23 Conlan Close, Manoora QLD 4870

23 Conlan Close, Manoora QLD 4870
Low-set house | 764 sqm block | 3-bed, 1-bath | shed and yard This propertyโ€™s strongest competitive edge is its land size. A 764 sqm block in an inner suburb is increasingly uncommon, and the low-set single-level configuration with a fully fenced yard and shed offers practical appeal for households seeking space without stairs. The house serves first-home buyers and investors best, as the floorplan is functional rather than premium, but the land component provides flexibility for future improvement. The presence of air conditioning and a bath adds to rental suitability, while the sleepout area offers a modest bonus for home office or guest use. The gap between the May 2024 sale price and the later asking guide is significant and may reflect changed market conditions or a vendorโ€™s aspirational view. Without verified comparable sales or build-year data, the propertyโ€™s value hinges on how a buyer weighs land content against dwelling condition. The single-bathroom layout may limit appeal for families, and the lack of disclosed renovation depth means a buyer should budget for potential updates. The large block might also carry development potential, but that would require local planning confirmation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 23 Conlan Close, Manoora QLD 4870
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Market Insight:

Manoora presents a compelling entry point into the Cairns market, characterised by a high proportion of renters and a demographic leaning towards older residents and families. Demand is notably robust for units, driven by strong investor activity seeking solid rental yields, which has fuelled significant recent price appreciation in that segment. The housing market exhibits more moderate momentum, with sales activity indicating steady but selective interest. Future growth is supported by its relative affordability and Cairns’ broader regional connectivity, though it remains sensitive to economic pressures given local income levels and competes within a wider regional landscape.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

764mยฒ

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