14B Clare Avenue, Wynnum West QLD 4178
14B Clare Avenue, Wynnum West QLD 4178
3-bed house | 1990 build | dual living areas | 405m² lot | no overlays
This property presents a competitively standard offering for Wynnum West, defined by its practical layout with two separate living areas on a manageable, sub-500 square metre block. Its core strength is its absence of complicating council overlays, removing bushfire or flood due diligence costs, and its established location within sought-after state school catchments. This house best serves an owner-occupier seeking a low-hazard entry into the area or an investor attracted by its straightforward, rental-ready configuration.
The decision hinges on its mid-age construction, where latent maintenance liabilities are probable, and the compressed yield against the estimated value. The auction context demands a disciplined ceiling price, as the lot size is smaller than many in the suburb, capping land value upside. Acquire for hold, targeting the family rental market, but budget immediately for capital expenditure on a thirty-four-year-old structure; this is a set-and-forget proposition, not a value-add opportunity.
Detailed Independent Property Report prepared by PropCred Analyst team for 14B Clare Avenue, Wynnum West QLD 4178
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Wynnum West is a family-oriented, established suburb with strong professional demand. Recent price growth has been robust, with houses rising 18.3% and units 10.8% over the past year, supported by high sales volumes. Future growth is underpinned by significant five-year capital gains and a healthy market score, though limited current listings may constrain supply. Key risks include affordability pressures from this rapid price appreciation.
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PropCred Estimated Value
Bedrooms
Bathroom
Parking
1
Land
405m²
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