17 Wallaroo Way, Ashmore QLD 4214
17 Wallaroo Way, Ashmore QLD 4214
5 bed/5 bath fully renovated | 700m² land in Ashmore | 1985 built, renovated | No overlays
This property presents a highly configured, low-maintenance residence, rare for its five-bedroom, five-bathroom layout on a 700m² block, serving large families or multi-generational living. Its full renovation and absence of council overlays streamline a purchase, positioning it as a modern, turn-key house in a established suburb with strong school catchments, reducing immediate capital demands for a buyer.
The primary risk is valuation compression; the building size is modest at 102m² against a premium price, and recent sale activity in 2024 suggests a short holding period, demanding scrutiny of the seller’s motivation. The commercial logic lies in securing a uniquely configured house for its rental yield potential, which aligns with area averages. Proceed with an offer conditional on a building inspection, using a Propcred report to pressure-test the listed price against real-time sales and verify locality risks for insurance.
Detailed Independent Property Report prepared by PropCred Analyst team for 17 Wallaroo Way, Ashmore QLD 4214
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
1
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Insight: Ashmore QLD 4214
Ashmore presents a compelling Gold Coast suburb anchored by strong fundamentals and significant future investment. Demand is being driven by buyers pivoting to the unit market due to a severe shortage of available houses, creating intense competition and superior price growth for apartments. The market is highly active with surging sales volumes, while rental demand remains robust. Future growth is underpinned by substantial planned infrastructure and commercial projects, though a critical constraint is the acute scarcity of new house supply within the suburb itself, posing a clear risk of a deepening shortage.
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PropCred Estimated Value
Bedrooms
5
Bathroom
5
Parking
3
Land
700m²
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