143 Camelia Avenue, Everton Hills QLD 4053

143 Camelia Avenue, Everton Hills QLD 4053
Bushfire overlay adds holding risk | Elevated site with views but 1981 build and one bathroom | Market estimate and listing price are close, leaving thin upside | Comparable sale growth strong but lower spec and location The bushfire overlay on this property is the primary risk mechanism, as it constrains insurance availability and may increase annual premiums by thousands, directly reducing net yield. The matching estimate and listing price (around $1.187m) leave no room for value-add through negotiation, so the buyer must be prepared to hold long-term. The elevated 607mยฒ site with city views offers commercial logic for a future renovation or deck extension, but the single bathroom limits appeal to families or owner-occupiers who want functional space. This house is a hold for lifestyle rather than a flip. What is competitively strong here is the land size and elevated aspect in Everton Hills, where 71% of homes are owner-occupied and supply is thin with only one other house for sale on Camelia Avenue. The open-plan living and renovated kitchen with Bosch appliances and stone bench support easy living, and the FTTP and 5G coverage add practical appeal for remote workers, though not a key value driver. This property best suits a buyer who priorities a view-oriented lifestyle over immediate renovation profit, and who accepts the bushfire overlay as a manageable cost. To proceed submit a conditional offer slightly below the estimate to test seller resolve, and commission a bushfire assessment to quantify insurance costs before finalising.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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Market Insight:

Everton Hills is a family-oriented suburb with strong owner-occupier appeal, driven by professionals seeking its parks and suburban amenities. Demand is underpinned by this demographic, creating a resilient market. While annual house price growth is robust at over 15%, median days on market data is mixed, indicating variable selling conditions. Future growth is supported by infrastructure development, though broader economic and interest rate sensitivities present a key constraint.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

607mยฒ

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