30/400 Tingal Road, Wynnum QLD 4178
30/400 Tingal Road, Wynnum QLD 4178
3 bedrooms | townhouse in Wynnum | double lockup garage | heritage overlay found
The property is a modern townhouse in a small complex, offering a rare combination of a double lockup garage and a generous 128โ130 mยฒ internal floorplan within a 200 mยฒ lot. For a buyer seeking a low-maintenance home with genuine three-bedroom separation and secure parking, this configuration is competitively strong in Wynnum, where many townhouses compromise on either garage space or internal width. The heritage overlay, while flagged, does not appear to restrict the current dwelling, and the absence of flood or bushfire overlays reduces insurance and holding concerns. This property best suits a professional couple or small family wanting a lock-and-leave base with good school catchment access and 5G coverage as a practical bonus.
The primary risk is the lack of recent sales evidence and the property having been withdrawn from the market in 2017, which may indicate a history of pricing misalignment or vendor hesitation. Buyers should treat the estimated value of $1.218 million as a ceiling, not a floor, and commission an independent building and pest inspection given the modern construction date. The opportunity lies in negotiating from a position of limited buyer competition if the vendor is motivated, and in the potential for steady rental demand at around $765 per week. Hold this property as a core residence or a medium-term rental; its configuration and location make it a stable, not speculative, choice.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Wynnum’s coastal charm and proximity to Brisbane anchor its appeal, attracting families, professionals, and retirees seeking a relaxed lifestyle. This diverse demand is fuelling a robust market, with houses experiencing solid growth and units showing particularly strong momentum. Properties move quickly, indicating sustained buyer interest. Future growth is underpinned by its enduring coastal lifestyle proposition and steady rental demand, though its established popularity presents inherent affordability considerations.