5 Payne Lane, Urraween QLD 4655
5 Payne Lane, Urraween QLD 4655
4-bed 2016 build | single owner since new | quiet cul-de-sac end | 6 car spaces
This property presents a competitively strong offering due to its modern construction, substantial parking capacity, and premium positioning within a sought-after estate. The combination of being a single-owner house from new at the terminus of a quiet street appeals directly to families seeking low-maintenance security and established neighbourhood character. It serves the owner-occupier seeking a long-term hold with minimal compromise.
The primary risk is the absence of recent comparable sales, which obscures true market calibration and exposes a buyer to overpayment. The limited suburb data further complicates yield and growth assessments. Proceed only with a disciplined independent valuation to anchor your offer, treating this as a primary residence rather than a short-term investment vehicle.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Payne Lane, Urraween QLD 4655
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Market Insight:
Urraween presents a robust, high-growth market, with house prices surging at nearly 10% annually to a median of $749,508. Demand is underscored by rapid sales, with houses typically transacting within 17-21 days and strong annual sales volume. The unit market, though limited in data, shows explosive price growth of 25.7%. This velocity suggests high buyer competition, likely driven by investors and owner-occupiers attracted to solid rental yields around 4.6%. Future growth will hinge on sustained demand, though the market’s current pace and limited unit supply present a potential constraint on affordability and entry.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
6
Land
Assessments Delivered Today
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