17 Rholanda Cres, Springwood QLD 4127
17 Rholanda Cres, Springwood QLD 4127
Large suburban block | 1980s brick-and-tile family house | Family-oriented street near parkland | Renovation upside | Springwood State High catchment
This house sits on one of the larger blocks in the immediate pocket, with a post-1970s brick-and-tile build that offers the classic Springwood family layout: multiple living areas, generous yard space, and room to modernise. The street itself is established, quiet, and close to conservation parkland, local shopping, and the M1, which makes it a practical choice for families wanting suburban space without being disconnected. It serves best a buyer looking for a long-term family home or a renovator who can lift an original-condition build and build equity through updating. The high school catchment is a clear positive, and the broad block adds flexibility for future additions or outdoor improvements.
The main value influences are condition and presentation, along with flood overlay risk that appears on some nearby sites. An original or lightly updated interior may sit at the lower end of the price range, while a refreshed home with modern kitchen and bathroom could command a meaningful premium. Sale timelines for similar older houses can be slower, so price setting should reflect realistic buyer demand rather than peak expectations.
>> Comparable Sales: 17 Laurinda Cres sold $900k in 2023; 15 Laurinda Cres sold $920k in 2022 | Property Price Band: $1.0M–$1.1M | Value Drivers: block size, renovation condition, street quality
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Rholanda Cres, Springwood QLD 4127
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
1
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Market Insight
Springwood’s positioning rests on strong connectivity and ongoing infrastructure, with a local buyer base dominated by professionals aged 30–39 plus couples with children; households over 55 also form a meaningful share. Demand is underpinned by this demographic mix and a rental market showing house rents up 9.2% to $650 weekly. House values sit at a median of $1,027,000 with annual growth reported between 8.0% and 13.0%, while units have risen 12.4% to 15.1% to a median near $635,000. Stock turns in roughly 36–42 days, and gross yields are 3.6% for houses and 4.2% for units. Future drivers include further connectivity improvements, but risks remain: household income sits 6.1% below Greater Brisbane, and annual sales volumes fluctuate between 44 and 123 houses, pointing to supply variability.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
-
Land
708m²
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