8 Topaz Circuit, Urangan QLD 4655
8 Topaz Circuit, Urangan QLD 4655
Corner block, four-bedroom layout | dual living zones, rumpus room | established quiet neighbourhood, close to schools | fully fenced, covered patio, double garage
The propertyโs competitive strength lies in its generous 734mยฒ corner block and 279mยฒ building footprint, which together offer rare separation of living zones for a house in this price bracket. The rumpus room and covered patio create genuine flexibility for a growing family or a buyer who wants distinct adult and childrenโs spaces without a renovation. Being fully fenced with internal garage access and a dishwasher already fitted reduces immediate post-settlement costs. The absence of bushfire and flood overlays, combined with reliable NBN and 5G coverage, lowers the due-diligence risk for a buyer who cannot afford surprises. This house best suits a family prioritising space and quiet location over proximity to the waterfront or a premium finish.
The asking price sits above the estimated value of $790,000, so the buyer must negotiate to avoid immediate negative equity. The 2007 purchase price of $120,000 signals that the current owner holds a low cost base and may have room to move on price. Rental income of $675 per week is modest relative to the price, meaning this is not a high-yield investment without capital growth. The corner block does create a slightly higher maintenance perimeter and less privacy on one side. For a buyer who can negotiate to the lower end of the valuation range, this property offers a sound long-term hold for a family who will use every room and the outdoor area daily.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 8 Topaz Circuit, Urangan QLD 4655
Market Insight:
Urangan’s property market is characterised by strong house price growth, with median values between $725k and $763k and annual gains of 7.7% to 16.95%, indicating robust demand. This demand is primarily driven by the rental market, where weekly rents for houses have increased by up to 8.3%, reflecting high tenant competition. However, a key constraint is emerging buyer caution, evidenced by houses taking 21 to 63 days to sell, suggesting a more measured market pace despite the upward price momentum.