47 Shell Street, Urangan QLD 4655
47 Shell Street, Urangan QLD 4655
47 Shell Street is a five-bedroom, two-bathroom freestanding house on a single level with two parking spaces on a 1,012-square-metre lot in a medium-density residential zone near the Urangan waterfront.
This property is competitively strong due to its rare combination of five bedrooms and a generous 1,012-square-metre lot, which is significantly larger than typical stock in Urangan. Its medium-density zoning offers flexibility for future subdivision or dual occupancy, appealing to families seeking multi-generational living or investors eyeing development potential. The location near the Urangan waterfront enhances desirability, while the high bedroom count and large land area position it as a standout in a suburb where such configurations are uncommon. This house best serves buyers wanting space, capacity, and strategic land use.
The value of this property may be influenced by its recent sale history and current market positioning, as the price point appears elevated relative to past transactions, which might reflect renovations or broader market shifts. The lack of confirmed water views could temper some buyer interest, despite waterfront proximity. Opportunities to explore include the feasibility of subdivision or dual occupancy under current zoning, which may add significant value if council approvals are obtainable. Buyers should weigh these factors when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 47 Shell Street, Urangan QLD 4655
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Urangan’s property market is characterised by strong house price growth, with median values between $725k and $763k and annual gains of 7.7% to 16.95%, indicating robust demand. This demand is primarily driven by the rental market, where weekly rents for houses have increased by up to 8.3%, reflecting high tenant competition. However, a key constraint is emerging buyer caution, evidenced by houses taking 21 to 63 days to sell, suggesting a more measured market pace despite the upward price momentum.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
2
Land
1012m²
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