24 Wiseman Road, Edmonton QLD 4869
24 Wiseman Road, Edmonton QLD 4869
4-2-2 family house|710m² block|332m² build|no overlay constraints|family-oriented buyer
A well-proportioned four-bedroom, two-bathroom layout is presented on a 710m² block, with a 332m² building footprint that provides generous internal space. Common environmental concerns are removed by the absence of detected bushfire, flood, or heritage overlays. This house is situated in an established residential pocket of Edmonton, where demand is driven by families and upgraders. A comfortable indoor-outdoor balance is offered by the 43% building coverage, appealing to those who value yard space. This property is best suited to an owner-occupier family seeking a conventional, low-risk home in a suburb with ongoing estate development.
Price is likely to be driven by condition and presentation, given the conventional layout. Orientation and aspect may affect comfort and become negotiation points. A functional yard is offered, but not the larger land preferred by some families, which may temper demand. A modest renovation allowance may be prudent.
>> Comparable Sales: 21 Wiseman Rd sold $1.2M and Lot 14 Wiseman Rd sold $337.5K | Property Price Band: $700K-$800K | Value Drivers: condition, block size, internal layout
Detailed Independent Property Report prepared by PropCred Analyst team for 24 Wiseman Road, Edmonton QLD 4869
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Edmonton, in Cairns QLD, is a tightly held market where houses sell in 9–10 days. Demand comes from families and investors, with high-income households and 188 house sales a year. Median house prices rose 17.7% to $665,000, while units climbed 40.15% to $370,000, though unit sales were just 25. Gross rental yields are 5.09% for houses and 6.37% for units, with weekly rents averaging $648 and $435. Growth is supported by tight supply and regional links to Cairns. Risks include affordability, with house prices above $665,000, and conflicting unit price data-one source records a 2.6% annual decline.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
710m²
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