31 Glenmore Drive, Ashmore QLD 4214

31 Glenmore Drive, Ashmore QLD 4214
4 bed family house | large Glenmore Drive block | auction sale method | strong family-home demand | established Ashmore pocket This property sits within a tightly held Glenmore Drive precinct where large, family-oriented houses on substantial blocks are the clear pattern. The 4-bedroom, 2-bathroom, 2-car configuration aligns directly with what local buyers in this area actively seek, and the street’s character of generous landholding and established residential amenity gives this house a natural advantage. It is best suited to established families or move-up buyers wanting space, privacy, and proximity to quality school catchments, with the broader pocket offering a blend of renovated and original homes that supports strong market interest. The value of this house may be shaped by how its internal condition and land size compare with the street’s typical offering, as nearby homes often feature pools, multiple living areas, and extensive parking. Its age and renovation level could influence buyer perception, while the flatness of the block and orientation may affect outdoor usability and light. Buyers should weigh the potential for improvement or extension against the premium typically paid for move-in-ready homes in this location, as presentation and land quality are likely to drive final competition. || Comparable Sales: 31 Walabah Drive sold for $1.725M on 1,154m²; 43 Glenmore Drive sold with architectural features on 1,147m² | Property Price Band: $1.5M–$1.6M | Value Drivers: land size, condition and presentation, layout suitability for family living
Detailed Independent Property Report prepared  by PropCred Analyst team for 31 Glenmore Drive, Ashmore QLD 4214
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk 2
Income Risk 2
Execution Risk ! 1
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Market Insight

Ashmore is a family-oriented Gold Coast suburb with strong school catchments and a mix of established houses and newer units. Demand is pivoting to units, as buyers face limited house supply; Q4 2025 sales jumped 56.6% for houses and 39.1% for units. Unit prices outpace houses, rising 22.2% annually to a $825,000 median, while houses gained 12.7% to $1.33 million. Units also yield 5.2% versus 4.2% for houses, and house rentals tightened, with 149 tenancies in Q4 2025 and 2-bedroom rents up 11.8%. Future growth draws on $766.7M of planned infrastructure, commercial and residential projects, though none add detached housing within Ashmore itself. The key constraint is structural undersupply: with only three villas planned and no new houses, buyers face severe competition and the risk of housing shortage within the suburb.
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PropCred Estimated Value

Comparable Sales: 31 Walabah Drive sold for $1.725M on 1,154m²; 43 Glenmore Drive sold with architectural features on 1,147m² | Property Price Band: $1.5M–$1.6M | Value Drivers: land size, condition and presentation, layout suitability for family living

Bedrooms

4

Bathroom

2

Parking

2

Land

830m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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