8 Iluka Place, Avenell Heights QLD 4670
8 Iluka Place, Avenell Heights QLD 4670
Large block family house | 5 bedrooms 4 car spaces | 900 sqm lot | Above average parking and space
This property sits on a generous 900 square metre block with five bedrooms and four car spaces, which is notably larger than what is typically available in Avenell Heights. The configuration suggests it was designed for a family needing significant room both inside and out, with the internal area of 197 square metres providing comfortable living space. The four car accommodation is a genuine rarity in this price bracket and adds considerable practical value for multiple vehicles, a boat, or workshop use. This house would best serve growing families or buyers who prioritise space and parking over a modern finish, as the age and condition are not specified in available records.
The absence of detail on the building age, renovation level, and specific amenities means the buyer should factor in potential updating costs when forming a view on price. The March 2006 sale reference provides a historical benchmark, but without comparable sales in the immediate area, the current asking range must be assessed against the land value and the functional utility of the five bedroom layout. The large block may also present future subdivision potential depending on local zoning, though this is not confirmed and should be investigated directly with council. A building and pest inspection would be essential to verify the structural condition given the lack of disclosed renovation history.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Iluka Place, Avenell Heights QLD 4670
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
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Market Insight
Avenell Heights presents a compelling entry point into the Bundaberg market, characterised by strong capital appreciation and exceptionally fast-moving sales, particularly for family-sized homes. Demand is being driven by a combination of investor interest in the regional rental market and lifestyle migration, supported by a broader environment of falling interest rates which is enhancing buyer borrowing capacity. The market exhibits robust growth momentum, though this is tempered by constrained stock levels that limit choice and may increasingly push affordability-sensitive buyers towards more compact dwelling types. Future performance remains closely tied to monetary policy and the ongoing balance between new demand and the limited supply of available properties.
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PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
4
Land
900m²
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