84/17 Marlow Street, Woodridge QLD 4114
84/17 Marlow Street, Woodridge QLD 4114
Gated 3/1/1 townhouse | 1994 build | Tenanted at $590/wk | Pool + onsite manager | 117m² compact lot
This townhouse is positioned as a secure, low-maintenance purchase within an established gated complex. The 1994 build is consistent with its neighbours, and the three-bedroom configuration is suited to both investors and first-home buyers. The current tenancy at $590 per week, with an appraisal up to $620, is reflected in strong rental demand. Convenience is added by onsite management and a pool, and owner responsibilities are reduced, making it ideal for those avoiding standalone-house upkeep. The property is regarded as mainstream Woodridge townhouse stock, yet the gated setting and managed complex are seen as giving it a controlled appeal.
Value may be materially affected by the interior condition and a lack of premium finishes or unique layout. A ceiling might be placed on price by the compact land size, while investment calculations could be altered by changes in rental demand or tenancy at expiry. Body corporate costs may also be imposed by the gated structure, and should be weighed by prospective buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 84/17 Marlow Street, Woodridge QLD 4114
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Woodridge is a high-demand, family-oriented suburb with a young demographic, driving strong competition for its limited housing stock. Demand is primarily from working families seeking affordability, reflected in rapid sales and exceptional price growth across both houses and units. This robust market is supported by consistent population growth, but faces constraints from household incomes well below the regional average, indicating sensitivity to economic pressures.
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PropCred Estimated Value
Comparable Sales: Unit 13 sold $515k; Unit 112 sold $465k | Property Price Band: $500k-$600k | Value Drivers: condition, rental income, complex management
Bedrooms
3
Bathroom
1
Parking
1
Land
174m²
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