32 George Street, Warwick QLD 4370
32 George Street, Warwick QLD 4370
Spacious 1,016 m² lot | three-car parking | established regional house | steady family demand | measured selling pace
A three-bedroom, one-bathroom house with three-car parking is offered on a full 1,016 square metre lot. That combination is strong because space for vehicles, storage, or a workshop is provided without losing the traditional detached-house feel. The property is set in Warwick’s established residential area, where generous blocks are common but this land size is well above many newer houses. The configuration is best suited to owner-occupiers, downsizers, and regional investors who need practical space. The large land area is the standout feature, with room to extend, landscape, or simply enjoy a wider footprint than newer houses offer.
Value may be shaped by condition and presentation, as they are easily compared. The block might support subdivision, but approval would need to be explored. Rental demand is steady, so the three-car layout is seen as practical. The land’s size is likely to remain a practical advantage. Deferred maintenance should be weighed against land rarity.
>> Comparable Sales: 32 Baguley Street sold for $325,000 in 2010 | Property Price Band: $700,000–$800,000 | Value Drivers: land size, three-car layout, presentation
Detailed Independent Property Report prepared by PropCred Analyst team for 32 George Street, Warwick QLD 4370
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
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Market Insight
Warwick, a 25.9 sq km suburb with 19 parks, is seeing robust price growth. House values rose 18.8-22.6% annually across sources; median reported between $461k and $600k. Units also grew up to 27%, albeit on limited volume. Demand is led by older owner-occupiers, mostly childless couples; 60.5% of homes are owner-occupied. A brisk market sees 331 sales in 12 months and houses selling in 24-32 days. Rents are climbing: houses up 14.6%, units up 5.3% year-on-year. Future growth is constrained by a thin unit market and modest population increase of 0.6%. Mortgage repayments of $1000-1399 per month suggest rate sensitivity. Warwick’s growth is real, but affordability pressures and supply limits temper upside.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
3
Land
1016m²
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