11 Henning Court, Mermaid Waters QLD 4218

11 Henning Court, Mermaid Waters QLD 4218
Cul-de-sac family home | 792m² block with pool | 1982 build with renovation scope | Separate multipurpose suite This property presents a competitively strong offering for a family seeking space and privacy on a large, level block in a established neighbourhood. Its single-level layout on a peaceful cul-de-sac, combined with a self-contained guest suite, aligns directly with the demand for flexible living in this suburb. The 10.5kW solar system and in-ground pool are premium features that match the suburb’s character, while the 45% building coverage leaves generous outdoor area. It best serves an owner-occupier intending to hold long-term, or an investor targeting the strong family rental market evidenced by the high weekly rent estimates. The primary decision point is the 1982 construction, which implies immediate or future capital will be required for modernisation against newer stock. The detected flood overlay necessitates a specific due diligence inquiry with council and insurers to fully understand risk and potential holding costs. The commercial logic lies in acquiring a large parcel in a stable location, where the value is in the land and configuration, with the existing house providing functional utility. Proceed with a conditional offer that protects against flood-related findings, positioning this as a long-term hold to realise the land’s value and the property’s income potential.
Detailed Independent Property Report prepared  by PropCred Analyst team for 11 Henning Court, Mermaid Waters QLD 4218
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Market Insight:

Mermaid Waters is a high-performing coastal suburb with a robust and active property market. Demand is driven by professionals and interstate buyers seeking renovated family homes and well-located apartments, with buyer appetite consistently outpacing supply for quality stock. Recent trends show strong price growth and a fast-moving market where premium properties sell quickly. Future connectivity improvements will enhance appeal, though key constraints include limited land availability and a market bifurcation where house prices are shifting demand toward more affordable unit options.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

792m²

Assessments Delivered Today

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