5 Kurrajong Place, Norman Gardens QLD 4701

5 Kurrajong Place, Norman Gardens QLD 4701
3-bed, 1-bath, 799m² | low-set brick | quiet cul-de-sac | fully fenced garden | sold once in 2000 This property offers a rare configuration in a sought-after Norman Gardens setting: a solid, low-set brick home on a generous 799m² block that is fully fenced and includes a garden, shed, and secure parking. The three-bedroom, one-bathroom layout is smaller than much of the current stock, which often features four bedrooms, making this house a strong fit for downsizers, first-home buyers, or investors seeking a manageable, move-in-ready home with land. The quiet cul-de-sac location and established garden add to its appeal for those prioritising privacy and low-maintenance living. Air conditioning, built-in wardrobes, and an internal laundry are practical inclusions that support comfortable daily use. The property’s age and single-bathroom layout may limit its appeal to families or buyers expecting modern finishes. Being low-set, it offers no upper-level space or aspect advantage, and the brick construction, while durable, may feel dated to some. The sale history from 2000 suggests it has been held long-term, so any deferred maintenance or updates should be carefully assessed. Rental demand in the area is supported by a 4.68% yield and 5.88% annual rent growth, but the smaller floorplan might achieve slightly lower returns than larger homes. Buyers should weigh the land value and quiet location against the need for potential renovations or a less flexible floorplan.
Detailed Independent Property Report prepared  by PropCred Analyst team for 5 Kurrajong Place, Norman Gardens QLD 4701
Checks found:
Value Risk ! 1
Liquidity Risk 2
Planning Risk
Income Risk
Execution Risk
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Norman Gardens is a family-oriented suburb with strong professional demographics, underpinned by quality schooling. Demand is driven by a high proportion of purchasers and a significant rental market, creating competitive pressure. Recent price growth has been robust, reflecting a market where demand is trending upwards against slowing stock levels. Future momentum is supported by these demand drivers, though compressed rental yields indicate a market where capital growth has outpaced income returns, presenting a key constraint for investors.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

799m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat