29 Warren Street, Wakerley QLD 4154
29 Warren Street, Wakerley QLD 4154
Four-bedroom family house | 456m² block | 2007 build | ducted cooling | secure parking
This four-bedroom, two-bathroom house is positioned as a solid family offering in a house-dominant eastern Brisbane suburb. The built-in robes, ducted cooling and heating, and fully fenced yard are regarded as practical essentials for owner-occupiers. With a two-car remote garage and secure parking, the property is well suited to families seeking a low-maintenance contemporary home on a manageable 456m² block. It is most competitive for buyers wanting established residential surroundings, school catchment access, and a straightforward walk-in condition without the need for renovation. The configuration is not extravagant, but it is aligned with what local family demand expects.
The compact land size may be considered the main value factor, as side-yard appeal and subdivision potential are limited. The absence of overlays is regarded as reducing environmental risk, and the 2007 build is likely to be seen as structurally sound, though kitchens and bathrooms might be perceived as dated. A renovated interior would be expected to lift the price band, while an untouched presentation may require a discount.
Detailed Independent Property Report prepared by PropCred Analyst team for 29 Warren Street, Wakerley QLD 4154
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Wakerley is a tightly held, family-oriented suburb where demand is driven by professional couples with children, evidenced by the dominant 40–49 age bracket and mortgage repayments of $1,800–$2,399 monthly. House values are firming rapidly, with median prices ranging from $1.5 million to $1.64 million depending on source, and annual growth between 13.5% and 18.6% across 110–124 sales. Buyer competition is intense, with houses selling in a median 22 days. The detached housing market remains the core focus; unit activity is negligible, with no meaningful median price recorded. Rental demand supports the ownership market, with median house rents at $850 weekly and four-bedroom properties achieving $1,000. The limited supply of units and strong owner-occupier demand underpin price momentum, but affordability is a growing constraint, particularly if interest rates shift. Wakerley’s growth has been substantial over five years, yet the thin unit market and elevated entry point reduce flexibility for investors.
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PropCred Estimated Value
Comparable Sales: 29 Dundee Cres, Wakerley 4-bed, sold $885,000 in 2022 | Property Price Band: $1.2M to $1.3M | Value Drivers: condition, land size, presentation
Bedrooms
5
Bathroom
2
Parking
3
Land
864m²
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