17/1 Cristaldi Avenue, Underwood QLD 4119

17/1 Cristaldi Avenue, Underwood QLD 4119
Immaculate 3-bed townhouse | Double garage & secure parking | Solar & pool in complex | Flood overlay present | Catches Kuraby & Springwood schools This townhouse presents a competitively strong offering within its segment, defined by its immaculate condition and a rare combination of private, secure amenities like a double garage and courtyard alongside complex facilities including a pool. The configuration of three bedrooms and 2.5 bathrooms is highly sought-after for small families or professional sharers, further strengthened by its placement within the catchment for established schools, which underpins consistent rental demand and owner-occupier appeal. The primary decision mechanism is the flood overlay, which imposes insurance cost and potential future resale risk that must be priced into any offer. The absence of internal area data requires verification against the 108mΒ² nearby unit to assess true spatial value. For a buyer, the opportunity lies in acquiring a modern, low-maintenance property with yield-supporting features like solar panels; it is a hold for the medium term to capitalise on suburban densification, not a short-term trade. Proceed with a conditional building and pest inspection and a specific flood impact report. Nearby comparables on Cristaldi Avenue indicate a strong market: – 1 Cristaldi Ave: Estimated value ~$1,051k for a 3-bed townhouse on a large complex lot. – The subject property’s estimated range to $960k aligns with this, suggesting its pricing accounts for the smaller lot size and strata context. This supports the valuation credibility for a well-appointed unit in this complex.

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

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Market Insight:

Underwood is a family-centric suburb experiencing robust capital growth, driven by its strategic connectivity to major employment hubs and a demographic heavily skewed towards young, mortgaged families. This demand has fueled a notably strong house market, though high entry prices and a reliance on mortgage financing present clear affordability and interest rate sensitivity risks. Future growth is underpinned by planned regional infrastructure, yet the constrained unit supply highlights a market segmentation between established houses and more limited apartment options.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

95mΒ²

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