17 Lilly Pilly Cres, Fitzgibbon QLD 4018
17 Lilly Pilly Cres, Fitzgibbon QLD 4018
1990s lowset brick | 304m² compact block | refreshed family finish | single-car setup | strong entry-level demand
This house occupies a practical niche in Fitzgibbon’s established residential stock. Its 1994 construction, single-level layout, and refreshed presentation make it a straightforward choice for first-home buyers or small families seeking move-in condition without premium land costs. The 304m² block is smaller than much of the surrounding 1990s housing, which positions it as an accessible entry point into the suburb rather than a standout land play. The air-conditioned living room, security screens, and fully fenced yard cover the essentials for low-maintenance living, while the shed and outdoor entertaining area add everyday utility. It competes best against other compact family homes in the area, appealing to buyers prioritising location and condition over space.
The property’s value may hinge on how buyers weigh its modest land size against its refreshed interior and established street setting. A single car space could limit appeal for multi-vehicle households, and the lack of modern upgrades beyond cosmetic refresh might narrow interest from those seeking turn-key contemporary finishes. The 1994 build age suggests standard maintenance expectations rather than recent construction efficiency. That said, the suburb’s family-friendly character and school proximity may support steady demand, and the smaller lot could translate to lower upkeep costs—an angle that resonates with practical buyers. Price formation will likely depend on how strongly the refreshed condition offsets the land constraint relative to nearby options with larger parcels.
|| Comparable Sales: 27 Lilly Pilly Cres sold as a 1994 3/1/1 on 300m²; 65 Lilly Pilly Cres traded in the high-$800k to low-$1M range | Property Price Band: $800K–$900K | Value Drivers: refreshed condition, compact land size, single-car configuration, street location in established Fitzgibbon
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Lilly Pilly Cres, Fitzgibbon QLD 4018
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Fitzgibbon is a tightly held Brisbane market defined by supply constraints and strong demographic demand. The typical buyer is a professional aged 30-39; 46% of households are couples with children and 40% of residents are purchasers. House prices range from $867,500 to $902,500, with most sources showing 12.1-12.23% annual growth and 11-13 days on market. Unit prices sit near $715,000-$740,000, growing 19.17-19.4%. Rental yields are 4.25% for houses and 4.46% for units; median weekly rents are $650 and $600. Brisbane new listings fell 15.3% year-on-year and total listings sit 31% below the five-year average. Affordability and rate sensitivity loom: 65% of owners carry mortgages, and one source records negative 5.04% house price growth. Population growth of 71.8% between 2011 and 2016 underpins long-term demand.
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PropCred Estimated Value
Comparable Sales: 27 Lilly Pilly Cres sold as a 1994 3/1/1 on 300m²; 65 Lilly Pilly Cres traded in the high-$800k to low-$1M range | Property Price Band: $800K–$900K | Value Drivers: refreshed condition, compact land size, single-car configuration, street location in established Fitzgibbon
Bedrooms
4
Bathroom
1
Parking
1
Land
304m²
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