61 Lukin Terrace, Baringa QLD 4551
61 Lukin Terrace, Baringa QLD 4551
2019-built terrace | 3-bed 3-bath premium layout | 100m² compact footprint | walk-to-schools position | no body corporate
This property holds a clear competitive edge in Baringa’s newer-growth market through its three-bathroom configuration, which is uncommon for a three-bedroom terrace and signals a step above standard entry-level stock. The 2019 build, combined with stone benchtops, ducted air-conditioning, and built-in robes, places it among the better-finished low-maintenance homes in the Aura precinct. Its position within walking distance of Baringa’s schools, shops, and dining strengthens its appeal for downsizers and young professionals seeking lock-and-leave living without sacrificing amenity. The absence of body corporate fees adds a practical ownership advantage, while the compact 100m² lot suits buyers prioritising location and efficiency over outdoor space. This property best serves those wanting modern, secure, and low-upkeep housing in a master-planned community.
The small land component may temper long-term capital growth compared with detached houses on larger blocks, though the terrace format itself aligns with the area’s housing mix. Rental appraisal of $680–$720 per week suggests solid income potential, which may attract investors alongside owner-occupiers. The confirmed school catchment and lack of flood or bushfire overlays reduce some buyer concerns, but the unconfirmed street aspect could affect natural light and privacy, which may influence how quickly it sells. The nearby retirement village development signals ongoing demographic diversity, though it does not directly impact this property’s value. Buyers should weigh the premium bathroom count against the modest land size when forming a price view.
|| Comparable Sales: Similar 2019-built terraces in Baringa have sold between $790,000–$830,000 | Property Price Band: $800,000–$900,000 | Value Drivers: three-bathroom layout, 2019 build quality, walk-to-school location
Detailed Independent Property Report prepared by PropCred Analyst team for 61 Lukin Terrace, Baringa QLD 4551
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Baringa is a young, family-dominated suburb: median age 31, 84% family households, and 80% of owners holding mortgages. That points to working families as the core buyer base, supported by steady sales volume of 131–133 houses annually. House prices span $824,292 to $1,025,760 depending on source, with annual growth of 7.4% to 8.67% and a median 19 days on market, signalling strong demand and fast turnover. House rents range $710–$720 weekly, with gross yields of 4.41% for houses and 4.27% for units. Evolving infrastructure underpins future demand, though limited unit data and no vacancy rate temper visibility for investors.
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PropCred Estimated Value
Comparable Sales: Similar 2019-built terraces in Baringa have sold between $790,000–$830,000 | Property Price Band: $800,000–$900,000 | Value Drivers: three-bathroom layout, 2019 build quality, walk-to-school location
Bedrooms
3
Bathroom
3
Parking
1
Land
100m²
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