16 Walsall Street, The Gap QLD 4061

16 Walsall Street, The Gap QLD 4061
Bushfire overlay present | property sits on 837sqm with pool | modernised but no recent sales history | rental yield potential around $1,160 per week. The bushfire overlay introduces a specific risk mechanism that may increase insurance costs by roughly 15-20%, a recurring expense that erodes net yield if tenanted. The in-ground pool and modern amenities like split-system air conditioning offer a lifestyle premium, but without recent sales history to anchor valuation at $1,822,000, the buyer bears uncertainty on exit timing. This property is best held as a long-term family hold where the greenery, privacy, and established school catchments buffer against short-term market shifts. The 5-bedroom layout on 837sqm with a 272sqm building footprint is competitively rare in The Gap, where larger blocks with pools are limited and attract families seeking Hilder Road State School catchment. The NBN Hybrid Fibre Coaxial and 5G coverage support home-office use, though not a prime driver. Best suited for a buyer prioritising space and outdoor living over renovation upside. Follow through by commissioning a bushfire hazard assessment to quantify holding costs and negotiate from a position of firm data.

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

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Market Insight:

The Gap is a high-demand, family-oriented suburb driven by affluent professionals seeking quality education and lifestyle. This demographic is fueling strong competition in a persistently undersupplied market, resulting in robust capital growth for houses. Future performance is underpinned by sustained population inflows and enduring supply constraints, though affordability pressures at the premium end present a key moderating risk to continued momentum.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

837mΒ²

Assessments Delivered Today

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