2 Woodmere Street, The Gap QLD 4061

2 Woodmere Street, The Gap QLD 4061
Corner block with bushland border | 50m frontage | 4 bed, 3 car | Pool & solar | Bushfire overlay This property presents a competitively strong offering for a family seeking a private, established home in a leafy setting. Its rare corner allotment with direct bushland adjacency and substantial frontage creates a sense of space and tranquility uncommon at this price point. The single-level layout, recent updates like the entertainer’s kitchen and solar system, and proximity to well-regarded schools solidify its appeal to a specific buyer profile seeking a move-in ready sanctuary. The primary decision factor is the bushfire overlay, which imposes specific construction obligations and may affect insurance premiums. However, this risk is mitigated by the established building’s existing compliance and the surrounding cleared parkland. The commercial logic is clear: secure a large, low-coverage block in a tightly held locale where land value is driven by scarcity. Acquire for long-term occupation, leveraging its inherent amenity rather than speculative gain. Recent comparable sales nearby include 25 Kite Street, The Gap, which sold at auction with a configuration of 4 beds, 2 baths, and 2 car spaces. This property’s additional car space, larger land area, and corner position with pool suggest a premium positioning against that benchmark. The last sale of this property in 2001 for $250,000 underscores the substantial equity growth and low turnover typical of this pocket, indicating a tightly held market.

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

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Market Insight:

The Gap is a high-demand, family-oriented suburb driven by affluent professionals seeking quality education and lifestyle. This demographic is fueling strong competition in a persistently undersupplied market, resulting in robust capital growth for houses. Future performance is underpinned by sustained population inflows and enduring supply constraints, though affordability pressures at the premium end present a key moderating risk to continued momentum.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

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