Back 232 Shaw Road
Off Market

232 Shaw Road

Wavell Heights QLD 4012

5
2
2
405 m²
House
Last sold for $1,740,000
Cayle BlaxlandCayle Blaxland, last sold this property on 12 August 2026 after 168 days on market.

Overview

Under Offer: Brand New Luxury Home in Thriving Suburb

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.

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
405 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Wavell Heights over the last 12 months, the estimated median property value of 232 Shaw Road is $2.46m.

Median value
$2.46m
Estimated value range
$1.4m - $3.7m
Median days on market
28
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wavell Heights. 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 232 Shaw Road

2026
Sold
$1,740,000
12 Aug 2026 by Cayle Blaxland, of McGrath Wilston
2021
Sold
$650,000
Private Sale/Treaty on 07 Jun 2021 by Ross Armstrong, of Aurora Property | Newmarket

Happy sellers in Wavell Heights

83%
83% of sellers in Wavell Heights reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in Wavell Heights over the last 12 months.

Local market activity for 5 bedroom houses in Wavell Heights

In the last 12 months, 53 five-bedroom houses similar to 232 Shaw Road, have been sold.

This represents a 17% decrease in five-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wavell Heights

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent