31 Gecko Court, Woombah NSW 2469
31 Gecko Court, Woombah NSW 2469
3-bed house on 4,432m² | Sold $995K Aug 2024, $465K Jan 2019 | Rural-residential feel, large block | Bushfire overlay possible nearby | Owner-occupier tree-change market
This property offers a rare combination of a solid three-bedroom house and a genuinely substantial 4,432m² block in a low-density suburb where detached homes dominate. The land size is the standout feature, giving buyers privacy, room for outbuildings, and a rural-residential lifestyle that is increasingly sought after. It suits owner-occupiers—likely retirees or downsizers wanting space—rather than investors, given the area’s thin rental evidence and modest median rents. The configuration is typical for Woombah at three bedrooms, but the landholding is materially larger than most comparable homes, which strengthens its appeal to those prioritising space over proximity to services.
The price trajectory shows strong growth, with the 2024 sale at $995,000 more than doubling the 2019 price of $465,000. That said, the value may be influenced by the bushfire overlay noted on nearby parcels, which could affect insurance costs and building flexibility. The lack of confirmed build year or finish quality means condition should be inspected directly, as this may drive value more than land size alone. Buyer demand for large rural lots can be less liquid than standard suburban homes, so resale may take longer, but the scarcity of such blocks in the area supports a resilient price floor.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Gecko Court, Woombah NSW 2469
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Woombah, a rural Clarence Valley locality, trades as a lifestyle market rather than a commuter one. Demand centres on riverfront and acreage properties, with recent sales including 2–5+ bedroom homes and transaction volumes of 16–21 annually. Median house prices have firmed: $895,000 per 2025 data, with annual growth between 2.2% and 10% depending on source. Stock is tight, with only 7 houses on market, down 30% year-on-year, and a 0.51% vacancy rate. Rapid absorption is reflected in 123–158 days on market. Limited supply and lifestyle appeal underpin pricing, though affordability constraints loom above $887,000 and the thin sales base adds volatility.
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PropCred Estimated Value
Comparable Sales: 41 Adams Street, Woombah sold $462,000 (2020) on 2,023m² | Property Price Band: $950K–$1.05M | Value Drivers: Land size, condition, bushfire overlay impact
Bedrooms
3
Bathroom
2
Parking
4
Land
1.1 acres
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