11 Osprey Rise, Worongary QLD 4213
11 Osprey Rise, Worongary QLD 4213
4 bed | 4 bath | 3 ensuite | 700mยฒ | pool & spa | bushfire overlay detected | high owner-occupier suburb
This property presents a rare configuration in Worongary: four bedrooms with three ensuites, which is uncommon for the area and positions it strongly for families or dual-occupancy living. The 700mยฒ lot with a pool, spa, and outdoor entertainment area offers a complete lifestyle package, while the 86% owner-occupier rate and 71% long-term residents signal a stable, low-turnover neighbourhood. Ducted heating and cooling plus solar panels reduce ongoing costs, making it suited to buyers seeking a turnkey family home with strong rental demand.
The bushfire overlay is the primary riskโit may affect insurance premiums and future renovation approvals, so a full due diligence check with council is essential. However, the absence of flood or heritage overlays simplifies planning risk. The recent March 2024 sale at $589,600 suggests significant value uplift potential, though current market conditions should be verified. The property serves best as a long-term family residence or a premium rental, but buyers should weigh the bushfire overlay against the strong suburb fundamentals.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 11 Osprey Rise, Worongary QLD 4213
Market Insight:
Worongary is a high-growth, high-income suburb with median house prices surging between 13-23% annually, indicating strong buyer competition. Demand is driven by affluent households, evidenced by median weekly rents of $1,200 and rapid sales, with houses averaging just 22 days on market. This robust activity, supported by solid rental yields of 4.14%, points to sustained investor and owner-occupier interest. Future growth will hinge on continued high-income migration and limited new supply, though the market’s recent velocity suggests sensitivity to interest rate changes.