163 Parfrey Road, Rochedale South QLD 4123
163 Parfrey Road, Rochedale South QLD 4123
Lowset renovated family house | Flat 693 m² block | 4-car capacity with side access | 6.6 kW solar | Strong family-suburb demand
This property competes well in Rochedale South because it combines a practical single-level layout with genuinely useful outdoor utility. The flat 693 m² block is uncommon enough to matter, and the four-car accommodation with side access is a real advantage for families with trailers, boats, or multiple vehicles. Fresh paint, new tiling, and landscaped yards mean the house is move-in ready, which appeals to buyers who want to avoid immediate renovation work. The solar system and solar hot water reduce ongoing running costs, a feature that resonates with cost-conscious households. This house serves best a family buyer seeking a low-maintenance, functional home close to schools and transport, without the premium of a larger or more modern build.
Value may be shaped by the property’s older construction era, which is not stated but likely given the suburb’s established stock, and the absence of a confirmed internal floor area. The 3-bedroom configuration is standard for the area, so price will hinge more on the land size, presentation quality, and the rare 4-car parking than on bedroom count. Buyers should weigh whether the flat block and side access offer future flexibility, such as a shed, caravan storage, or potential reconfiguration, as these features often justify a slight premium in this corridor. The lack of a stated aspect or view is not a concern here, as the value sits in practicality rather than outlook.
|| Comparable Sales: 13 Parfrey Road sold March 2025 for $790,000; 122 Parfrey Road listed with 1,050 m² block, price undisclosed | Property Price Band: $800,000–$900,000 | Value Drivers: flat land size, renovated condition, 4-car parking with side access
Detailed Independent Property Report prepared by PropCred Analyst team for 163 Parfrey Road, Rochedale South QLD 4123
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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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
Comparable Sales: 13 Parfrey Road sold March 2025 for $790,000; 122 Parfrey Road listed with 1,050 m² block, price undisclosed | Property Price Band: $800,000–$900,000 | Value Drivers: flat land size, renovated condition, 4-car parking with side access
Bedrooms
3
Bathroom
2
Parking
5
Land
693m²
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