35 Foley Way, White Rock QLD 4306

35 Foley Way, White Rock QLD 4306
4 bed family home | large 277mΒ² building on 503mΒ² lot | high 55% coverage | no overlays | fibre & 5G This house presents a strong, modern family proposition, distinguished by its substantial building size and efficient land use. The 277mΒ² floor plan on a 503mΒ² lot delivers above-average internal space, a competitive edge for larger households seeking multiple living areas. Its position in a newer estate with reliable infrastructure and no council overlays removes significant due diligence risks. It best serves an owner-occupier prioritizing immediate space and modern comforts over yard size, or an investor targeting family rental demand with a high-confidence yield. The primary financial consideration is the premium implied by its last sale price three years ago, demanding scrutiny of recent suburb momentum to validate current pricing. The calculated 3.2% gross rental yield is typical for the sector, positioning it as a stable, income-supporting purchase rather than a high-growth speculation. Proceed with a standard building and pest inspection, then hold as a long-term primary residence or a lower-maintenance investment within a diversified portfolio. Nearby Comparable: 29 Foley Way, a 5 bed/3 bath on a 512mΒ² lot with a pool and solar, is estimated at $1,526,000. This suggests our subject property, while having one fewer bedroom and bathroom, commands a value reflective of its significantly larger building footprint and superior coverage, confirming its construction scale justifies a mid-range price point.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

White Rock is a professional, family-oriented suburb with strong recent capital growth, evidenced by a median house price of $885,000 and 19.59% annual growth. Demand is driven by local owner-occupiers and interstate investors attracted to Queensland’s relative affordability and long-term prospects linked to the 2032 Olympics. The market is characterised by high demand and low inventory, with 54 sales in the past year, creating competitive conditions. Future growth is underpinned by major infrastructure investment, though key risks include sustained affordability pressures and critically low rental vacancy rates.
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PropCred Estimated Value

Bedrooms

Bathroom

Parking

2

Land

503mΒ²

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