22 Copper Cres, Griffin QLD 4503
22 Copper Cres, Griffin QLD 4503
4 bed with study | 600mΒ² block in Griffin | 2005 build | fibre NBN | no overlays
This house presents a competitively strong offering for a growing family, combining a practical 600-square-metre parcel with a modern, single-level floor plan that includes a dedicated study. Its position within the catchments of both a primary and a secondary state school, each within 1.4 kilometres, creates a durable demand base from owner-occupiers. The absence of flood or bushfire overlays removes a significant regulatory risk, while fibre-to-the-premises NBN supports contemporary work-from-home needs.
The principal risk is the ambiguity in built area, with records varying between 247 and 255 square metres, requiring verification. The pricing must be assessed against very recent, unlisted comparable sales, as the last known transaction was over two years ago. Proceed with an offer strategy that reflects the current cooling market, targeting a purchase for long-term hold as a primary residence to capitalise on the school catchment advantage.
Sales data indicates a history of solid capital growth. The property sold for $420,000 in May 2012 and then for $815,000 in February 2022, representing a near doubling in value over a decade. This trajectory supports the suburb’s established growth pattern, though the next increment will depend on securing a purchase at a price that accounts for recent market shifts.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Griffin is a high-growth family suburb, with house prices surging approximately 12-14% annually to a median near $925,000. Demand is driven by young professional families, evidenced by the dominant 30-39 age cohort and over half of households being couples with children. The market is exceptionally tight, with houses selling in just 12 days on average. Future growth is underpinned by strong population expansion, though high rental occupancy and limited unit sales data present potential supply and affordability constraints.