5 William Close, Gracemere QLD 4702

5 William Close, Gracemere QLD 4702
4 bed family house on 761mยฒ | 150mยฒ internal with multiple living zones | Standard Gracemere family stock | NBN FTTP and 5G connected | No verified build year or finish schedule This property presents as a straightforward family house on a mid-sized lot, with four bedrooms and two bathrooms that align well with typical demand in Gracemere. The multiple living areas and entertaining spaces, referenced in the listing, suggest a layout suited to households who value separation between daily living and formal hosting. At 150mยฒ of internal area, the house offers functional space without being oversized, and the detached form on 761mยฒ gives a solid yard for children or pets. The presence of NBN Fibre to the Premises and 5G mobile coverage supports modern occupier expectations, which strengthens its appeal to owner-occupiers and families seeking a connected suburban lifestyle. This property would serve best a buyer looking for a standard, liveable family home in a low-density residential area, where the configuration is not exceptional but is reliably practical. The absence of verified build year, finish grade, and renovation history means the buyer should factor in potential for age-related condition variability when forming a view on price. The house may have original fixtures or mechanical systems that could require updating, which might influence negotiating room. The lot size and internal area are ordinary for the suburb, so no premium should be expected for rarity, but the multiple living spaces may add functional value relative to simpler floor plans. Without confirmed orientation, aspect, or overlay status, the buyer is advised to inspect for natural light, breeze, and any flood or bushfire exposure that could affect long-term livability or insurance costs. These factors may shift the property’s perceived value from average to slightly above or below, depending on what is found on the ground.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5 William Close, Gracemere QLD 4702
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Market Insight:

Gracemere is a high-growth regional suburb driven by young families, with a median house price of ~$625,000. Demand is anchored by trades-based owner-occupiers, evidenced by a 58.6% ownership rate and strong sales velocity (11 days on market). House prices surged ~22% annually, supported by significant population growth. Future drivers include sustained family demand and tight rental yields of 4.74%. A key constraint is the limited unit market, indicating supply pressures as house prices rise against a $1,711 weekly household income.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

761mยฒ

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