24/17 Bruce Lane, Camira QLD 4300
24/17 Bruce Lane, Camira QLD 4300
3 bed 2 bath 2 car townhouse | 168 m² compact footprint | Mid-$600k transacting range | Stable owner-occupier pocket | Rental demand high-$500s to low-$600s
This townhouse holds a clear competitive edge in Camira’s thinner attached-dwelling market. The three-bedroom, two-bathroom, two-car configuration matches the strongest utility tier among Bruce Lane townhouses, where some comparable units drop to a single car space. That extra parking broadens appeal to families and downsizers who need practical everyday function. The property sits in an established complex with stable tenure patterns, where roughly 60% of residents have remained for six to ten years, suggesting a settled neighbourhood with limited turnover pressure. For a buyer seeking a low-maintenance entry into a commuter-friendly suburb, this unit serves best as a solid owner-occupier purchase with genuine rental upside if circumstances change.
Value may hinge on internal condition and presentation more than location, since the complex’s townhouse stock transacts in a tight band. The 168 m² land area is modest, so courtyard quality and layout efficiency could influence perceived worth. Rental benchmarks suggest strong income potential — a similar three-bedroom townhouse in the complex rents near $600 weekly, which supports yield appeal for an investor buyer. However, the suburb’s average days on market of 66 indicates buyer selectivity, meaning dated finishes or less favourable positioning within the complex might slow a sale. Parking configuration and floor level may also differentiate this unit from others in the same price range.
|| Comparable Sales: 20/17 Bruce Lane sold $680,000; 26/17 Bruce Lane sold $650,000 | Property Price Band: $600,000–$700,000 | Value Drivers: internal condition, parking configuration, complex positioning
Detailed Independent Property Report prepared by PropCred Analyst team for 24/17 Bruce Lane, Camira QLD 4300
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight
Camira, in Queensland’s Western Growth Corridor, offers sub-$1M houses (median $913,500) with 17-18% annual growth, appealing to first-home buyers and rentvestors. Weekly rents of $620-650 support 3.8-5.5% gross yields. Sales volume is 122-130 houses; days on market range from 19 to 52. The corridor is fast-tracked for growth, with population expected to double by 2030 and billions in infrastructure. Risks include a thin unit market, low supply, and rate sensitivity in a booming market.
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PropCred Estimated Value
Comparable Sales: 20/17 Bruce Lane sold $680,000; 26/17 Bruce Lane sold $650,000 | Property Price Band: $600,000–$700,000 | Value Drivers: internal condition, parking configuration, complex positioning
Bedrooms
3
Bathroom
2
Parking
2
Land
110m²
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