15 Cork Hill Street, Rochedale South QLD 4123

15 Cork Hill Street, Rochedale South QLD 4123
Double storey brick | 4 bed 3 bath | side access | first listing in 35 years | elevated 705mΒ² block This house presents a competitively strong offering due to its rare multi-generational configuration and extended tenure. The 4-bed, 3-bath layout with dual living zones across two levels is above the suburb standard, catering specifically to growing or blended families seeking space and separation. Its position on an elevated, fully-fenced block with side access enhances utility and privacy, while the first sale in over three decades indicates significant latent equity and a genuine seller motivation, avoiding the inflated expectations common in frequently traded properties. Proceed with a disciplined price framework. The primary risk is overpaying based on aspirational listing prices rather than settled sales evidence. The opportunity lies in securing a functionally superior home on a larger-than-average parcel in a central location, with a clear commercial logic for long-term capital growth or immediate family use. Acquire at or below the demonstrated market midpoint, as this property is best held as a long-term family residence, not a short-term investment. Recent comparable sales nearby: – 125 Parfrey Rd: 607mΒ², sold $1.106m – 185 Parfrey Rd: sold $1.3m – 16 Danaher Dr: 819mΒ², offers over $1.25m – 36 Kallista Rd: 620mΒ², offers over $1.25m These sales confirm a strong baseline demand for land in this size range, supporting a value inference for this property comfortably above $1.2 million given its superior bedroom and bathroom count and elevated block.

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

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Market Insight:

Rochedale South is a family-oriented Logan suburb with strong capital growth, driven by owner-occupiers and investors. House prices have surged 12% annually, while unit growth exceeds 18%, fueled by high sales volumes and tight rental conditions with a 0.84% vacancy rate. Future demand is supported by solid infrastructure, though high mortgage exposure and price points near $1.08 million present affordability and interest rate sensitivity risks.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

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