3 Crestwood Close, Ormiston QLD 4160

3 Crestwood Close, Ormiston QLD 4160
Large block family house | 4 bed, 2 bath, 2 car | 165 mยฒ internal on 736 mยฒ land | Established suburban setting | Yard space above newer stock This property offers a configuration that is becoming less common in Ormiston: a detached four-bedroom house on a substantial block with a building footprint that leaves significant yard area. The 165 mยฒ internal area on 736 mยฒ of land implies lower site coverage than many newer infill homes, which typically appeal to families wanting outdoor space and room for future improvements. The house sits in a pocket of similar detached family homes, making it well suited to owner-occupier buyers seeking a long-term hold in a coastal bayside suburb. Its strongest competitive advantage is the land-to-building ratio, which provides flexibility for renovation, extension, or simply enjoying a larger garden than contemporary stock allows. The property last sold in 2001, so its current condition and any renovation history will be material factors in forming a view on value. Without verified details on finishes, ceiling height, flooring, or kitchen and bathroom quality, the buyer should assume the interior may require updating or at least careful inspection. The absence of premium finish data means the price will likely be driven more by land size, layout, and location than by demonstrated interior specification. A thorough building and pest inspection is advisable, as is a review of any easements, slope, or tree cover that might affect future use or development potential.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3 Crestwood Close, Ormiston QLD 4160
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Market Insight:

Ormiston presents as a tightly held, family-oriented suburb with a mature demographic profile, where high outright home ownership underpins market stability. Demand is driven by established families seeking long-term security, reflected in strong sales activity and houses consistently selling above asking price. Recent price growth has been solid, particularly for units, within a low-supply environment where properties transact swiftly. Future growth is supported by sustained buyer competition, though the premium pricing of detached homes presents an affordability constraint that may temper the pace of appreciation.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

735mยฒ

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