24 Goolman Street, Chapel Hill QLD 4069
24 Goolman Street, Chapel Hill QLD 4069
New build | 97% site coverage | 5G coverage | Bushfire overlay | 4-car garage
This property offers a rare configuration edge in Chapel Hill: a brand-new residence with a 4-car garage and 391m² of internal space on a compact 404m² lot. The 97% building coverage is unusual for the suburb and signals a deliberate design for maximum usable area, suiting a buyer who prioritises internal volume and parking over garden space. The suspended concrete slab and outdoor kitchen with pool are premium structural and lifestyle features that differentiate it from older stock. The property sits in strong school catchments, and the street’s 80% owner-occupier rate suggests stable demand. It best serves a family needing five bedrooms, a home office, and multiple living zones, who value low-maintenance living and are comfortable with a high floor-to-land ratio.
The bushfire overlay introduces a specific due diligence cost and may affect insurance premiums or future landscaping choices, though no flood or heritage overlays apply. The 97% site coverage leaves minimal outdoor land, which limits resale appeal to buyers who prioritise yard space. The estimated rental yield is modest relative to the valuation range, making this a stronger owner-occupier proposition than an investment. The listing is fresh, and the 15-day average days on market for five-bedroom houses in Chapel Hill indicates a fast-moving segment. Hold this property as a primary residence to capture the lifestyle premium and school catchment advantage, or exit within five years to avoid depreciation on a high-coverage build.
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Goolman Street, Chapel Hill QLD 4069
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Chapel Hill is an established, high-demand suburb positioned for families seeking quality education and lifestyle. Demand is driven by professionals and established couples with children, underpinned by strong school catchments and a stable demographic profile. Recent price trends reflect robust capital growth, with a notably fast-moving market indicating sustained buyer competition. Future growth is supported by these enduring fundamentals, though high price points present an affordability constraint and potential sensitivity to economic shifts.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
4
Land
404m²
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