20 Morton Street, Waterford QLD 4133
20 Morton Street, Waterford QLD 4133
This single-storey detached house at 20 Morton Street, Waterford, offers 4 bedrooms, 3 bathrooms, a 151-square-metre internal layout, and sits on a 629-square-metre lot with parking for two cars. Constructed in 2016, it presents a modern, family-oriented configuration in an established residential setting.
What is competitively strong here is the property’s relative newness and practical floorplan—a 2016 build avoids the compromises of older stock while providing four bedrooms and three bathrooms, which is a rare configuration for the price point in this suburb. It sits in a neighbourhood where family housing is in steady demand, and the lot size, though modest, is sufficient for a low-maintenance lifestyle without sacrificing outdoor space. This property best serves buyers seeking a move-in-ready home with modern finishes, particularly families or investors targeting steady rental demand rather than speculative growth.
The price positioning may be influenced by the lot size being smaller than some neighbouring blocks, which could limit future subdivision potential or appeal to buyers prioritising land over structure. The property’s single-storey design might also be a constraint for those seeking multi-level living or additional flexibility. Rental yields, based on nearby leasing evidence, appear modest—likely reflecting the suburb’s capital growth focus rather than cash flow strength. Buyers should weigh whether the modern build and configuration justify any premium over older, larger-lot alternatives in the area, and consider how long-term demand for four-bedroom homes in this corridor holds up as new developments emerge.
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Morton Street, Waterford QLD 4133
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Waterford is a family-oriented suburb with strong demand from young, mortgaged households. Recent price growth has been robust across both houses and units, supported by active sales and rising rental yields. Future growth is underpinned by sustained rental demand, though affordability pressures and limited unit sales data present key constraints for investors.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
629m²
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