3 Macintyre Cres, Pelican Waters QLD 4551
3 Macintyre Cres, Pelican Waters QLD 4551
4 beds | 2 baths | 3 cars | 674 m² lot | family-oriented street | parks nearby
A substantially larger landholding than typical for this street pocket provides rare outdoor space and separation from neighbours, which strongly appeals to owner-occupier families seeking a detached family home with room to grow. The quiet street setting with parks and walking paths reinforces a family-friendly character that is well-suited to upsizers and long-term residents. This property configuration is competitively positioned for buyers prioritising generous yard space, privacy, and future flexibility over smaller-lot efficiency.
The generous lot size may support future extension or outdoor entertaining opportunities that could enhance value, though the absence of verified internal finishes, build year, and renovation history means condition and quality remain unknown. The family-home format and park proximity may sustain strong demand from owner-occupiers, but without rental or yield data, investment appeal is uncertain. Any price assessment should account for the land premium relative to nearby houses while recognising that structural and aesthetic details require on-site inspection to confirm.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Macintyre Cres, Pelican Waters QLD 4551
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Pelican Waters is a premium canal estate positioned for affluent lifestyle buyers and investors, with its 60-69-year-old professional demographic driving demand for waterfront properties and boating access. The market demonstrates robust conditions, with a median house price of approximately $1.45 million and strong annual capital growth between 5.7% and 7.8%, supported by high population growth. Future demand is fueled by this demographic influx and limited new supply, though high price points constrain affordability and the market remains sensitive to interest rate movements given rental yields around 4.5-5%.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
3
Land
674m²
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