64/19 Governor Terrace, Murarrie QLD 4172
64/19 Governor Terrace, Murarrie QLD 4172
Contemporary strata townhouse | Park-facing estate pocket | Family-oriented amenity | Strong owner-occupier demand | Multi-level layout
This property sits within a modern, masterplanned townhouse estate that stands apart from the older detached housing typical of Murarrie. The configuration is genuinely rare for the suburb—a multi-level strata dwelling with internal garage, balcony access from upper bedrooms, and estate amenities like a pool, gym, and BBQ areas. Built around 2018–2019, it offers the practicality of a house-like layout with the low-maintenance appeal of strata living. For a family buyer seeking newer stock near schools, motorway access, and public transport, this is a compelling option that competes well against both older houses and standard apartment product in the area.
The property’s value may be shaped by its position within the estate, particularly whether it holds a park-facing outlook or a quieter aspect over Moonie Ave Park. The wide internal price spread for similar townhouses at this address suggests configuration and presentation drive significant variation. The high capital value relative to rental income means yield-focused investors may find returns modest, but owner-occupiers prioritising space, amenity, and modern finishes will likely see stronger justification. Strata rules and shared facilities may also affect privacy, so reviewing body corporate conditions before committing is worthwhile.
Detailed Independent Property Report prepared by PropCred Analyst team for 64/19 Governor Terrace, Murarrie QLD 4172
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Murarrie, in Brisbane’s eastern suburbs, is a tightly held market with a youthful tilt: 26% of residents are aged 20-34, and 43% of households are couples with children. Demand is driven by buyers seeking proximity to major road networks and new supply like 19 Governor Terrace, with houses typically selling in 15 days. Median house prices span $1.16M-$1.3M depending on source, with annual growth between 3.6% and 8.7%; units are stronger, showing 15.7% growth on a $920,000 median. Rental yields are modest for houses at 3.35% but firmer for units at 4.37%. Future growth rests on infrastructure completions and constrained unit supply, with only 12-32 unit sales annually. Key risks are high entry costs and rate sensitivity, given the buyer income profile mostly in the $52K-$91K bracket.
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PropCred Estimated Value
Comparable Sales: 10/19 Governor Terrace sold $1.5875M, 12/19 Governor Terrace sold $1.22M | Property Price Band: $1.2M–$1.6M | Value Drivers: layout, park outlook, estate amenity
Bedrooms
3
Bathroom
2
Parking
2
Land
219m²
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