22/99-113 Peverell Street, Hillcrest QLD 4118
22/99-113 Peverell Street, Hillcrest QLD 4118
3 bed townhouse | 138sqm land | part of modern complex | strong local growth | no flood risk
This property presents a competitive entry point into Hillcrest’s rising market, where recent comparable sales in the same complex cluster around the mid-$600k range and annual growth has reached 12-25%. The 3-bedroom, 2-bathroom townhouse configuration with a single car space suits first-home buyers or investors seeking a low-maintenance holding in a growth corridor. The absence of flood or heritage overlays reduces acquisition risk, while 5G coverage and proximity to Boronia Heights State School and Browns Plains State High School strengthen its appeal to families.
The bushfire overlay is a specific risk that may push insurance premiums higher and could affect financing if lenders scrutinise the zone, though the property’s position within a modern multi-unit complex typically mitigates direct exposure. The listing-status inconsistency across platforms suggests possible off-market availability, which can work in a buyer’s favour if approached directly. Solar panels and a swimming pool are noted for the broader complex but require on-site verification before they can be factored into value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 22/99-113 Peverell Street, Hillcrest QLD 4118
Market Insight:
Hillcrest is a dynamic, family-oriented suburb experiencing robust demand from young professionals and investors, drawn by its strong connectivity and residential appeal. The market is characterised by rapid sales and sustained double-digit capital growth, particularly in the unit sector. Future momentum is underpinned by consistent buyer activity and rising rental returns, though affordability pressures and a constrained unit supply present notable headwinds to sustained growth.