24 Fallow Close, Gordonvale QLD 4865
24 Fallow Close, Gordonvale QLD 4865
4-bed family house, 253m² building | 613m² lot at 41% coverage | Gordonvale commuter belt | study, ensuite, outdoor living | generous house, modest yard
Larger-than-standard family house is offered here, with 253m² of building giving it a clear edge over typical suburban Gordonvale stock. The four-bedroom layout is family-oriented, with study, ensuite, outdoor entertainment, and fenced yard included as practical amenity. The 41% building coverage reflects a plan prioritising internal space, so value is carried by the house rather than the 613m² lot. This suits owner-occupier families commuting toward Cairns who want substantial indoor living without acreage maintenance. The property is best matched to buyers seeking a completed larger home in a town setting, not those wanting space for sheds or pools.
High building coverage on the compact lot may be the main price constraint, leaving little room for future extension. No detected overlays might support buyer confidence in this mixed semi-rural suburb. Grey water and alarm add modest value, but no detached shedding may limit trade or hobby buyers. Price is likely shaped most by internal size versus other family homes.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Fallow Close, Gordonvale QLD 4865
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Gordonvale (QLD 4865) is a lifestyle-driven market with rural touches and convenient amenities. Demand comes mainly from owner-occupiers with mortgages (57% of owners) and a notable single cohort (21%), drawn by affordable pricing and varied housing. The median house price sits at $680,000, with 18.26% annual growth and 162 sales over the past year. Houses average 14 days on market, and vacancy is 0.36%, supporting gross yields of 4.75–5.38% for houses. Future drivers include affordability relative to Queensland and local infrastructure. Risks: the aggregate median house price is $561,417, far below the state average, suggesting little room for capital growth; prices may stay flat or edge up. Stock has dropped 33.3% year-on-year, reflecting constrained supply rather than distressed selling.
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PropCred Estimated Value
Comparable Sales: a 5,422m² Gordonvale acreage with 353m² building sold at $1,000,000 | Property Price Band: $850k-$950k | Value Drivers: substantial building area, compact lot coverage, no detected overlay risk
Bedrooms
4
Bathroom
2
Parking
2
Land
613m²
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