33 Waratah Avenue, Victoria Point QLD 4165
33 Waratah Avenue, Victoria Point QLD 4165
4 bed | 1 bath | 701m² block | single-level older house | family suburb with coastal proximity
This is a spacious family house on a generous suburban block in an established part of Victoria Point, where larger lots are becoming less common. The four-bedroom configuration is well-suited to owner-occupier families who value yard space and a low-density setting over modern finishes. The property sits within the catchment of both the local state primary and high school, which adds practical appeal for buyers with school-aged children. The single-level layout and detached form also make it a viable option for downsizers seeking a conventional suburban home without stairs. The combination of a large land area and a functional but dated floorplan means the property offers genuine potential for renovation or future redevelopment, depending on local planning rules.
The single-bathroom configuration is the most significant constraint here, as it limits the property’s appeal to families who expect an ensuite or second bathroom as standard. The internal building area of 112 square metres is modest for a four-bedroom house, which may mean the bedrooms are smaller than what many buyers now expect. The property is likely an older dwelling with no confirmed build year or renovation history, so the condition of the roof, plumbing, and electrical systems should be carefully inspected. The satellite-derived building size of 263 square metres suggests there may be covered outdoor areas or a larger footprint than the internal figure implies, but this discrepancy needs physical verification. The estimated rental yield of around 3.9 percent is reasonable for a detached house in this suburb, though it may not appeal to investors seeking higher returns from newer stock.
Detailed Independent Property Report prepared by PropCred Analyst team for 33 Waratah Avenue, Victoria Point QLD 4165
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
Victoria Point is a robust, trade-oriented suburb exhibiting strong momentum, particularly in its housing market. Demand is driven by a solid local workforce, with high sales activity and significant annual price growth reflecting deep buyer engagement. The market is characterised by rapid house turnover, though unit sales face a notable headwind with extended marketing times. Future growth is underpinned by sustained transactional volume, yet the divergence in performance between asset classes and slower sales relative to broader benchmarks present clear constraints on liquidity.
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PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
2
Land
701m²
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