10 Waterway Cres, Hillcrest is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2021. The property has a land size of 380m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 5 bedroom House sold in Hillcrest in the last 12 months.
If you are looking to begin your investment journey or add a strong performer to your portfolio, 10 Waterway Crescent, Hillcrest presents an outstanding opportunity. Positioned on a 380sqm block, this modern dual occupancy property features two semi detached residences, offering a low maintenance investment with strong and consistent returns.
Generating a combined rental income of $1,055 per week, the property is already delivering excellent yield with reliable tenants in place, making it an ideal set and forget investment.
Both residences are currently tenanted, with the three bedroom unit leased at $580 per week until October 2026 and the two bedroom unit leased at $475 per week until October 2026.
Motivated sellers have provided clear instructions to bring this property to market and achieve a result. For more information or to arrange an inspection, please call Jarryd on 0421 244 777 or Maisie on 0499 987 487.
Unit 1 -
* Three spacious bedrooms.
* Main bedroom with air - conditioning, ensuite bathroom and built in wardrobe.
* Remaining three bedrooms all with built in wardrobes.
* Air-conditioning in main tiled living area.
* Ceiling fans throughout.
* Open plan kitchen & dining area.
* Stainless steel appliances incl. dishwasher, electric stove top and electrical oven.
* Floor boards to main living areas and carpet to bedrooms.
* Separate laundry.
* Electric double lock up garage.
* Outside entertainment area, perfect for get-together & family BBQ's.
* Fully fenced yard.
* Within 45 minutes of Brisbane and 40 min to the beaches of the Gold Coast.
Unit 2 -
* Two spacious bedrooms.
* Bedrooms have built in wardrobes
* Master bedroom with doors that lead out to the alfresco.
* Air-conditioning in main tiled living area.
* Ceiling fans throughout.
* Open plan kitchen & dining area.
* Stainless steel appliances incl. dishwasher, electric stove top and electrical oven.
* Floor boards to main living areas and carpet to bedrooms.
* Single car garage
* Entertainment area, perfect for get-together & family BBQ's.
* Fully fenced yard
Hillcrest is a growing and family-friendly suburb in Logan City, offering a great balance of lifestyle and investment potential. Located about 22 km south of Brisbane, it provides convenient access to major transport routes while maintaining a relaxed suburban atmosphere. Residents enjoy nearby parks, schools, shopping centres, and strong community amenities, making it an ideal place to live for families and professionals alike. With ongoing development, rising property demand, and solid rental growth, Hillcrest continues to attract both homeowners and investors looking for long-term value in a well-connected and evolving area.
**Please note that while all due care is taken by REMAX 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**.
The size of Hillcrest is approximately 3.2 square kilometres. It has 14 parks covering nearly 12.6% of total area. The population of Hillcrest in 2016 was 5626 people. By 2021 the population was 6268 showing a population growth of 11.4% in the area during that time. The predominant age group in Hillcrest is 30-39 years. Households in Hillcrest are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hillcrest work in a machinery operators and drivers occupation.In 2021, 58.80% of the homes in Hillcrest were owner-occupied compared with 57.70% in 2016.
Hillcrest has 3,207 properties. Over the last 5 years, Houses in Hillcrest have seen a 130.66% increase in median value, while Units have seen a 218.77% increase. As at 30 April 2026:
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