11 Hawken Drive St Lucia QLD 4067

11 Hawken Drive St Lucia QLD 4067
4 bed house on 594mยฒ block|Classic design with update potential|School proximity boosts family appeal|Est value $1.96mย–$2m range|33 days on market. This four-bedroom house on a 594sqm lot suits families prioritising walkable access to state schools and everyday conveniences. The property delivers solid practical living through its 200mยฒ building footprint covering just 34% of the site, leaving room for extensions or outdoor enhancements on the secure block. Its classic design with formal lounge and dining areas signals original build likely pre-1995, appealing to buyers open to modernisation projects amid stable land values. Positioned metres from Ironside State School and local amenities like shops, buses and golf links, it slots comfortably into a street of varied lot sizes, where nearby 1184mยฒ holdings highlight this more modest footprint’s relative affordability. Families in the 20-39 age bracket, drawn to school catchments and 5G/NBN connectivity, form the core buyer pool for similar mid-sized homes here. Comparable four-beds on tight blocks have held steady in value, buoyed by the suburb’s inner-west demand without the premium of larger estates. Long-term appeal stems from the elevated 40m ground position, free of flood or bushfire risks, ensuring resilience in a market favouring land-banked assets. At a $2m asking price aligning with estimates, it positions as a measured entry for renovators eyeing capital growth over speculative flips. Rental potential around $955 weekly adds holding value for investors patient through updates.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 11 Hawken Drive St Lucia QLD 4067
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Market Insight:

St Luciaย’s demand is driven by immediate proximity to the University of Queensland, excellent ferry/bus/cycle links and riverfront lifestyle, keeping strong student, professional and owner?occupier interest. Buyers favour the suburb for steady rental demand and owner convenience, while risks include flood/insurance exposure, potential oversupply of student?targeted apartments and interest?rate sensitivity; upside comes from scarce riverfront stock and persistent buyer interest. Broadly over the past six months prices have been firm to mildly rising, with house values generally outperforming units.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

1

Land

594mยฒ

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