12 Wattle Avenue, Bongaree QLD 4507

12 Wattle Avenue, Bongaree QLD 4507
Large lot | 3-bedroom house | Single bathroom | Lifestyle buyer focus This property’s significant land holding of 977 square metres is its primary competitive advantage, offering a rare combination of generous outdoor space with a modest 108-square-metre floor plan. Such a configuration suits buyers seeking room for gardens, sheds, or future expansion without the cost of a larger home. Positioned in Bongaree, where the mix includes holiday rentals and permanent residences, this house appeals most to owner-occupiers who value yard space over medium-density living. The detached house format and substantial lot size distinguish it from nearby townhouse stock, making it a strong choice for downsizers or families wanting a quieter, land-rich setting. The single bathroom and absence of confirmed parking may constrain appeal for some buyers, potentially limiting the pool of interest and influencing final price. Without a known building age or renovation history, the property’s condition and required updates remain open questions that could affect value. The modest floor area relative to the large lot suggests a buyer might factor in costs for future improvements or extensions. These considerations should be weighed when forming a view on price, as they may moderate demand from those seeking a low-maintenance home.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 12 Wattle Avenue, Bongaree QLD 4507
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Market Insight:

Bongaree’s property market is characterised by exceptional capital growth, with house values surging 97% over five years and a remarkable 17-23% in the past year alone. This rapid price escalation, alongside a median house price approaching $950,000, signals a high-demand, high-growth environment. Demand is evidenced by brisk sales, with houses averaging just 27 days on market, and stronger performance for larger dwellings. While rental yields are moderate, the suburb’s sustained price momentum suggests robust buyer competition, though this growth trajectory introduces potential affordability constraints for future entrants.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

5

Land

976mยฒ

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