73 Pademelon Circuit, North Lakes QLD 4509

73 Pademelon Circuit, North Lakes QLD 4509
73 Pademelon Circuit | 450m² family lot | 4 bed 2–3 bath | North Lakes | brisk 13-day market This property sits in a suburb where 4-bedroom homes trade near the million-dollar mark and sell in under two weeks, which gives a buyer negotiating here a rare window. The 450m² block is standard for the street but the functional low-maintenance layout suits first-home buyers and downsizers who value speed of settlement over square footage. School catchment proximity to Bounty Boulevard State School at 1.2km and North Lakes State College at 3.5km reinforces family demand, and the 2016 sale price of $474,000 suggests the house has been held through a strong capital growth cycle. The bathroom discrepancy between 2 and 3 reported across sources is a due diligence risk that could affect valuation or lender appetite, and the compact lot limits future extension potential without council approval. On the opportunity side, the 13-day average days on market signals that pricing must be sharp to secure, but a buyer who moves decisively can capture a property in a street with consistent family stock and a young demographic profile. Hold this as a long-term family home or rental in a suburb where 214 similar houses sold this year.
Detailed Independent Property Report prepared  by PropCred Analyst team for 73 Pademelon Circuit, North Lakes QLD 4509
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk 2
Income Risk ! 1
Execution Risk 2
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Market Insight

North Lakes is a high-growth, family-dominated suburb, with 53% of households being couples with children. Demand is driven by this demographic seeking affordable, family-friendly living, evidenced by houses selling in just 14-16 days. The market is exceptionally strong, with house prices up 10.4% and unit prices surging 25.8% over the past year. Future growth is underpinned by sustained rental demand, with unit rents rising 22.6%, though the median house price of $982,500 presents a key affordability constraint relative to local incomes.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

450m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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