27 Vivian Hancock Drive, North Booval QLD 4304
27 Vivian Hancock Drive, North Booval QLD 4304
4/2/2 family house | likely modern brick | near Booval station | flood overlay noted | mid-size lot
This house is positioned as a standard modern family dwelling within a street of comparable four-bedroom homes. The four-bedroom, two-bathroom layout with double car accommodation is a proven and broadly demanded product in this part of North Booval, and the mid-sized block offers practical outdoor space. Proximity to Booval station and the local shopping and road network strengthens its appeal for commuters and families alike. The flood and bushfire overlays noted on the listing act as a planning constraint, but they do not appear to undermine the basic livability or the convenience of the location. That combination makes it a reliable choice for an owner-occupier wanting space and access, while also giving an investor a straightforward rental proposition.
Decisions on lending and insurance might be influenced by environmental overlays, and buyer perception of these risks could soften bids even where the actual exposure is modest. A wider value range might be created by variations in lot size and presentation within the street, so a careful on-site inspection is worthwhile.
Detailed Independent Property Report prepared by PropCred Analyst team for 27 Vivian Hancock Drive, North Booval QLD 4304
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
North Booval is a compact suburb of about 3,000 residents, and the data shows a seller’s market. Population fell 4.2% over five years, but the dominant 0-9 age group indicates young families, largely labourers on mid-to-upper incomes. Median house prices range from $665,000 to $687,500, with 21.7-25.0% annual growth over the past 12 months. Houses sell in a median 20 days, with 92-101 sales in the year. Weekly rents hold at $528, from $520 for two/three bedrooms to $750 for five-plus. Tight listings, rapid turnover, and strong price gains point to demand outstripping supply. Yet the demographic base is narrow: population decline and reliance on labouring work could temper appreciation if local employment weakens.
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PropCred Estimated Value
Using the available estimate of $860,000 as a base, and allowing for normal adjustments for condition, position, and overlay constraints, a realistic price band for this house is approximately $800,000 to $920,000. Recent comparable sales of modern four-bedroom homes in the local area have settled
Bedrooms
4
Bathroom
2
Parking
2
Land
600m²
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