24 Caspian Parade, Warner QLD 4500

24 Caspian Parade, Warner QLD 4500
4-bed family house | Warner Lakes estate | low-traffic walkway setting | sold $908k Feb 2024 | 447sqm block This property sits in a planned estate with minimal through traffic and direct walkway access, a configuration that is competitively strong for families seeking quiet suburban living. The 4-bedroom, 2-bathroom layout on a 447 sqm lot is well-suited to owner-occupiers, particularly those upgrading from smaller homes or entering the family market. Its Warner Lakes location provides a lake-oriented environment that differentiates it from older suburban stock, and the sale price of $908,000 reflects a premium over entry-level detached houses in the area. The property serves best buyers who prioritise pedestrian-friendly streets and a master-planned community feel over proximity to major transport hubs. The sale price may be influenced by the lack of detailed finish or age information, meaning a buyer should verify build quality and renovation level before forming a final view on value. The absence of rental yield data or lease history means an investor would need to assess local demand separately. School catchment details are not confirmed from available sources, which might affect family buyer interest. The property’s reliance on car travel for major amenities is a potential constraint, though this is typical for suburban estate locations and not explicitly documented here.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 24 Caspian Parade, Warner QLD 4500
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Market Insight:

Warner is a high-growth, family-dominated suburb where houses sell in just 12-15 days, reflecting intense competition. Demand is driven by young families and first-time buyers, evidenced by 55% of households being couples with children. This fuels exceptional annual price growth of over 15% for houses and 19% for units. Future growth is supported by strong capital appreciation and a tight rental market with a 1.6% vacancy rate. Key risks include affordability constraints with median house prices exceeding $1 million and modest rental yields, creating reliance on continued capital growth.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

447mยฒ

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