16 Majestic Avenue, Griffin QLD 4503

16 Majestic Avenue, Griffin QLD 4503
4 bed 2 bath 2 car on 450m² | Same-street sales at $1.125M | Family-oriented Griffin pocket | Mid-3% yield signal | 95% owner-occupied street This house sits in a tightly held, predominantly owner-occupied street where detached family homes are the norm. The 450m² block is mid-range for the immediate area, and the four-bedroom, two-bathroom configuration with double parking aligns well with what local families and investors actively seek. With strong school catchments and a young demographic profile, this property suits buyers looking for a modern, low-maintenance family home in a growing northern suburb. The street’s recent sales activity suggests genuine demand, and the configuration gives it broad appeal across both owner-occupiers and rental investors. The value picture may be shaped by how this house compares to nearby four-bedroom homes on slightly smaller or larger blocks. A same-street sale at $1.125M for a comparable 4/2/2 on 461m² provides a meaningful reference point, while rental estimates around $720 per week hint at a gross yield in the mid-3% range. Flood mapping may be relevant in the immediate micro-area, so buyers should confirm the property’s specific status. Build quality, internal finishes, and any solar or air-conditioning inclusions could also influence how this house is priced relative to its neighbours.
Detailed Independent Property Report prepared  by PropCred Analyst team for 16 Majestic Avenue, Griffin QLD 4503
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk ! 1
Income Risk 2
Execution Risk
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Market Insight

Griffin is a rapidly growing suburb where population surged 79.8% between 2016 and 2021. Demand is driven by young professionals aged 30-39, with couples with children forming 51% of households. The housing market is tight: median house price is $920,000, up 12.2% annually, while houses have grown 96% in five years. Units sit at $670,000, with 18.6% annual growth, though thin sales volumes limit data. Homes sell in 12 days on average, reflecting strong buyer competition. Rental yields of 3.7% for houses and 4.6% for units remain moderate. Future growth is supported by strong population growth and active buyer demand, but risks include affordability pressures, with 54% of residents renting, and potential interest rate sensitivity given typical mortgage repayments of $1,800-$2,399 monthly.
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PropCred Estimated Value

Comparable Sales: 26 Majestic Avenue sold $1.125M (4/2/2, 461m²) | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, condition/presentation, school catchment appeal

Bedrooms

4

Bathroom

2

Parking

2

Land

450m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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