7 Richard Charles Drive, Kawungan QLD 4655
7 Richard Charles Drive, Kawungan QLD 4655
Large corner block | 4-bedroom family house | 826 m² land | fully fenced | 2-car parking
This property offers a rare combination of a substantial 826 m² corner allotment with a functional four-bedroom, two-bathroom layout that suits families seeking space and separation. The corner position provides added privacy, potential for dual access, and a sense of openness not found on standard lots. The fully fenced yard and two-car parking further reinforce its appeal to owner-occupiers who value outdoor room and secure parking. In Kawungan, a detached house on a block of this size stands out as a more substantial holding than typical suburban stock, making it best suited to buyers looking for a long-term family home with room to grow or adapt.
The value of this house may be influenced by its corner configuration, which can offer development potential or simply a better living environment, depending on local zoning and neighbourhood character. The absence of confirmed build age or interior specification means the buyer should verify the condition of key elements such as roofing, plumbing, electrical systems, and kitchen or bathroom finishes before forming a price view. The large land area could support future extensions or a granny flat, but this depends on council approvals and site constraints. Rental demand appears moderate based on the weekly lease figure, though yield should be weighed against the higher entry price implied by the land component.
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Richard Charles Drive, Kawungan QLD 4655
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Kawungan is a mature, established suburb characterised by high owner-occupancy and a demographic skew towards older couples. Demand is driven by this stable, outright-owning resident base seeking detached housing, supported by robust capital growth and strong rental yield performance. The market demonstrates significant price appreciation and tight selling periods, indicating sustained buyer competition. Future growth is underpinned by this solid demographic foundation and consistent sales activity, though price variability and limited new supply present potential constraints on affordability and market fluidity.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
826m²
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