26 Fortis Cres Upper Kedron QLD 4055
26 Fortis Cres Upper Kedron QLD 4055
New build | 4-bed, pool, ducted cooling | Bushfire overlay | 90% owner-occupied street | 7 days on market
This property offers a rare combination of a 2023 build with an in-ground pool and ducted cooling in a street where 90% of residents are owners, indicating stable, low-turnover demand. The 250mยฒ building on a 416mยฒ lot provides generous internal space relative to land, which suits families seeking modern finishes without maintenance of an older home. The bushfire overlay is the principal risk, as it may narrow the buyer pool and affect insurance premiums; however, no flood or heritage constraints apply. The property is best suited to a family prioritising a turnkey house in a quiet, owner-occupied pocket of Upper Kedron, where the median for four-bedroom houses sits at $1,283,250.
The bushfire overlay is not a deal-breaker but must be factored into due diligence on insurance costs and any future development restrictions. The 2021 purchase price of $465,000 highlights substantial land value uplift, but the current listing at auction with seven days on market suggests the seller is testing demand rather than accepting a soft sale. With 48 similar properties sold this year and an average 16 days on market, the buyer has some negotiating room if interest is muted. Hold this property as a long-term family home; its modern specification and pool will retain appeal in a suburb with strong owner-occupier fundamentals.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Upper Kedron is a high-demand, family-focused suburb where professionals are driving strong competition for established family homes. This has created a robust seller’s market with rapid sales and significant price appreciation. Future growth is underpinned by its appeal to affluent families, though high entry prices present a notable constraint on broader affordability.