11/104 Ewing Road Woodridge QLD 4114
11/104 Ewing Road Woodridge QLD 4114
Townhouse in established complex | 3 bed 2 bath format | Conflicting size data requires verification | Catchment for local schools
The primary risk is the significant data inconsistency on land and floor area, which directly impacts valuation accuracy and financing; a buyer must commission a professional measurement to anchor their offer. The opportunity lies in acquiring a three-bedroom townhouse, a format in consistent demand, at a price point below detached housing in the area. This property is best held as a long-term rental, leveraging its school catchments, though the current rental estimate disparity suggests a value-add potential through lease renewal.
Its competitive strength is the two-bathroom configuration, including an ensuite, which is premium within the townhouse segment and supports strong rental or owner-occupier appeal. The garage and balcony add practical utility, positioning it for small families or investors seeking a low-maintenance holding. It serves the budget-conscious buyer entering the Logan market, offering more space than a unit without the land cost of a house.
Given the data conflicts, your immediate action is to validate the physical dimensions and title details to secure a defensible purchase price.
Nearby sales indicate a value range: 29/104 Ewing Road, a 3 bed 1 bath unit, sold for $470,000, while a 3 bed 2 bath townhouse at 104 Ewing Road carries a $726,000 estimate. This suggests a material premium for the second bathroom and townhouse format, supporting the subject property’s valuation in the lower $700,000s if the larger size data is accurate.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Woodridge is a high-demand, family-oriented suburb with a young demographic, driving strong competition for its limited housing stock. Demand is primarily from working families seeking affordability, reflected in rapid sales and exceptional price growth across both houses and units. This robust market is supported by consistent population growth, but faces constraints from household incomes well below the regional average, indicating sensitivity to economic pressures.