27 Champion Cres, Griffin QLD 4503
27 Champion Cres, Griffin QLD 4503
Modern lowset home | 358m² lot | Bushfire and flood overlays | Listed below estimate
The property offers a rare pricing edge for a 2015 build, listed below its high-confidence valuation of $1,050,000, which signals immediate equity potential for a buyer. Its compact 222m² floorplan with two living areas suits a small family or investor seeking low-maintenance living in a quiet street, and the fully fenced yard with outdoor entertainment space adds practical appeal. The school catchments for Undurba State School and Murrumba State Secondary College anchor demand for family buyers, while the NBN FTTP connection supports remote work viability.
The bushfire and flood overlays are the primary risk, potentially increasing insurance costs and limiting future resale pool to buyers comfortable with that exposure. The 62% building coverage on a 358m² lot leaves minimal outdoor space, which may deter those wanting a larger yard. However, the listing price below estimate creates a negotiating buffer, and the property’s modern condition reduces immediate capital outlay. Hold for rental income at $655pw or flip if bought at or under $1,015,000.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Champion Cres, Griffin QLD 4503
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Griffin is a high-growth family suburb, with house prices surging approximately 12-14% annually to a median near $925,000. Demand is driven by young professional families, evidenced by the dominant 30-39 age cohort and over half of households being couples with children. The market is exceptionally tight, with houses selling in just 12 days on average. Future growth is underpinned by strong population expansion, though high rental occupancy and limited unit sales data present potential supply and affordability constraints.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
358m²
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