17/44 Fern Parade, Griffin QLD 4503

17/44 Fern Parade, Griffin QLD 4503
4-bed Griffin townhouse | low body corp | flood overlay noted | 6 days on market The property presents as a competitively positioned townhouse in a 2016 boutique complex, offering a rare combination of four bedrooms and low body corporate fees in a suburb where detached houses dominate. With a land area of 187mยฒ and internal space of 132mยฒ, it provides a functional floorplan that suits families seeking a lower-maintenance alternative to a standalone house without sacrificing space. The 70% owner-occupancy on the street and short average days on market in Griffin suggest stable demand, making this a sound option for owner-occupiers or investors targeting the 20-39 demographic that comprises nearly half the suburb’s population. The flood overlay is the primary risk and should be investigated through council mapping and insurance quotes, as it may affect long-term value and coverage costs. However, the property is in a residential zone with good school catchment options and NBN FTTP connectivity, which adds practical appeal. The six-day market presence and upcoming inspection indicate recent interest, but the absence of a prior sale price in the data leaves a gap in understanding price history. For buyers comfortable with due diligence on flood risk, this townhouse offers a well-located, low-maintenance entry point into a growing corridor.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 17/44 Fern Parade, Griffin QLD 4503
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Market Insight:

Griffin is a high-growth family suburb, with house prices surging approximately 12-14% annually to a median near $925,000. Demand is driven by young professional families, evidenced by the dominant 30-39 age cohort and over half of households being couples with children. The market is exceptionally tight, with houses selling in just 12 days on average. Future growth is underpinned by strong population expansion, though high rental occupancy and limited unit sales data present potential supply and affordability constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

187mยฒ

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