5 Glendale Cres, Heathwood QLD 4110
5 Glendale Cres, Heathwood QLD 4110
Modern family house | Mainstream Heathwood tier | 4-bed 2-bath double garage | Mid-sized lot | Family-focused suburb
This property sits squarely in the mainstream family-home segment of Heathwood, where modern detached houses on mid-sized lots are the norm. The configuration—four bedrooms, two bathrooms, and double garage—matches what most local buyers are seeking, making it a practical choice for owner-occupier families rather than investors. The street itself carries a consistent character of post-2000 housing, which gives the house a contemporary feel and reduces surprises around neighbouring properties. For a family wanting a straightforward, low-maintenance suburban home with good connectivity and no overlay concerns, this is a sensible fit.
The land size and internal layout will most likely drive the price more than any single feature. A slightly larger or smaller lot compared to similar houses on the street may shift value by a few percent, and the quality of finishes—kitchen, flooring, and outdoor space—could matter just as much. The property’s position within the street, particularly aspect and proximity to quiet corners, might influence buyer perception. Buyers should weigh how the house presents against others in the area, since condition and presentation often separate similar listings.
|| Comparable Sales: 9 Glendale Cres sold $1.07M; 52 The Avenue sold $1.06M | Property Price Band: $1.0M–$1.1M | Value Drivers: Land size, internal condition, street position
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Glendale Cres, Heathwood QLD 4110
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Heathwood is a compact, family-dominated market where a young demographic—average age 34, households of 3.4—drives owner-occupier demand. High local incomes and a thin sales pipeline (49 houses annually) underpin prices near $1.04 million, with annual growth between 4.6% and 6%. The tight 23–43 day selling timeframe indicates steady buyer interest, yet the 3.69% gross yield and heavy mortgage reliance (85% of owners) expose the suburb to rate sensitivity. The median price sits well above the Queensland average, a constraint on future gains. Momentum is modest: Boomscore’s 46/100 rating points to flat-to-marginal capital growth rather than a breakout, with affordability and supply pressures likely to keep price appreciation in check. Renters face $720 weekly medians, reinforcing a purchase market.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 9 Glendale Cres sold $1.07M; 52 The Avenue sold $1.06M | Property Price Band: $1.0M–$1.1M | Value Drivers: Land size, internal condition, street position
Bedrooms
4
Bathroom
2
Parking
2
Land
448m²
URL has been copied successfully!