Waterford West Renovator

Homer Blancaver
Updated 4 min read
38 Muchow Road, Waterford West before renovation 38 Muchow Road, Waterford West after renovation
38 Muchow Road, Waterford West before renovation 38 Muchow Road, Waterford West after renovation

Updated November 2026: we’ve added current Waterford West market figures from Stash and what has happened to 38 Muchow Road since. The original deal details are kept as published.

Address

38 Muchow Road, Waterford West, QLD 4133

Investment Strategy

Renovator

Development Timeline

8/02/2023
Property Purchased
$349,000
15/02/2024
Property Sold
$600,000
See what it looks like today

Rental Insights

Stash shows rental figures for every property's suburb, including Long Term Rental Statistics (vacancy rate, homes rented in the last 12 months, median rent and potential yield) and the Long Term Yield Analyser, which compares yields by bedroom count and property type. November 2026: the screenshots below were taken in 2024. Some of the statistics shown in them, such as short-term (Airbnb) and rooming rental figures, are no longer part of the standard Stash property page.

Stash Short Term Rental Statistics for 38 Muchow Road, Waterford West (2024 screenshot)
Stash Rooming Rental Statistics for 38 Muchow Road, Waterford West (2024 screenshot)
Stash Long Term Rental Statistics for 38 Muchow Road, Waterford West (2024 screenshot)

Source: stashproperty.com.au

Stash Long Term Yield Analyser for 38 Muchow Road, Waterford West (2024 screenshot)

Development Stats

2024

Year of Development

342

days held

251

Gross Profit

About the Property

38 MUCHOW ROAD, WATERFORD WEST

Welcome to 38 Muchow Road, Waterford West! This beautifully renovated 3-bedroom, 1-bathroom home is a true gem.

As you step inside the front gate, you’ll be greeted by a beautiful garden lining the perimeter of the block, setting the tone for the rest of the property. The open plan living area creates a spacious and inviting atmosphere, perfect for spending quality time with family and friends.

The spacious kitchen features an island bench top, plenty of bench space, and a convenient breakfast bar. It’s the ideal place to whip up delicious meals and entertain guests.
The property boasts air conditioning and ceiling fans to keep you cool during the summer months. Plus, the internal laundry provides direct access to the outdoor area, making laundry days a breeze.

The large backyard with side access provides endless opportunities for outdoor activities and is perfect for those with pets or children. The large undercover entertaining area, where you can host gatherings or simply relax and enjoy the outdoors make this home something special.

Additional features include a garden shed for extra storage and a fully fenced yard, providing security and privacy.

Located in a great neighbourhood, 38 Muchow Road is just a short distance from all amenities, including schools, shops, and public transport.

Property Features:

– Fully fenced
– Side access
– Air conditioning
– Open plan living
– Large outdoor entertaining area
– Ceiling fans throughout
– Internal laundry
– Main bathroom with separate bath and shower
– Garden shed
– 612sqm block with spacious yard
– Beautiful gardens
– New renovations
– Built in robes in 2 of the 3 bedrooms
– Parking space for 4 cars

From the realestate.com.au listing

Stash map around 38 Muchow Road, Waterford West showing nearby sale prices and overlays (2024 screenshot)

Source: stashproperty.com.au

About the Suburb

Waterford West, QLD is a family-friendly suburb with a diverse age group. The majority of residents fall in the age brackets of 5 to 19 years and 20 to 24 years, indicating a vibrant community with a significant youth population. The area boasts a mix of occupations, with a notable presence of technicians and trade workers, community and personal service workers, as well as clerical and administrative workers. The suburb has good access to motor vehicle commuting, with a sizeable percentage of residents working from home.

Waterford West presents promising opportunities for property investors. The suburb has a healthy market absorption rate, indicating strong demand for housing. With a high median growth rate for both houses and units, it is an attractive location for capital appreciation. The rental market is also lucrative, with high rental yields for both houses and units. The low vacancy rate and high room demand-supply ratio suggest a scarcity of rental properties, making it advantageous for landlords. The sale price IQR ratio for houses indicates potential for renovation projects and value-adding opportunities.

Waterford West, QLD offers a blend of a family-centric lifestyle and investment potential. Homeowners can enjoy a community-oriented environment with access to educational facilities within a decent ICSEA percentile range. For investors and developers, the suburb presents a prime opportunity for capital growth, high rental yields, and renovation projects. The suburb’s strong market fundamentals, low vacancy rate, and high demand for rental properties make it an attractive option for those looking to expand their property portfolio.

Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022

Waterford West today (November 2026)

Here’s how the Waterford West house market looks now, based on 87 house sales over the 12 months to the end of October 2026:

  • Median house price: $876,000 (Stash data, November 2026)
  • Change in median house price over 12 months: +14.7% (Stash data, November 2026)
  • Median house rent: $620 a week (Stash data, November 2026)
  • Median gross rental yield (houses): 3.8% (Stash data, November 2026)
  • Rental vacancy rate (houses): 1.1% (Stash data, November 2026)
  • Median days on market (houses): 25 (Stash data, November 2026)

Stash records no sale of 38 Muchow Road since the $600,000 sale in February 2024.

For comparison, the median Waterford West house now sells for $876,000, after 14.7% growth over the past year.

See the latest numbers on the Waterford West suburb page, or use On Market Deals in Stash to find renovators listed below the suburb median. The charts below are from the original 2024 post.

Waterford West suburb median chart from Stash (2024 post)
Suburb Median
Waterford West vacancy rate chart from Stash (2024 post)
Vacancy Rate
Waterford West sales volume chart from Stash (2024 post)
Sales Volume

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Homer Blancaver
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