36 William Street, West End QLD 4810
36 William Street, West End QLD 4810
Highset 3-bed on 911 m² | walk to beach and shops | renovation opportunity | large block in an established suburb | requires updating
Its competitive position is defined by a 911 m² parcel paired with a highset layout allowing reconfiguration or extension. Blocks of this size are uncommon in this established inner suburb, where much of the stock is older compact housing or smaller unit developments. Advantage is added by the location, with the beach, shops, transport, schools and entertainment within walking distance. Owner-occupiers seeking a renovation project and investors drawn to rental demand are both served by that central, walkable combination. Under-house parking and storage is also provided by the highset form, adding practical value once the required work is completed.
Value may be shaped by the condition of the home, with the confirmed need for work introducing cost uncertainty. Market response might be affected by the scale of updating, though the strongest price signal is likely to be carried by the land. The capital required to bring the house to standard should be weighed against the advantage of a larger block in a walkable location.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 William Street, West End QLD 4810
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
West End QLD 4810 is tightly held, with just 90 house sales over the past year and a median house price of $725,000, up 40.1%. Units sit at $380,900, up 23.3%, with a 5.6% gross yield. Demand is driven by a 30-39 year old Australian-born professional base; houses clear in a median 19 days. Price momentum is the clearest growth signal, while no other demand drivers are evidenced in the data. The key risk is thin turnover, which amplifies volatility. Tight rental conditions—one-bedroom units at $635 weekly—support further pressure, but vacancy data is absent.
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PropCred Estimated Value
Comparable Sales: renovated 3-bed character house on 405 m² sold for $645,000; highset 3-bed needing work on 1,000 m² sold for $610,000 | Property Price Band: $600,000–$700,000 | Value Drivers: land size, condition, walkable location
Bedrooms
4
Bathroom
2
Parking
2
Land
1012m²
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