31 Frangipanni Avenue, Kawungan QLD 4655
31 Frangipanni Avenue, Kawungan QLD 4655
5-bed family house on a 1,012m² lot | 414m² building footprint | 6 car spaces plus shed and pool | strong public school catchments | suits families with vehicles
The property holds a rare combination of scale and practicality for Kawungan. A five-bedroom layout on a 414m² single-level footprint gives it genuine family capacity, while the full fence, outdoor entertainment area, in-ground pool, shed, and six-vehicle parking make it one of the more serviceable houses in the street. Solar panels and air conditioning reduce ongoing household costs, and the building covers a substantial but not excessive 41% of the lot, leaving usable yard space. It sits in a low-density, owner-occupier pocket where large blocks, side access, and storage are consistent themes, so the house should appeal strongly to families who need room for multiple cars, a boat, or equipment, and to downsizers who want a single-level home without compromising on space.
The sale price will likely be influenced by how well the existing layout and condition match what a practical buyer expects at this level. The high parking count and pool add functional value but also bring maintenance responsibilities, and the 41% site coverage may limit future extension options for a buyer planning to renovate. The property’s format is distinctive rather than common, so the pool of interested buyers could be slightly narrower, though those who do engage are likely to be motivated owner-occupiers. A buyer should weigh the cost of updating or maintaining the pool, shed, and roof against the convenience those features provide, and confirm how the internal layout supports everyday living before committing.
>> Comparable Sales: 24 Frangipanni Avenue sold at $690,000 (4-bed) and 37 Frangipanni Avenue sold around $780,000–$875,000 | Property Price Band: $900K–$1M | Value Drivers: land size, parking and storage capacity, pool and building footprint
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Frangipanni Avenue, Kawungan QLD 4655
Checks found:
Value Risk
!
1
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✓
Execution Risk
✕
2
Market Insight
Kawungan, in QLD 4655, is a mature owner-occupied suburb where detached houses and outright ownership dominate. Demand is driven by older couples, with 46% of residents over 55 and half of households childless couples, seeking stable residential settings. The house market is robust: median values range from $634,000 to $808,000, with annual growth between 8.6% and 13.7% depending on the source. Houses sell quickly, in 17 to 56 days, supported by 103 to 148 sales over the past year. Units show stronger momentum, with a median of $530,734 and 31.6% growth, though sales volumes are thin. Rents have risen 12.7% to $620–$680 weekly, lifting gross yields to 4.4–4.6%. Supply is tight at 40 listings last month, while affordability is a constraint given the wide price spread and recent rapid appreciation. Rate sensitivity remains an implied risk.