21 Blaxland Road, Urraween QLD 4655
21 Blaxland Road, Urraween QLD 4655
4 bed family house | 495m² low-maintenance block | 2014 build needing TLC | tight rental market | strong family suburb
This property offers a practical family layout with four bedrooms, two bathrooms, and a double lock-up garage, all on a compact 495m² block that keeps outdoor upkeep minimal. The 2014 build is recent enough to include modern features like Caesarstone benchtops, gas cooking, solar, and a separate media room, which appeals to buyers wanting contemporary comfort without the premium of a new build. Its condition, described as solid but requiring care, positions it as a renovation opportunity rather than a move-in-ready home, which may attract buyers seeking to add value through cosmetic updates. The house sits in a family-oriented estate close to schools, medical services, and shopping, making it best suited to owner-occupiers or investors targeting the tight rental market, where vacancy is exceptionally low and demand for four-bedroom homes is steady.
The need for TLC may influence how the property is priced relative to refreshed homes in the area, as buyers often factor in the cost and effort of updates. The moderate land size limits scope for major extensions, so value is more likely driven by internal presentation and modern amenities than outdoor potential. Rental income might sit below the top end for the street until improvements are made, though the strong demand environment provides a safety net. Buyers should weigh the purchase price against likely renovation costs and consider whether the layout and location justify the extra investment. The gas connection and solar setup are practical advantages that reduce ongoing costs, which may support long-term appeal.
|| Comparable Sales: Similar 4-bed homes on comparable blocks in the suburb have transacted around $850,000–$860,000 | Property Price Band: $700,000–$800,000 | Value Drivers: Condition requiring updates, modern build year, low-maintenance land size, family-oriented location
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Blaxland Road, Urraween QLD 4655
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Urraween QLD 4655 is a Queensland suburb where houses have grown 9.6-10% annually, lifting the median to $749,508, while units have risen 25.72% to $578,000 though on a thin 5-13 sales base. Houses sell in 17-21 days, indicating a fast market, with annual volumes between 158 and 193 sales. Gross yields remain moderate at 4.61% for houses and 4.72% for units, while median house rent is $622 weekly. Demand pressure is evident from the combination of single-digit house appreciation, double-digit unit growth on low supply, and sub-three-week selling times. Future growth is likely constrained by affordability and rate sensitivity; however, the absence of vacancy data and limited unit transactions temper supply analysis.
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PropCred Estimated Value
Comparable Sales: Similar 4-bed homes on comparable blocks in the suburb have transacted around $850,000–$860,000 | Property Price Band: $700,000–$800,000 | Value Drivers: Condition requiring updates, modern build year, low-maintenance land size, family-oriented location
Bedrooms
4
Bathroom
2
Parking
2
Land
495m²
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