64/102-104 Alexander Drive, Highland Park QLD 4211
64/102-104 Alexander Drive, Highland Park QLD 4211
64/102-104 Alexander Drive, Highland Park | three-bedroom townhouse in a 79-property complex | 15-day average turnover in a family-oriented suburb | strong school catchment within 0.3km | last sold in 2015
This townhouse sits in a high-demand corridor where three-bedroom stock turns over in 15 days, giving a buyer rare negotiating leverage if acting quickly. The 2015 purchase history suggests the current owner has held through a full cycle, meaning the price guide likely reflects genuine market adjustment rather than speculative markup. The 0.3km proximity to William Duncan State Primary and Nerang State High School catchment makes this property a logical fit for families seeking walkable schooling, a cohort that dominates the 35% of residents aged 20-39. The 75% owner-occupier street profile reduces rental volatility and supports long-term value stability.
The primary risk is the complex scale—79 properties can dilute exclusivity and create variable maintenance outcomes. The 0% auction clearance rate in the area signals that private treaty negotiation is the only viable path, and buyers should budget for a longer settlement period. The 25% renter share on the street introduces some turnover noise but is manageable. For a buyer, this property works best as a hold-and-occupy family home or a low-maintenance rental in a proven turnover market; do not expect capital gains acceleration beyond the suburb median without a renovation.
Detailed Independent Property Report prepared by PropCred Analyst team for 64/102-104 Alexander Drive, Highland Park QLD 4211
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Highland Park is a mature, well-located suburb with a stable, professional demographic. Demand is driven by established owner-occupiers seeking quality homes near amenities, supported by a tight rental market with extremely low vacancy. Recent price growth has been exceptionally strong, reflecting a significant supply shortage and competitive conditions. Future growth is underpinned by this chronic undersupply, though the market shows sensitivity, with auction clearance rates lagging the broader state, indicating a potential constraint on momentum.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
135m²
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