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Overview
Wynnum West
This property is a modern four-bedroom family home located in the thriving suburb of Wynnum West, Queensland. It offers a comfortable and spacious living environment ideal for families or investors seeking a quality residence in a well-connected area.
The home features two bathrooms and two parking spaces, providing convenience and practicality for residents and guests. The property sits on a land size of approximately 400 square meters, offering ample outdoor space for various activities or potential enhancements.
Wynnum West is a sought-after suburb known for its community atmosphere and accessibility. This property benefits from its proximity to key locations, including a short seven-minute drive to Brisbane Airport, making it an excellent choice for frequent travelers or professionals working in the aviation sector.
Additionally, the home enjoys easy access to the Wynnum Golf Club, providing recreational opportunities and a social hub for residents. The location combines suburban tranquility with convenient amenities, enhancing the lifestyle appeal of the property.
The purchase was made in November 2023 at a price of $978,000, within a budget of $1.2 million. Since January 2024, the property has been rented at $830 per week, demonstrating its strong rental yield and cash flow potential. The current valuation estimate is around the mid to high $1 million range, indicating good capital growth prospects.
This residence was acquired through an auction process, securing instant equity and positive cash flow immediately after settlement. It represents a sound investment opportunity for those looking to enter the Wynnum West market or expand their property portfolio.
The property is suitable for interstate professionals seeking a home closer to Brisbane's Central Business District, as well as home owners who may consider moving in at a later stage. Its combination of modern features, strategic location, and investment performance makes it a compelling option in the local real estate market.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Wynnum West QLD 4178
Market Insights for Wynnum West QLD 4178
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
