12/42 Glen Eden Drive, Glen Eden QLD 4680
12/42 Glen Eden Drive, Glen Eden QLD 4680
3 bed townhouse | double lock-up garage | bushland outlook | built circa 2012 | quiet hill setting
This townhouse holds a genuine edge in Glen Eden because of its newer construction, rare double garage, and elevated bush-fringed position that feels private without being isolated. It suits a downsizer or investor wanting low-maintenance living with strong rental appeal, and the recent sales within the complex confirm steady demand in the high $300,000s to mid-$400,000s. The quality build and leafy setting lift it above generic townhouse stock, making it a practical choice for someone prioritising space, security, and a calm environment over proximity to urban bustle.
The bushfire overlay may affect insurance costs and should be factored into ongoing expenses, while body corporate levies near $5,400 annually add a fixed carrying cost that might temper yield expectations. Rental demand appears healthy, with an established tenant paying $470 weekly and appraisals suggesting $490–$510, so income potential is solid but not exceptional. The narrow lot size and shared complex ownership may limit capital growth compared to standalone houses, though the circa-2012 build and double garage provide a quality buffer.
|| Comparable Sales: 39/42 at $463k, 13/42 at $461k | Property Price Band: $400k–$500k | Value Drivers: double garage, newer build quality, bushland outlook
Detailed Independent Property Report prepared by PropCred Analyst team for 12/42 Glen Eden Drive, Glen Eden QLD 4680
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Glen Eden, in the Gladstone region near South Gladstone, is drawing young family buyers, mostly tradespeople on $78k–$130k, with 77% families and heavy mortgage reliance. House prices sit around $600,000–$615,000 and have climbed 16–18% annually, while units near $425,000 have surged roughly 26–31%. Stock is moving fast, at 11–14 days on market and 128 house sales a year, with rents reaching $550–$562 weekly and house yields at 4.94%. Strong rental demand and tight supply support the market, but price estimates vary widely, from $567,814 to $642,500, and annual sales can swing from 37 to 128, signalling thin, patchy liquidity. High mortgage ownership leaves the market exposed to rate shifts, while infrastructure data remains sparse, capping upside visibility.
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PropCred Estimated Value
Comparable Sales: 39/42 at $463k, 13/42 at $461k | Property Price Band: $400k–$500k | Value Drivers: double garage, newer build quality, bushland outlook
Bedrooms
3
Bathroom
2
Parking
2
Land
82m²
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