58 Fred Pham Cres, Doolandella QLD 4077
58 Fred Pham Cres, Doolandella QLD 4077
Quiet bushland aspect | Modern 4-bed family home | 46% building coverage | 5 days on market
This property presents a competitively strong, modern family home in a quiet, established pocket, directly opposing natural bushland for privacy. Its 230mΒ² built size on a 500mΒ² lot offers substantial internal space with a manageable yard, served by a functional layout including separate living areas and quality finishes. It best serves an owner-occupier seeking a durable, low-maintenance home in a family-centric locale with immediate access to parks and schools, positioning it as a scarce turnkey offering in its segment.
Decision hinges on its premium to suburb median, justified by superior size and condition, against the bushfire overlay which necessitates insurance scrutiny. The short time on market signals ready buyer demand. Acquire for long-term hold, leveraging its family appeal for stable capital growth, as rental yield is secondary to its owner-occupier design. Proceed with a building inspection to validate the 2011 construction quality.
Recent sales indicate this property commands a significant premium. 58 Northampton Crescent, a smaller 466mΒ² lot, sold for $485,000 in May 2024. This stark differential underscores the value placed on this home’s modern build, larger footprint, and superior presentation, justifying its estimated valuation well above the suburb median.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Doolandella is a rapidly expanding suburb with strong fundamentals, driven by young professionals and new residential developments. House prices have surged, with median values around $925,000 and robust annual growth of approximately 10-12%, supported by high sales volume and houses selling in just over three weeks. Future growth is underpinned by significant population increase and new housing supply, though its reliance on continued affordability for its dominant demographic presents a key sensitivity.