20 Ward Lane, Nirimba QLD 4551
20 Ward Lane, Nirimba QLD 4551
| 3-bed townhouse | northeast aspect | rear-lane double garage | low-maintenance 218m² block | corner privacy |
The property’s northeast aspect and rear-lane double garage create a rare configuration in this townhouse-style development, offering both natural light and secure off-street parking that typically commands a premium. The 150m² floorplan with separate powder room and internal laundry suits downsizers or young families seeking single-side neighbour privacy. The 2021 sale history suggests a recent build, reducing immediate maintenance risk.
The 218m² block limits outdoor expansion, and the corner position may expose the property to street noise despite privacy benefits. No flood or bushfire overlay data is available, but buyers should verify this given nearby properties have bushfire designations. The estimated $916,000 value positions it above comparable 2-bed units, requiring careful negotiation. Hold for owner-occupation rather than investment, as the low land content constrains capital growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Ward Lane, Nirimba QLD 4551
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
This suburb is a high-demand family market, evidenced by 48% of households being couples with children. Demand is driven by young professionals and families, with 33% aged 20-34, creating strong purchaser competition. House prices, around $850,000, have shown robust annual growth of up to 12.7%, with a fast-moving market where houses sell in as few as 13-48 days. Future growth is underpinned by this demographic profile, though the lack of unit data and high sales velocity may indicate constrained supply.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
218m²
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