor interest. The house market is tight, with a modest annual sales count of 17–65 and a gross yield of 3.26%; units have grown 15.8% annually to an $880,000 median, though supply there is constrained. Future growth will hinge on continued connectivity advantages and limited stock, but affordability is the key constraint: at current prices, rate-sensitive buyers may pull back, and low days-on-market means any demand shock would quickly soften conditions.
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PropCred Estimated Value
Comparable Sales: 3 Carmody Close sold $1.605M on 604m² | Property Price Band: $1.5M–$1.6M | Value Drivers: land size, quiet close location, layout flexibility
Bedrooms
4
Bathroom
2
Parking
2
Land
841m²
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