25 Waterlily Circuit, Douglas QLD 4814
25 Waterlily Circuit, Douglas QLD 4814
Quiet river-adjacent pocket | 5-bed with side access | 267sqm under roof | solar panels installed 2020 | strong owner-occupier suburb
This property occupies a defensible position in a tightly held Douglas pocket one block from the Ross River, where 70% of Waterlily Circuit residents are owner-occupiers and 43% are long-term holders—both signals of low turnover and stable demand. The 267sqm under roof with 2.7m ceilings, five air-conditioned bedrooms, and side vehicle access for a boat or shed give it a configuration edge over typical family stock in the suburb. For a buyer seeking a low-maintenance family home with room for a pool or workshop, this property offers rare functional depth without the premium of a riverfront address. It suits a professional household or investor targeting the university-hospital corridor, where James Cook University and Townsville University Hospital anchor consistent tenant demand.
The principal risk is the auction format in a suburb where zero of 13 five-bedroom sales this year went under the hammer, suggesting the vendor may face a clearance gap unless bidding is aggressive. The 181sqm floor area discrepancy in one source introduces a valuation ambiguity that a buyer should clarify with a building measurement before bidding. On opportunity: solar panels installed 2020 reduce holding costs, and the flat backyard with double gates supports a future granny flat or shed addition without structural change. Hold this property as a long-term family home or rent to the university-hospital cohort; its configuration and location limit downside in a stable market.
Detailed Independent Property Report prepared by PropCred Analyst team for 25 Waterlily Circuit, Douglas QLD 4814
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Douglas presents a compelling, high-growth market with a distinct demographic skew towards young professionals. Demand is strong and resilient, rebounding swiftly post-seasonal lulls, which is reflected in exceptionally rapid sales for houses. This dynamic suggests a robust and competitive market environment. Future growth appears underpinned by this sustained demand, though the divergence between strong house performance and softer unit performance indicates a market with segmented risk.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
2
Land
738m²
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