47 Mortlake Cres, Boronia Heights QLD 4124
47 Mortlake Cres, Boronia Heights QLD 4124
4-bed family house | 1-bath constraint | 639 m² usable block | no overlay risk | solid rental demand
This property holds a clear competitive edge as a four-bedroom house on a genuinely usable 639 m² block in a quiet, established family pocket of Boronia Heights. The 163 m² building footprint is generous for the suburb, giving each bedroom practical floor space that many newer builds lack. With reliable HFC NBN and 5G coverage, it suits modern working families who need connectivity without sacrificing yard space. The single-bathroom layout is the one notable compromise, but for a buyer prioritising land size and bedroom count over ensuite convenience, this house offers rare value in a market where such blocks are increasingly subdivided or built over. It serves best a growing family or an investor targeting steady detached-house rental demand.
The 1-bath configuration may temper price growth compared to renovated 2-bath competitors, as family buyers often weigh bathroom count heavily when comparing similar-sized homes. The estimated 3.3% gross yield suggests rental income is modest relative to value, so an investor should factor in capital growth rather than cash flow alone. The absence of flood, bushfire, or heritage overlays removes hidden risk, but the lack of confirmed modern finishes means the interior condition could shift perceived value significantly. A buyer should inspect whether the kitchen and bathroom have been updated, as this will most materially influence final price.
Detailed Independent Property Report prepared by PropCred Analyst team for 47 Mortlake Cres, Boronia Heights QLD 4124
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
This suburb’s housing market is driven by young families: 42% of households are couples with children and 29% are under 19. House prices have risen 14-15% annually to a median near $812,500, selling in under 30 days. Rental demand keeps houses at $565-600 weekly, but yields are 16% below Brisbane. The unit segment is thin, with fewer than five sales this year. Owner-occupier demand supports further growth, though affordability constraints and limited unit supply pose risks.
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PropCred Estimated Value
Comparable Sales: 43 Mortlake Cres sold $780k–$820k; 69 Mortlake Cres listed $830k–$860k | Property Price Band: $800k–$900k | Value Drivers: land size, bedroom count, interior condition, single-bathroom limitation.
Bedrooms
4
Bathroom
1
Parking
1
Land
640m²
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