50 Burke Cres, Mudgeeraba QLD 4213
50 Burke Cres, Mudgeeraba QLD 4213
Owner-occupied street | 615sqm family block | 4 parking spaces | Primary school catchment | Established suburb with strong median
This property sits on a generous 615sqm block in a street where 95% of residents are owners and 91% have lived there over five years, which signals low turnover and high neighbourhood stability. The four parking spaces are a genuine rarity for a house of this size and floor area, giving it an edge for multi-car families or those requiring secure storage. Positioned within 1.3km of Mudgeeraba State School and with a suburb median of $1.35m, the price estimates align well with the local market, making it a credible entry point for a family seeking long-term hold in a proven corridor.
The main risk is the lack of recent sale data on the street itself, which limits direct comparables and may require a cautious approach to valuation. The 2004 last sale date without price history means the vendor’s cost base is unknown, potentially creating negotiation asymmetry. For a buyer, the opportunity lies in the low rental turnover and family demographic—this property suits an owner-occupier who will benefit from school catchment stability and low street churn. Hold it as a primary residence and let the established suburb’s median growth do the work.
Detailed Independent Property Report prepared by PropCred Analyst team for 50 Burke Cres, Mudgeeraba QLD 4213
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
URL has been copied successfully!
Market Insight
Mudgeeraba presents as a family-oriented suburb experiencing strong market momentum, with demand driven by its appealing lifestyle and proximity to key amenities. This has translated into robust price growth across both houses and units, supported by a competitive sales environment where properties transact swiftly. Future prospects are anchored in these established desirability factors, though the high proportion of mortgaged owners suggests potential sensitivity to broader economic conditions.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
4
Land
615m²
URL has been copied successfully!