37 Gundagai Drive, Capalaba QLD 4157

37 Gundagai Drive, Capalaba QLD 4157
4 bed 2 bath 2 car | 714m² low-density lot | Pool, shed, side access | Built 1994 | Family-focused Capalaba A 4 bed, 2 bath, 2 car house is presented on a 714m² lot, a size that is larger than much of Capalaba’s standard stock. Its single-storey layout, combined with a pool, rear shed, and side access, is well suited to families and outdoor activities. The property is placed in a low-density residential zone, where a predominant detached-house character supports strong appeal for owner-occupier buyers and rental investors alike. The 1994 build might be viewed as older relative to newer stock, with the condition of the pool and roof as key price influences. The generous land size could be leveraged for future extensions, which may attract buyers looking for renovation scope. The property’s long-term appeal might be affected by wider development shifts in the area. >> Comparable Sales: 38 Gundagai Drive – $1.16M | Property Price Band: $1.1M-$1.2M | Value Drivers: 714m² land, 4/2/2 layout, condition
Detailed Independent Property Report prepared  by PropCred Analyst team for 37 Gundagai Drive, Capalaba QLD 4157
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk
Income Risk
Execution Risk ! 1
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Market Insight

under 900 chars. Must cover points. AFR-style precise. No demographic data like wages, but qualitative. Need suburb Capalaba. Position. Demand drivers. Price trends. Future drivers risks. Use data. No advisory. Write one paragraph. Need include name, positioning. Demand: couples with children, trades, high owner-occupancy, rents up, population growth. Price: houses $935k +8.8%, $1M +11.7%, units $700k +20.7%. Days on market 26. Rental yields 3.5/3.6. Risks: price range, mortgage repayments high, sales volume variable, rate sensitivity. Future drivers: infrastructure proximity, parks, schools, population growth. Need no median wages. Let’s craft. Count characters. Ensure <900.Capalaba sits in Redland City, a family-oriented market where demand is driven chiefly by couples with children aged 30–49, many working in trades. Owner-occupancy is high at 72.3%, and the suburb’s 42 parks, school catchments, and access to Redland amenities reinforce its appeal. Conditions have tightened: houses are selling in a median 26 days, with prices ranging from $935,000 (up 8.8% annually) to $1,089,283, while one estimate puts growth at 11.7% to $1,000,000. Units are stronger, up 20.7% to $700,000 in one series. Gross rental yields remain modest at 3.5% for houses and 3.6% for units, but rental demand is firm-house rents rose up to 4.8% and unit rents 6.3% over the past year. Population grew 3.9% from 2016–2021, underpinning future demand. The principal constraints are affordability and rate sensitivity: median prices near $1 million imply substantial mortgages, and annual sales volume varies widely between 85 and 219 houses, signalling uneven supply. Rapid price appreciation leaves the market exposed to rising interest rates.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

714m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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