3 Bayswater Street, Mount Warren Park QLD 4207
3 Bayswater Street, Mount Warren Park QLD 4207
3 Bayswater Street is a fully renovated 3-bedroom, 1-bathroom house on a flat 600m² block, built in 1977, with two parking spaces and modern finishes throughout.
This property stands out in Mount Warren Park because it offers a genuinely move-in ready home on a standard 600m² lot, which is rare for the area where many comparable houses still need work. The renovation has been done thoroughly, with fresh carpet, built-in wardrobes, ceiling fans, and vinyl plank flooring, meaning no immediate updates are required. The flat block and fully fenced yard with side access add practical appeal for families or those wanting outdoor space. The location is a strong draw for commuters, with direct M1 access making trips to Brisbane and the Gold Coast straightforward. This house suits buyers who want a turnkey property in a well-connected suburb without paying a premium for land size that exceeds the norm.
The value position here is interesting because the house is priced well above what unrenovated stock on similar blocks has sold for, reflecting the quality of the work done. The 3-bedroom configuration is standard for the suburb, which may limit upside compared to a 4-bedroom layout that attracts a broader buyer pool. Rental demand is steady given the transport links and school proximity, but achievable rent for a 3-bedroom unit might sit slightly below the $470–$500 per week range seen for larger homes. The lack of a second bathroom could be a constraint for some families, though the spacious spa area partially offsets this. Buyers should weigh the premium for renovation against the potential for slower capital growth in a suburb where land value, not improvements, typically drives long-term gains.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Bayswater Street, Mount Warren Park QLD 4207
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Mount Warren Park is a high-growth suburb with house prices surging 11-14% annually to a median of approximately $840,000, supported by strong sales volume. Demand is robust, evidenced by houses selling in as few as 17 days and unit values escalating by 23%, indicating significant investor and owner-occupier activity. This momentum is underpinned by solid rental yields of 4.1% for houses and 5.4% for units. Future growth will hinge on sustained demand against affordability pressures, with the key constraint being the market’s sensitivity to interest rate changes given its current rapid price acceleration.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
600m²
URL has been copied successfully!