Wakerley, QLD 4154

This residential property located in Wakerley is a four-bedroom lowset house, ideal for investment purposes. The property sits on a land size of 450 square meters, offering a comfortable and practical living space for families or tenants.

Purchased in February 2025 for $1,139,900, this home provides immediate rental income of $870 per week upon settlement, making it an attractive option for investors seeking steady cash flow. The location is highly convenient, situated close to local shops and parks, enhancing the lifestyle appeal for residents.

The neighborhood is well-regarded, with neighboring homes selling for over $1.43 million on land sizes exceeding 400 square meters, reflecting the strong market value and desirability of the area. This particular property has shown promising growth, with the RP Data valuation increasing by nearly $100,000 within three months after settlement, indicating excellent capital appreciation potential.

The house features four bedrooms, two bathrooms, and two parking spaces, providing ample accommodation and convenience. Its lowset design ensures easy accessibility and maintenance, suitable for a wide range of occupants.

Overall, this property represents a sound investment opportunity in a sought-after suburb of Queensland, combining immediate rental returns with strong prospects for future value growth. Its strategic location near amenities and recreational areas further enhances its appeal to tenants and homeowners alike.