32 Waratah DriveCrestmead QLD 4132
Property Details for 32 Waratah Dr, Crestmead
32 Waratah Dr, Crestmead is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1975. The property has a land size of 720m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 5 bedroom House sold in Crestmead in the last 12 months.
Last Listing description (June 2025)
Set on a generous block in a convenient pocket of Crestmead, this unique property presents a rare and exciting opportunity for savvy investors or extended families alike. With a combined rental, return of $1,140 per week, this is high-yield investment opportunity is one you won't want to miss.
The main residence spans two fully self-contained levels, each with its own private entrance. Both levels feature their own kitchen, bathroom, and generously sized bedrooms, offering complete independence and flexibility-perfect for dual living or maximising rental return.
Adding even more value, a stylishly finished, near-new two-bedroom granny flat sits privately at the rear, complete with its own driveway access and modern features throughout. Whether leased separately or used for extended family, it's an asset in every sense.
With ample hardstand space for vehicles, trailers, or outdoor use, the layout promotes both functionality and lifestyle flexibility.
This is an incredibly rare setup in a location central to schools, shops, and transport. Opportunities like this don't come around often - secure your future today.
Main Residence Features
• Fully renovated
• Upstairs and downstairs separate dwellings
• Carport and driveway parking
• Tenanted until 22nd October 2025 at $690 per week
Ground Floor:
• Kitchen with electric cooktop, rangehood, oven, and storage
• Living area
• Dining space
• Large rumpus/multipurpose area
• Two spacious rooms
• Bathroom
• Outdoor undercover area
First Floor:
• Kitchen with electric cooktop, rangehood, oven, and storage
• Large living and dedicated dining space
• Three spacious bedrooms
• Well-appointed family bathroom
• Balcony
Granny Flat
• Built approx. 2 years ago
• Modern finishes throughout
• Kitchen with electric cooktop, oven, and storage
• Open plan living and dining area
• Two spacious bedrooms with ceiling fans and built-in robes
• Integrated bathroom and laundry
• Ceiling fans and split system A/C
• Tenanted until 17th May 2026 at $450 per week
Crestmead is a well-established suburb located just 25km south of Brisbane, offering a fantastic blend of affordability, convenience, and lifestyle. Popular among families, first-home buyers, and investors alike, the area boasts a strong sense of community with access to quality schools, local parks, shopping precincts, and public transport. With ongoing growth and development, Crestmead is a suburb on the rise-providing excellent value for those seeking space, comfort, and connectivity in a central South-East Queensland location.
**Please note that while all due care is taken by RE/MAX Aspire to ensure that the information contained on any website, portal or marketing material is accurate, we accept no responsibility or liability in respect to any inaccuracies, errors or omissions. Prospecting purchasers should do their own independent research and enquiries to verify all information about the property**.
Property History for 32 Waratah Dr, Crestmead, QLD 4132
- 31 May 2025Sold for $935,000
- 20 May 2025Listed for Sale Contact Agent - High Yield
- 10 Oct 2024Listed for Rent $425 / week
Recent sales nearby
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About Crestmead 4132
The size of Crestmead is approximately 6.8 square kilometres. It has 17 parks covering nearly 14.4% of total area. The population of Crestmead in 2016 was 12153 people. By 2021 the population was 12271 showing a population growth of 1.0% in the area during that time. The predominant age group in Crestmead is 0-9 years. Households in Crestmead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Crestmead work in a labourer occupation.In 2021, 52.70% of the homes in Crestmead were owner-occupied compared with 53.80% in 2016.
Crestmead has 4,462 properties. Over the last 5 years, Houses in Crestmead have seen a 142.73% increase in median value, while Units have seen a 134.45% increase. As at 30 November 2025:
- The median value for Houses in Crestmead is $794,526 while the median value for Units is $710,295.
- Houses have a median rent of $570 while Units have a median rent of $520.
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