40 Anderson Road, Woree QLD 4868
40 Anderson Road, Woree QLD 4868
A 1980 single-story solid block house with three bedrooms plus a study one bathroom one car space 108 m² internal living on 700 m² of land. Features include open plan living undercover patio and fully fenced yard. Bushfire overlay applies no flood risk. Located in a low-density residential part of Woree.
This house is considered one of the more substantial options in its suburb due to its 700 m² parcel and solid block construction from 1980. The layout which includes an open plan living area and a study that could be used as an extra bedroom is well suited to families seeking space without moving to a larger property. Its fully fenced yard and undercover patio provide practical outdoor amenity. The property is expected to appeal to investors given the steady rental demand for three-bedroom family homes as well as owner-occupiers wanting a sound low-maintenance residence. Positioned in a stable low-density part of Woree it avoids flood risk while offering reasonable access to local schools. The single bathroom and one car space are typical for its era and do not detract from its overall appeal in context.
The bushfire overlay detected on the property may influence insurance costs or future renovation options though no flood risk is present. The 1980 build might require updates to finishes or systems which could be factored into the price. The single bathroom and one car space may limit appeal for some families particularly those used to modern two-bathroom standards. These factors should be weighed when forming a view on value but are not prohibitive given the housings solid construction and land size.
Detailed Independent Property Report prepared by PropCred Analyst team for 40 Anderson Road, Woree QLD 4868
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Woree presents a compelling investment proposition within the Cairns region, driven by strong demand from interstate and local investors attracted to its relative affordability and high rental yields. The market is characterised by exceptionally tight conditions, with low inventory and rapid sales fuelling significant recent price appreciation. Future growth is underpinned by a tourism-driven population rebound and persistent regional housing shortages, though this same supply constraint presents a key risk, with new developments still years from alleviating the pressure on affordability.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
700m²
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