73 Cumberland Cres, Heritage Park QLD 4118
73 Cumberland Cres, Heritage Park QLD 4118
4 bed family house | 610m² standard block | family-oriented suburb | mid-sized suburban holding | strong family demand
This property sits comfortably within Heritage Park’s mainstream family market. Four bedrooms and two bathrooms on a 610m² block align directly with what local buyers—particularly young families and owner-occupiers—are seeking. The configuration offers practical everyday living without excess, making it a sensible choice for those wanting space without the upkeep of a larger lot. Its position in an established residential pocket adds to its appeal, with schools, parks, and shops within a reasonable distance. This house would serve best as a long-term family home or a solid addition to a rental portfolio aimed at family tenants.
Value may be shaped by how the interior presents against comparable stock. A well-kept, modernised interior could push interest higher, while dated finishes might leave room for negotiation. The 610m² block is functional but not oversized, so buyers seeking extensive outdoor space may look elsewhere. The absence of confirmed build year or floor area means age and layout efficiency remain open questions—these could influence perceived value. The property’s final price might hinge on presentation quality, street appeal, and how quickly the current owners are willing to move.
Detailed Independent Property Report prepared by PropCred Analyst team for 73 Cumberland Cres, Heritage Park QLD 4118
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Heritage Park remains a family-oriented market, with half of households being couples with children, 29% of residents under 19, and 53% classified as purchasers. Demand is owner-occupier led; 67% of owners carry a mortgage and incomes are high. The median house price is $906,000–$945,000, with annual growth of 8.67–14.55% depending on source, though one measure shows 4.7% over 12 months and another 9.8% compound. Houses sell in 15–16 days (30 per one source), indicating firm but thin turnover—74–77 sales in the past year. Rental yields are 4.00% for houses and 4.03% for units, with median house rent at $680 weekly. Sustained family demand and steady yields underpin the market; the principal constraint is shallow sales volume, which can amplify price swings.
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PropCred Estimated Value
Comparable Sales: 53 Cumberland Crescent sold $740,000; 3 Hampshire Close sold $840,000 | Property Price Band: $700K–$800K | Value Drivers: interior condition, land size practicality, street location
Bedrooms
4
Bathroom
2
Parking
2
Land
610m²
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