11 Short Street, Walloon QLD 4306
11 Short Street, Walloon QLD 4306
1930s character home on large lot | dual living areas plus rumpus | no overlays | prime Walloon school catchments
This house presents a competitively strong proposition due to its rare combination of a large, unencumbered 809m² parcel in a established location and a functional layout with multiple living zones. The absence of bushfire, flood, or heritage overlays significantly reduces holding risk and compliance costs, while the fixed school catchments provide a perennial demand lever. It serves the family buyer or the long-term holder seeking land appreciation with a liveable, low-maintenance character home.
The decision hinges on reconciling the 20% building coverage with the 1930s build, implying future capital may be required for updates or expansion. The wide valuation range reflects this condition uncertainty. Acquire at the lower quartile of the estimated range to buffer for modernisation; this property will perform as a long-term hold, leveraging its land component and location stability. Rent it immediately to offset costs while planning its eventual renewal.
The sole sales record from 2009 at $259k is irrelevant for current valuation. It merely confirms a long-held ownership, suggesting potential for significant equity release or a motivated vendor circumstance. Rely on the contemporary automated valuation models and their disclosed ranges as your pricing framework.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Short Street, Walloon QLD 4306
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Walloon is a high-growth, affordable entry point into Greater Brisbane, with its median house price of $810,000 demonstrating strong annual capital growth of 21.8%. Demand is driven by value-seeking buyers, supported by data showing it is the region’s most affordable place to build new. The market is exceptionally tight, with houses selling in just 20 days on average and high sales volume, indicating robust competition. Future growth is anchored to its affordability advantage, though its rapid price escalation warrants monitoring for sensitivity to broader economic conditions.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
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