22 Waugh Street, Urangan QLD 4655
22 Waugh Street, Urangan QLD 4655
Bushfire overlay detected | Building coverage high at 44% | 571mΒ² lot moderate for redevelopment | 12m elevation lifts livability.
The bushfire overlay introduces a due-diligence cost that may affect insurance premiums and mortgage assessment, though the 12m ground elevation and absence of flood risk reduce physical vulnerability. The 252mΒ² building on 44% coverage leaves limited expansion scope, but the single-level layout with three car spaces offers durable liveability for a family seeking lock-up-and-leave convenience in a high-growth owner-occupied suburb. This property serves best as a long-hold residence rather than a near-term development play.
The school proximity within 600m and FTTP connectivity strengthen its appeal to working families and remote-capable professionals, while the 2021 sale history shows significant market appreciation. The immediate sales comparable at 16 Waugh Street supports current vendor expectations, reinforcing this as a competitively positioned single-level home in a stable corridor. This property suits buyers prioritizing lifestyle consistency and location efficiency over speculative yield. To confirm your position, review the bushfire overlay report and compare recent sales within the three-bedroom segment on Waugh Street.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Urangan’s property market is characterised by strong house price growth, with median values between $725k and $763k and annual gains of 7.7% to 16.95%, indicating robust demand. This demand is primarily driven by the rental market, where weekly rents for houses have increased by up to 8.3%, reflecting high tenant competition. However, a key constraint is emerging buyer caution, evidenced by houses taking 21 to 63 days to sell, suggesting a more measured market pace despite the upward price momentum.