16 Wakefield Cres, Kensington Grove QLD 4341

16 Wakefield Cres, Kensington Grove QLD 4341
4-bed acreage | 2021 build | 4000 m² block | 6-car capacity | bushfire overlay noted This property offers a rare combination of a modern, four-bedroom home on a substantial acreage block within a residential setting. The 2021 build ensures low-maintenance living and contemporary finishes, while the massive land parcel and six-car accommodation cater specifically to a buyer needing space for vehicles, a workshop, or a hobby. Positioned in a low-density area with good connectivity, this house is best suited for a family seeking a semi-rural lifestyle without sacrificing modern convenience, or for a buyer who requires significant parking and storage capacity. The bushfire overlay is a material factor that may influence both insurance costs and landscaping requirements, and it should be investigated thoroughly. The large block size also means ongoing land maintenance is a consideration, though it provides the potential for future subdivision or development if local zoning permits. A buyer should weigh these factors against the property’s clear advantages in space and modernity when forming a view on its value.
Detailed Independent Property Report prepared  by PropCred Analyst team for 16 Wakefield Cres, Kensington Grove QLD 4341
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk 2
Income Risk
Execution Risk 2
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Market Insight

Kensington Grove is a rural-residential suburb characterised by acreage properties, attracting young families seeking substantial family homes. Demand is driven by this demographic, fuelling exceptionally strong price growth and a fast-moving market where houses sell quickly. Future prospects are tied to sustained demand for spacious living, though high price points and a limited supply of available homes present notable constraints to accessibility and market fluidity.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

6

Land

4003m²

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