19 Jaidan Place, Victoria Point QLD 4165

19 Jaidan Place, Victoria Point QLD 4165
Quiet street risk | Overbuilt block at 35% | Age pushes renovation timeline | Two street frontage security trade-off This property carries a specific risk in its corner block configuration. Two street frontages mean twice the perimeter to secure and maintain, and the 35% building coverage leaves only 483mΒ² of usable land after setbacks, which constrains future extension options without a town planning application. The 1998 build with original roof height of 5 metres suggests roof space conversion potential is limited. On the opportunity side, the 24 solar panels and gas hot water system cut operating costs by an estimated $1,800 annually at current Queensland tariffs, and the dual street access gives separate driveway options for a future granny flat if council zoning permits. Hold this for medium-term capital growth, not a quick flip. The corner block on a quiet cul-de-sac near waterfront tracks is genuinely rare in Victoria Point, where most houses sit on standard 600mΒ² lots. Having two sheds and two water tanks already installed saves a buyer $8,000 to $12,000 in setup costs. The 4 parking spaces under cover are competitive for families with multiple vehicles or a boat, given the proximity to Thompsons Beach. This property serves best a family wanting low-maintenance coastal living with energy efficiency built in, not an investor chasing high yield, as the rental return at 3.2% to 3.7% sits below the suburb median for houses. Six comparable sales in the immediate 500m radius over the past 12 months show a median of $1.14m for 1990s brick houses on similar land, with this property’s corner position and solar setup adding a measurable premium. The value inference here is that the seller’s asking range sits near the top of suburb comparables, and the 8+ days on market indicate price sensitivity that a buyer can test with a conditional offer after a building and pest inspection. Book a personal viewing to assess the two frontages yourself and negotiate from a position of informed leverage.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Victoria Point is a robust, trade-oriented suburb exhibiting strong momentum, particularly in its housing market. Demand is driven by a solid local workforce, with high sales activity and significant annual price growth reflecting deep buyer engagement. The market is characterised by rapid house turnover, though unit sales face a notable headwind with extended marketing times. Future growth is underpinned by sustained transactional volume, yet the divergence in performance between asset classes and slower sales relative to broader benchmarks present clear constraints on liquidity.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

744mΒ²

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat