24 North Ridge Drive, Calliope QLD 4680

24 North Ridge Drive, Calliope QLD 4680
4 bed 3 car edge | mid-700s block | family estate street | stable owner-occupier demand | school-park proximity This property holds a clear configuration advantage over the standard 4/2/2 homes that dominate North Ridge Drive, with the three-car garage offering practical appeal for families with multiple vehicles, a trailer, or workshop needs. It sits within a modern, lowset family-house estate where blocks consistently run to the mid-700 square metre range, giving it a spacious, detached feel that suits owner-occupiers seeking room to move. The street’s tenure profile—heavy on long-term residents and a meaningful share of recent movers—points to a settled community rather than a transient rental strip, which supports stable neighbourhood character. The property is best suited to a family buyer prioritising yard space, garage capacity, and proximity to primary school and parkland, all of which are confirmed strengths of this pocket. The sale price may be influenced by how the interior finish level compares to nearby modern stock, since the property’s basic configuration is known but its fit-out details are not fully verified. The three-car layout could justify a modest premium over comparable four-bedroom homes, but that edge may be diluted if the land size or presentation falls short of the street’s better examples. Buyers should weigh whether the extra garage space adds genuine utility for their household, and consider how the property’s aspect and single-level layout—if confirmed—affect its everyday liveability. The lack of a pool, shed, or upgraded landscaping might place it mid-range rather than at the top of the estate’s price scale, though those features are not standard across the street. || Comparable Sales: 55 North Ridge Drive sold $650,000; 98 North Ridge Drive contracted $631,000 | Property Price Band: $620,000–$720,000 | Value Drivers: three-car garage, land size, interior condition
Detailed Independent Property Report prepared  by PropCred Analyst team for 24 North Ridge Drive, Calliope QLD 4680
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ✓
Execution Risk ✓
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Market Insight

Calliope, a regional centre 20 minutes from Gladstone Central, is emerging as a tightly held market with demand driven by young families and tradespeople, many holding certificate-level qualifications. Prices are climbing sharply: median house values hover near $600,000, with annual compound growth ranging from 18.4% to 25.1% over the past year. Four-bedroom homes traded at $612,500, while three-bedroom homes sat at $487,500, with 4-bedroom properties selling in 13 days. Conditions favour sellers: vacancy is just 0.6%, rental growth is firm at 3.6%, and limited stock is underpinning prices. Future demand centres on Gladstone’s economic role and population growth, but construction is absent—zero building approvals—and abundant developable land poses a supply-side risk should the market overheat.
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PropCred Estimated Value

Comparable Sales: 55 North Ridge Drive sold $650,000; 98 North Ridge Drive contracted $631,000 | Property Price Band: $620,000–$720,000 | Value Drivers: three-car garage, land size, interior condition

Bedrooms

4

Bathroom

2

Parking

2

Land

740m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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