2 Morris Avenue, Calliope QLD 4680
2 Morris Avenue, Calliope QLD 4680
This property is positioned as a modern three-bedroom townhouse within a small-strata pocket of Calliope. Its competitive edge is found in practical convenience and low upkeep, with air conditioning, courtyard space and secure parking included. Built around 2012, it is placed within walking distance of the central shopping centre, daycare and both primary and high schools, making it a strong option for investors, first-home buyers or downsizers seeking rental demand and easy living. The configuration is compact but functional, and the property competes on location and condition rather than land size.
The main value factors are the small strata lot and body corporate costs, by which capital growth may be limited compared with detached houses. A flat price trend since 2011 is suggested, so modest appreciation might be expected. Demand from tenants and owner-occupiers may keep the property easy to rent, but resale appeal for family buyers could be affected by land size and shared walls.
Detailed Independent Property Report prepared by PropCred Analyst team for 2 Morris Avenue, Calliope QLD 4680
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Calliope, a regional centre 20 minutes from Gladstone Central, is emerging as a tightly held market with demand driven by young families and tradespeople, many holding certificate-level qualifications. Prices are climbing sharply: median house values hover near $600,000, with annual compound growth ranging from 18.4% to 25.1% over the past year. Four-bedroom homes traded at $612,500, while three-bedroom homes sat at $487,500, with 4-bedroom properties selling in 13 days. Conditions favour sellers: vacancy is just 0.6%, rental growth is firm at 3.6%, and limited stock is underpinning prices. Future demand centres on Gladstone’s economic role and population growth, but construction is absent—zero building approvals—and abundant developable land poses a supply-side risk should the market overheat.
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PropCred Estimated Value
Comparable Sales: 11/9 Morris Avenue sold $429,000 in 2011 | Property Price Band: $400K–$500K | Value Drivers: condition, location convenience, low-maintenance layout
Bedrooms
4
Bathroom
2
Parking
6
Land
877m²
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