36 Fairway Drive, Bakers Creek QLD 4740
36 Fairway Drive, Bakers Creek QLD 4740
Modern 4-bed family house | Ooralea Waters estate | 600 m² fully fenced | built 2013 | flood overlay caution
A modern 4-bed house is set on a 600 m² fully fenced block in the Ooralea Waters estate. The 2013 build is complemented by a practical layout with two bathrooms, two secure garage spaces, built-in robes, air conditioning and solar panels. A deck and outdoor entertainment area are provided, making the house well suited to relaxed family living or low-maintenance investor ownership. It is situated in Bakers Creek’s newer estate segment, where detached family homes dominate. It is most likely to be suited to couples, growing families, downsizers and local investors seeking a modern, readily manageable house.
The flood overlay should be weighed by buyers. Insurance premiums may be affected and some purchasers might be cautious. Highway proximity may be considered for noise, though access is convenient. Catchment options could broaden demand. These factors may be balanced against the modern layout and presentation when forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Fairway Drive, Bakers Creek QLD 4740
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Bakers Creek, a regional Queensland suburb near Mackay, is a tightly held market defined by scarce housing stock and strong investor interest. With a vacancy rate of 0.28% and just two rentals available, supply constraints underpin a fast-selling environment; houses average 10–15 days on market. Prices rose 20.3%–30.4% annually, with medians between $706,000 and $727,500 across sources. Investor demand is supported by gross yields of 5.6%–5.7% and weekly rents of $700–$720. Sales volume remains thin at 29–33 houses annually, intensifying competition. High-income households and a larger-than-average household size indicate owner-occupier strength. Regional infrastructure investment supports future demand, but the lack of rental stock and declining listings pose affordability and supply-side risks.
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PropCred Estimated Value
Comparable Sales: 36 Fairway Dr (600 m², 4-bed) sold $375,000 in 2017 | Property Price Band: $700,000–$800,000 | Value Drivers: modern layout, 600 m² land, outdoor entertainment area
Bedrooms
4
Bathroom
2
Parking
2
Land
600m²
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