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Back 5 Peakes Gully Road
Off Market

5 Peakes Gully Road

Atherton QLD 4883

2
1
2
854 m²
House
Last sold for $405,000
Zach ReidZach Reid, last sold this property on 20 August 2025 after 30 days on market.

Overview

Renovators Delight

Zach Reid, Kris Crews and the team at First National are excited to present 5 Peaks Gully Road, Atherton. If you’ve been looking for a renovator opportunity or are handy, this is the perfect property for you. Positioned on a fully fenced 854 sqm block, this property boasts one of the most central residential locations Atherton has to offer. Within 500 m of the home you’ll find our award-winning IGA, cafés, post office, pubs and so much more. The property is gorgeous, convenient and holds loads of potential for a home, investment or even AirBnB given the location. There is some renovation required to restore the home to its full glory - a new bathroom, some touch up paint and perhaps a change of flooring could be a project to enhance appeal and value. Inside, the home benefits from an open plan, with the dining area and lounge enjoying plenty of light pouring in from the large sliding doors that open onto the front deck, showcasing views of the established gardens. In the kitchen you’ll find plenty of cupboard space built into the hardwood timber cabinetry. Two bedrooms stand ready for a small family or a master and guest bedroom set-up. The internal laundry enjoys built-in storage and leads onto the bathroom, which features a ground-level shower. Additional built in storage can be found in the generous hallway cupboards. Outside, in addition to the east-facing front deck, the home benefits from a south-west corner patio, perfect for a BBQ area or hosting on warm summer afternoons. Features Include • Brick veneer & clad construction • Fully fenced 854 sqm block • Two bedrooms • Walking distance to town • Lock-up carport Rental appraisal: $480–$500 per week if updated, $420 - $440p/w if minimum required improvements completed. Last rental increase: 27/03/2024 This home presents a fantastic opportunity to enter the market, or for an investor to repair and re-sell. From Zach Reid, Kris Crews and the team at First National, we look forward to seeing you at the open home.

Features

2 bedrooms
1 bathroom
2 carspaces
2 carport spaces
854 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Atherton over the last 12 months, the estimated median property value of 5 Peakes Gully Road is $525k.

Median value
$525k
Estimated value range
$395k - $580k
Median days on market
28
Estimated value trend
64%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Atherton. 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 5 Peakes Gully Road

2025
Sold
$405,000
20 Aug 2025 by Zach Reid, of First National Real Estate Atherton

Happy sellers in Atherton

82%
82% of sellers in Atherton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 31 reviews in Atherton over the last 12 months.

Local market activity for 2 bedroom houses in Atherton

In the last 12 months, 5 two-bedroom houses similar to 5 Peakes Gully Road, have been sold.

This represents a 46% increase in two-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 Atherton

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Michelle Raso

Michelle Raso is an award winning recommended agent for Atherton.  They have 20 local sales and collected 19 local reviews across the last 12 months.

  •   5   (184 reviews)
  •  19 Reviews in Atherton
  •  20 Sales in Atherton
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Raquel Cunzolo

Sellers who recommend Raquel Cunzolo have praised them for being clear communication, local expert, responsive, friendly, supportive, honest and pleasant

  •   5   (181 reviews)
  •  12 Reviews in Atherton
  •  10 Sales in Atherton
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Nichole Dawson

Nichole Dawson is an award winning recommended agent for Atherton.  They have 10 local sales and collected 6 local reviews across the last 12 months.

  •   4.8   (208 reviews)
  •  6 Reviews in Atherton
  •  10 Sales in Atherton
View profile
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Janine Rielly

Janine Rielly is an award winning recommended agent for Atherton.  They have 2 local sales and collected 5 local reviews across the last 12 months.

  •   5   (144 reviews)
  •  5 Reviews in Atherton
  •  2 Sales in Atherton
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