64 Shuttlewood Drive, Richmond QLD 4740

64 Shuttlewood Drive, Richmond QLD 4740
Recently built coastal design | Large 2,389 mยฒ block | Richmond premium pocket | Configuration discrepancy across listings | Strong land-value appreciation. The buying case rests on the rare combination of a 2021 build by Higgins Designer Homes on a substantial 2,389 mยฒ block in a sought-after Richmond location. This offers a buyer immediate occupancy without the delays of new construction, paired with land depth that is uncommon for modern houses in this corridor. The light interiors and coastal orientation capture cooling breezes, which supports long-term livability and resale appeal for families seeking a permanent residence or a high-quality regional holding. The property is best suited to buyers who prioritise land scale and recent construction over a turn-key interior specification, and who are comfortable with a location that has demonstrated strong capital growth from its 2018 land sale. The primary risk is the inconsistency across listing platforms regarding bedroom and bathroom counts, which may indicate data error or a non-standard layout that could complicate financing or future appraisal. A buyer must verify the exact configuration through a physical inspection and title search before proceeding. The absence of floor plans and interior photography in the available data limits the ability to assess functional layout and renovation potential. The opportunity lies in the land-to-improvement ratio; the siteโ€™s size allows for future subdivision or a secondary dwelling, subject to council approval, which could unlock significant value. Hold this property as a long-term family home with a view to leveraging the land component for equity growth or future development.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 64 Shuttlewood Drive, Richmond QLD 4740
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Market Insight:

Richmondโ€™s house market is still driven by rising household incomes, a tighter local supply pipeline than the broader region, and steady family demand for roomier regional living while affordability holds better than capital cities. Median house values grew about 1.6% in the last quarter and roughly 4% over the past year, signalling a calm but upward trend through the latest six-month window. Risk sits with the heavily discounted unit sector that has seen steep price falls and near-zero yields, so opportunity is strongest for detached stock while watching any new supply before committing to new builds.
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PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

2389mยฒ

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