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40 Settlement Road, The GapSelling Now
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40 Settlement Road

The Gap, QLD 4061, Australia
Selling Now
5 bed 1 bath 1 car635 m²

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About this property

Positioned on an expansive 635m² block directly across the road from The Gap State School, this practical lowset home offers flexible living, everyday convenience and strong appeal for investors or buyers seeking a well-located property in a highly desirable pocket of The Gap. Designed with functionality in mind, the home features four bedrooms plus a separate study or fifth bedroom, providing versatility for a home office, additional bedroom or multipurpose space. The updated kitchen offers generous cupboard and bench space, while the main bathroom includes both a separate shower and bathtub. Two toilets add further practicality for family living. At the front of the home, the lounge room showcases polished hardwood timber floors, a fireplace and reverse-cycle air-conditioning, creating a comfortable space to relax year-round. A separate light-filled dining area or sunroom provides additional living space and enhances the home's flexible layout. The level backyard is usable and easy to maintain, offering space for children and pets while also maximising the value of the generous block. The home's position directly opposite the school further strengthens its appeal for both owner-occupiers and tenants alike. Features include: • 5 bedrooms or 4 plus study • Updated kitchen with plenty of cupboard and bench space • Updated main bathroom with separate shower and bathtub • Ceiling fans in all bedrooms • Single garage with internal access • Fully fenced and practical backyard • Side access with room for additional cars, trailers or boat • Separate internal laundry • Garden shed • 635m² block Nearby Amenities: • The Gap State School - directly across the road • Bus stop (Waterworks Rd at Settlement Rd) - approx. 3 min walk (150 m) • Local shops and dining (Waterworks Rd) - approx. 5-7 min walk (500 m) • The Gap Village Shopping Centre - approx. 1.1 km (10-15 min walk / short drive) • St Peter Chanel Catholic Primary School - approx. 200-300 m (short stroll) • The Gap State High School - approx. 1 km (5-10 min drive) • Local parks and walking trails - from approx. 5 min drive • Enoggera Reservoir and surrounding walking tracks - approx. 10-15 min drive • Brisbane CBD - approx. 10-12 km (20-30 min drive) Offering space, functionality and a highly convenient location, this is a smart opportunity to secure a property in one of The Gap's most family-friendly areas. For further information or to arrange an inspection, contact Taryn today.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
1
Parking
1
Land Area
635 m²
Listed
3 months ago

Repayment calculator

$6,887/month
$3,443 /fortnight
Loan $1,136,400 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$284,100
Stamp duty$62,204
Conveyancing (est.)$2,000
Total upfront$348,304
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.

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Neighbourhood

Living in The Gap

This 5-bedroom house in The Gap, QLD 4061 sits within reach of public transport, local shops and nearby schools.

Schools near The Gap

  • Hilder Road State Schoolprimary · Prep-6 · CoEd
  • Payne Road State Schoolprimary · Prep-6 · CoEd
  • St Peter Chanel Primary Schoolprimary · Prep-6 · CoEd
  • The Gap State Schoolprimary · Prep-6 · CoEd
  • The Gap State High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Settlement Rd at Chaprowe Street, stop 37 (bus)90 m away
  • Friendly Grocer289 m away
  • Pangela Street Park187 m away
  • Chaprowe Road Park314 m away
  • Zoe's Park392 m away

The Gap at a glance

Full suburb profile
Population
817
Median age
33
Household income
$1,987/wk
Median rent
$255/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

The Gap price trend

Median sold · House 5+ bed

Compound growth +9.3% / yr over 4 yrs

$1.83mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full The Gap market

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