21 Wian Street Buderim QLD 4556
21 Wian Street Buderim QLD 4556
Renovated bathrooms | Buderim primary school catchment | Land size over 800m² | Recently traded in 2022
This property presents a clear execution risk for a buyer, as its recent renovation and immediate resale suggest a potential value-add flip, compressing the vendor’s profit margin into your purchase price. The opportunity lies in acquiring a turnkey house in a established school catchment, eliminating renovation delay. It is best held as a long-term primary residence to amortize the premium paid for its immediate condition. The commercial logic for an investor is weak given the high entry cost and absent yield data.
Its competitive strength is the substantial land parcel in a core Buderim location, a rarity against newer subdivisions. The recent high-spec bathroom upgrades position it above typical stock, serving a family buyer who prioritizes move-in readiness and school proximity over negotiation leverage. This creates a premium, low-friction entry into the market for that specific buyer profile.
Your next step is to validate the renovation quality and model the price against unrenovated comparables to define the premium you are being asked to fund.
Detailed Independent Property Report prepared by PropCred Analyst team for 21 Wian Street Buderim QLD 4556
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Buderim is a high-demand, established suburb with a mature demographic of professional childless couples and high owner-occupancy. Demand is driven by strong capital growth, with houses rising over 8% and units over 14% annually, supported by robust sales and rapid sub-month selling times. Future growth is underpinned by sustained buyer interest and rising rents, though high median prices around $1.3 million and limited supply present key affordability and inventory constraints.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
1
Land
824m²
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