43/17 Piccadilly Street, Bellmere QLD 4510
43/17 Piccadilly Street, Bellmere QLD 4510
3-bedroom townhouse in Bellmere complex | modern with courtyard and balcony | pool access | near schools and park
The property is competitively positioned as a modern, low-maintenance townhouse within a well-kept complex, offering a private courtyard and balcony that are rare at this price point in Bellmere. Its 143mยฒ floor plan and pool access appeal strongly to first-home buyers or young families seeking lock-and-leave convenience near Bellmere State School and Tullawong State High School. The 2019 purchase price of $325,000 and current estimated value of $732,000 indicate significant capital growth, though this must be verified against comparable sales.
The risk lies in the property’s classification as a townhouse or unit within a complex, which may limit financing options for some buyers and could affect resale liquidity compared to standalone houses. The complex’s owner-renter split of 100% owner-occupied suggests stable occupancy, but the 14-day average days on market for Bellmere indicates a fast-moving market where overpricing could lead to quick rejection. The opportunity is in the suburb’s demographic profileโ34% under 20 and 30% aged 20-39โsuggesting sustained demand from families and first-home buyers, while the median price of $780,000 for three-bedroom houses provides a ceiling for this townhouse’s value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 43/17 Piccadilly Street, Bellmere QLD 4510
Market Insight:
This suburb is a family-oriented market with strong demand from young, working households, evidenced by a high proportion of children and couples. Recent price growth has been robust, supported by a tight sales market and consistent transaction volume. Future growth is underpinned by significant population expansion and rising household incomes, though limited rental and sales listings suggest potential supply constraints that could pressure affordability.