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For Salehouse

232 Shaw Road

Wavell Heights, QLD 4012, Australia
$1.70m
5 bed 2 bath 2 car405m²

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Area Price Guide
$1.60m$1.80m

Indicative price guide range

🏘️
78
Comparable
📊
$1.45m
Area median
⚖️
+17%
vs median
📐
$4,198
Per m²
📏
405 m²
Land
🗓️
2 days ago
Listed

Property Insights

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About this property

Presenting by far the most outstanding opportunity in today's market throughout Wavell Heights, this brand-new residence represents unparalleled value for both owner occupiers and astute investors alike. Offering a finish level, scale and inclusions rarely found at this price point, this is a home that would be extremely difficult to replicate for the same cost in the current building environment and without the headaches over managing the build yourself. For families, it provides an spacious, never-before-lived-in home with multiple living spaces and effortless indoor-outdoor flow, all positioned in one of Brisbane's most consistently performing suburbs. For investors, the numbers are equally compelling, with a projected rental return of $1,250$1,300 per week, the estimated gross yield sits at approximately 3.5%3.75%, well above typical returns for comparable new homes, further enhanced by significant tax depreciation benefits that comes along with new construction. - Meticulously presented both inside and out, the residence is completely move-in-ready with nothing to do - Tall 2.7m ceilings and wide hallways Downstairs, Two Powder rooms on each level - Oversized Primary Suite with quality walk-in-dresser and Dual-Vanity ensuite - Stylishly appointed main bathroom adjoins Kids bedrooms, with Shower and Bathtub - Four Bedrooms upstairs, all with built-in robes, plush carpeted floors, ducted AC - Wonderful lounge and dining space opens onto undercover corner terrace/back yard (room for pool) - Strong rental appraisal and super low-maintenance property for investors - For Investors: Estimated gross yield of approximately 3.5%3.75% with substantial depreciation benefits - Multiple breakout spaces include downstairs media room, upstairs rumpus, lower-level open plan living out to external alfresco - Chic contemporary kitchen offers a breakfast bar, 900mm wide Fisher & Paykel oven/cooktop, walk-in pantry - 6.6kW Solar System and EV charger for future-focused living, Coated garage floors - Easy-care manicured gardens and fully-fenced rear back lawn ideal for young families - Fantastic storage facilities throughout the home, with linen storage across both levels and inside laundry - Walk to Kedron Brook parklands, local cafes, bikeways and Shaw Park sporting club facilities - For Families: Quick/convenient access to elite schools, Westfields Chermside, numerous shopping/transport hubs - Express to city public transport options see Eagle Junction/Nundah Station, with Bus routes walking distance also - Nundah State School and Wavell Heights State High School Catchments Wavell Heights continues to demonstrate resiliently strong long-term growth, underpinned by its short proximity to the CBD, airport and key coastal-linking infrastructure, with consistent median price appreciation over the past five years (totalling over 80% growth) and even three years (totalling 54% growth). This new home is perfectly positioned to capitalise on that trajectory, while offering immediate lifestyle appeal with Kedron Brook parklands, bikeways and sporting facilities just moments away, not to mention countless sought-after private schools such as Nudgee College, Clayfield College, St Rita's, Padua College, Mt Alvernia, St. Margaret's and plenty more. When compared to other homes in the suburb or close-by, within a similar price bracket, the scale, quality and brand-new nature of this property clearly stand apart; delivering a far superior value proposition for buyers seeking both immediate value and long-term upside.

Property Features

    View full listing on Domain

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    Repayment calculator

    $8,242/month
    $4,121 /fortnight
    Loan $1,360,000 at 6.10% over 30 years

    Upfront costs

    Deposit$340,000
    Stamp duty$78,275
    Conveyancing (est.)$2,000
    Total upfront$420,275
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    5
    Bathrooms
    2
    Parking
    2
    Land Area
    405m²
    Listed
    2 days ago

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