9 Tea Tree Street, Heathwood QLD 4110
9 Tea Tree Street, Heathwood QLD 4110
4 bed family house | 477m² block | Heathwood suburb | family & investor demand | modern suburban build
This is a solid, mainstream family house in a suburb where detached homes on mid-sized blocks are the core product. The 4-bedroom, 2-bathroom, 2-car configuration matches exactly what owner-occupiers and investors in Heathwood are looking for—practical, low-maintenance, and suited to both first-home buyers upgrading and families seeking yard space without acreage upkeep. The 477m² block is typical for the area, offering enough outdoor room for children or entertaining while remaining easy to manage. This property sits comfortably within the dominant housing format of the suburb, which means broad buyer appeal and steady demand rather than niche interest. It serves best as a long-term family home or a reliable rental property, given the established residential character and school catchment access that the area provides.
The value of this house will likely hinge on its internal condition and presentation, as the core layout and land size are standard for the pocket. Features commonly found in comparable stock—such as ducted cooling, built-in robes, a fenced yard, and outdoor entertaining areas—may be present and would support a stronger price position, but their absence could narrow buyer interest. The property’s position within a quiet suburban street may enhance its appeal to families seeking a peaceful environment, while its car-dependent nature might limit appeal for those prioritising walkable amenity. Rental demand appears moderate and consistent, with yields in the low-3% range, so investors should weigh long-term capital growth against immediate income returns when forming a view on price.
|| Comparable Sales: 9 Wattle Street sold $1.18M; similar Heathwood houses $850K–$1.2M | Property Price Band: $1.0M–$1.1M | Value Drivers: internal condition, outdoor entertaining space, presentation quality
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Tea Tree Street, Heathwood QLD 4110
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
2
URL has been copied successfully!
Market Insight
Heathwood is a compact, family-dominated market where a young demographic—average age 34, households of 3.4—drives owner-occupier demand. High local incomes and a thin sales pipeline (49 houses annually) underpin prices near $1.04 million, with annual growth between 4.6% and 6%. The tight 23–43 day selling timeframe indicates steady buyer interest, yet the 3.69% gross yield and heavy mortgage reliance (85% of owners) expose the suburb to rate sensitivity. The median price sits well above the Queensland average, a constraint on future gains. Momentum is modest: Boomscore’s 46/100 rating points to flat-to-marginal capital growth rather than a breakout, with affordability and supply pressures likely to keep price appreciation in check. Renters face $720 weekly medians, reinforcing a purchase market.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 9 Wattle Street sold $1.18M; similar Heathwood houses $850K–$1.2M | Property Price Band: $1.0M–$1.1M | Value Drivers: internal condition, outdoor entertaining space, presentation quality
Bedrooms
4
Bathroom
2
Parking
2
Land
477m²
URL has been copied successfully!