44 Lexington Drive, Worongary QLD 4213

44 Lexington Drive, Worongary QLD 4213
3/2/2 house on 735m² | Quiet established pocket | Late-1980s style | Family-focused demand | Suburban convenience, not acreage A competitive position is held within Worongary’s established residential pocket, where the 735m² lot and late-1980s detached form meet the mainstream family demand for lower-density living without acreage commitment. The three-bedroom, two-bathroom layout serves owner-occupiers seeking a functional family house on a manageable block, supported by a quiet street character and proximity to major retail and transport corridors. Compared with the suburb’s broader mix of larger rural and dual-living holdings, this property offers a more conventional and accessible entry point, making it attractive to upgraders and families prioritising convenience and established neighbourhood quality. Value may be shaped by the condition and presentation of the house, as no premium finish level is verified for this property. The absence of confirmed aspect or amenity features could moderate comparison with higher-spec renovated homes nearby. Land size and street position might support strong demand, but a buyer’s final view is likely to depend on inspection findings and the level of modernisation required. >> Comparable Sales: not disclosed in this analysis | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, layout, condition
Detailed Independent Property Report prepared  by PropCred Analyst team for 44 Lexington Drive, Worongary QLD 4213
Checks found:
Value Risk 2
Liquidity Risk 2
Planning Risk
Income Risk 2
Execution Risk
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Market Insight

Worongary is a high-value Gold Coast suburb where demand is driven by affluent households; median weekly income is $2,160, 43% above regional Queensland. House prices range from $1.336m to $1.58m depending on source, with annual growth between 13.26% and 23.4%. The market is brisk-houses average 22 days on market, although five-bedroom homes take 55 days. Median house rent is $1,200 a week, producing a 4.14% gross yield; unit yields are higher at 4.88%, though no unit price data exist. Annual sales volume is 87–98. The suburb’s small, older population (6,021; average 42) and local schools underpin steady demand. No transport, infrastructure, vacancy, or supply data are available, leaving future growth constraints unquantified.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

4

Land

735m²

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