Back 16 Penrose Circuit
Off Market

16 Penrose Circuit

Blackwater QLD 4717

477 m²
Land
Last sold for $36,500
Heather PriceHeather Price, last sold this property on 21 July 2025 after 24 days on market.

Overview

Prime Vacant Block in Blue Ridge Estate – Dual Frontage Opportunity!

Seize this rare opportunity to secure a 477sqm vacant block in Blackwater's premier location – Blue Ridge Estate. Surrounded by quality, modern homes and benefiting from underground power, this premium parcel is the perfect starting point for your next project. With two street frontages and generous space, the block presents outstanding potential to build a dual residence investment (STCA) or a low-maintenance home tailored to your lifestyle. Whether you're an investor chasing excellent returns or a homebuilder seeking a prime location with beautiful views, this block delivers incredible value in a thriving community. Key Features: - 477sqm flat, cleared block - Two street frontages – ideal for dual occupancy (STCA) - Located in prestigious Blue Ridge Estate - Surrounded by quality builds and underground services - Excellent rental yield potential in Blackwater Opportunities like this don’t last long – enquire today to secure your future in Blue Ridge Estate.

Features

477 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Blackwater over the last 12 months, the estimated median property value of 16 Penrose Circuit is $37.5k.

Median value
$37.5k
Estimated value range
$28k - $66k
Median days on market
160
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Blackwater. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Penrose Circuit

2025
Sold
$36,500
21 Jul 2025 by Heather Price, of The Agency CQ
2024
Sold
Undisclosed
01 Sep 2024 by Blackwater BW, of Real Estate Vision Group Emerald

Happy sellers in Blackwater

92%
92% of sellers in Blackwater reported that their sale price either exceeded or met their price expectations.

Blackwater stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Blackwater over the last 12 months.

Local market activity for land plots in Blackwater

In the last 12 months, 15 land plots similar to 16 Penrose Circuit, have been sold.

This represents a 32% increase in land plots sales when compared to the previous 12 months.

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