20 Ottiwell Street, Woorim QLD 4507
20 Ottiwell Street, Woorim QLD 4507
3 bed on 721sqm in Woorim | 2 living areas plus deck | flood overlay flagged | 68% owner-occupied suburb
The property offers a rare combination of generous land size and functional layout for the area, with two separate living zones and an outdoor entertainment deck that suits families or downsizers seeking single-level coastal living. The 225sqm floor area and fully fenced yard provide practical space without overcapitalising, and the high owner-occupier rate in Woorim suggests stable neighbourhood demand rather than transient rental turnover. For a buyer looking to secure a solid family home within walking distance to Bribie Islandโs beaches, this house competes well against newer but smaller offerings on tighter blocks.
The detected flood overlay is the primary risk and should be investigated through council flood mapping and insurance quotes before proceeding, as it may affect both borrowing and resale appeal. The propertyโs reliance on Fibre to the Node rather than fibre to the premises is a minor limitation for remote workers but not a dealbreaker given the suburbโs lifestyle orientation. With estimated market value around $1.1 million and rental potential of $625 per week, the numbers support either owner-occupation or a hold strategy if you can negotiate below the upper end of the range.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Woorim presents as a mature coastal market, with demand primarily driven by an established demographic seeking lifestyle properties. The market exhibits strong recent price momentum across both houses and units, with notably swift sales for units indicating particular appeal. This growth is supported by a healthy sales volume and a market position that remains relatively affordable within the broader regional context. Future performance will be shaped by this sustained buyer interest against the suburb’s finite supply of properties.