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Location

Market Insights for Waterford West QLD 4133

New Listings (last 30 days)

Average price

$588,800

Lowest price

$520,000

Highest price

$699,000

3/28 Cherrytree Place, Waterford West QLD 4133

Offers Over $699,000

Search Band

$699k - $734k Transparent Based on an openly advertised listing price.

Townhouse 3 beds 2 baths 1 car

Listed: yesterday

Overview

This exclusive townhouse is part of a boutique gated complex of only eight residences, situated at the end of a quiet dead-end road in Waterford West, offering unmatched privacy and security not commonly found in the suburb.

One key appeal of this property is its spacious yard, remarkably larger than many newly built homes nearby, providing valuable outdoor space for relaxation or activities. Additionally, the property benefits from modest body corporate fees, adding to its overall value and affordability.

The residence features modern living areas designed to maximize natural light and comfort, with secure screens enhancing safety and ease of living. Its layout is thoughtfully crafted to create a welcoming and functional environment that suits a variety of lifestyles.

Ideal location within walking distance to essential amenities including major supermarkets, a selection of restaurants, and medical services.
Close proximity to Marsden State Primary and High Schools, making it highly convenient for families with school-aged children.
Strong rental demand in the area, presenting a potential opportunity for investors with historically low vacancy rates.

Overall, this property combines a desirable location, comfortable and secure living spaces, and excellent value, appealing to first-home buyers, young families, and investors alike.

Local Market Insights

In Waterford West, Quiet Listings observed 5 new townhouses entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $588,800. The property type mix of listed properties is predominantly Houses at 82%, followed by townhouses (9%), and units (5%). The most active agency for townhouses in the Waterford West area is currently King & Company Property Group, representing 20% of new listings, followed by Harcourts with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

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.