17 Kirrama Street, Waterford QLD 4133

17 Kirrama Street, Waterford QLD 4133
Modern low-set family house | 5 bedroom capacity | Tenanted until 2027 | Sanctuary Estate setting | 2016 build on 448m². This property is competitively strong as a modern, single-level family house with five bedrooms, a configuration that is relatively rare in newer estate developments where four bedrooms are more standard. Its position within Sanctuary Estate places it in a planned, community-oriented neighbourhood that appeals to both owner-occupiers seeking space for a larger household and investors valuing steady rental income. The tenancy at $630 per week until February 2027 provides immediate cash flow, making it particularly suitable for a buyer looking for a low-maintenance, income-producing house in a suburban family setting. What may materially affect the property’s value is the moderate 448m² land size, which, while typical for a modern estate, limits expansion potential compared to older, larger lots in Waterford. The tenancy agreement could be a constraint for an owner-occupier who wishes to move in before 2027, though it might also be seen as a guaranteed income stream for an investor. The house’s newer construction age and estate context may command a premium over older stock, but buyers should consider whether the five-bedroom layout and single-level design align with their long-term needs.
Detailed Independent Property Report prepared  by PropCred Analyst team for 17 Kirrama Street, Waterford QLD 4133
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk 2
Income Risk ! 1
Execution Risk
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Market Insight

Waterford is a family-oriented suburb with strong demand from young, mortgaged households. Recent price growth has been robust across both houses and units, supported by active sales and rising rental yields. Future growth is underpinned by sustained rental demand, though affordability pressures and limited unit sales data present key constraints for investors.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

448m²

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