23 Deveney Drive, Kirkwood QLD 4680
23 Deveney Drive, Kirkwood QLD 4680
Large 1,131 sqm block | 4/2/2 family layout | 2012 build | fenced yard and deck | water tank and security screens
This house is positioned as a spacious family residence within a growing suburban estate. Its large land holding is a key point of difference, as newer homes in the area are typically built on significantly smaller lots. The four-bedroom, two-bathroom configuration with double garage and a rear deck is well suited to households wanting a balance of modern comfort and outdoor living. The property is fully fenced, includes security screens, and offers a water tank, which adds practical value. It serves best as a long-term family home for buyers who prioritise yard space and privacy over proximity to the town centre.
The property’s exact internal condition and any updates since 2012 may influence its final value. A potential bushfire overlay on similar land in the vicinity might be a factor to confirm, as it could affect insurance costs or development appetite. The unusually large block might allow for future expansion or a shed, but this would depend on council zoning. The 2012 build is modern enough to avoid major updates, yet buyers may still need to budget for kitchen or bathroom refreshes over time.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Deveney Drive, Kirkwood QLD 4680
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Kirkwood, within Gladstone’s housing orbit, is a master-planned suburb drawing lifestyle-focused families and trades workers; owner-occupancy is high and 82% of owners hold mortgages. House prices have climbed sharply, with medians ranging from $590,000 to $650,000 and annual growth of 14.9% to 26.9% across recent measures. Sales activity is moderate at 51–103 houses yearly, while median days on market of 47–48 indicate competitive, tight supply. Rental demand remains steady, with house rents around $550–$570 weekly and gross yields of 4.4%–4.9%, slightly tempered by higher entry prices. Future growth is underpinned by quality housing stock, proximity to Gladstone’s shopping and employment hubs, and limited available stock. Key constraints include pronounced rate sensitivity from highly leveraged owners and comparatively lower yields at current price levels.
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PropCred Estimated Value
Comparable Sales: 1 Deveney Drive sold $224k in 2012; 23 Bottlebrush Drive sold $427k | Property Price Band: $700k–$800k | Value Drivers: land size, interior condition, presentation
Bedrooms
4
Bathroom
2
Parking
2
Land
597m²
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