4 Faraday Court, Urraween QLD 4655

4 Faraday Court, Urraween QLD 4655
Quiet cul-de-sac position | 800mยฒ block with established gardens | 6.6kW solar system | multiple living zones for family separation The property’s configuration on a full 800mยฒ lot in a quiet cul-de-sac is its primary competitive advantage, offering space and privacy rarely matched in this pocket of Hervey Bay. The combination of a 34mยฒ double garage with internal access and additional parking for a boat or caravan directly addresses the lifestyle demands of families or semi-retired buyers who value storage and recreational vehicle capacity. The 6.6kW solar system and solar hot water reduce ongoing utility costs, which is a meaningful edge in a market where energy efficiency is increasingly factored into buyer decisions. This house best serves a family seeking long-term occupancy or a downsizer wanting generous outdoor space without sacrificing internal amenity. The building size discrepancyโ€”145mยฒ versus 347mยฒโ€”creates a valuation risk that must be resolved before offer. A buyer relying on the smaller figure for loan valuation may face a gap, while the larger aerial estimate suggests potential for future extension or shed space that is not immediately livable. The absence of sold history means price anchoring depends entirely on comparable sales, requiring careful agent interrogation. The property holds no flood or heritage overlays, which removes two common discount factors in this region. For a buyer, the play is clear: verify the true livable footprint, then hold for family use or rent at the $635โ€“$740 weekly range, where the solar system and yard provide tenant appeal.

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

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Market Insight:

Urraween presents a robust, high-growth market, with house prices surging at nearly 10% annually to a median of $749,508. Demand is underscored by rapid sales, with houses typically transacting within 17-21 days and strong annual sales volume. The unit market, though limited in data, shows explosive price growth of 25.7%. This velocity suggests high buyer competition, likely driven by investors and owner-occupiers attracted to solid rental yields around 4.6%. Future growth will hinge on sustained demand, though the market’s current pace and limited unit supply present a potential constraint on affordability and entry.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

3

Land

800mยฒ

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