130 Davenport Drive, Coonarr QLD 4670

130 Davenport Drive, Coonarr QLD 4670
Bushfire overlay active | 1.74-acre lot offers rare scale | No flood or heritage risk | Owner-occupied street, low turnover. The bushfire overlay on this 1.74-acre site introduces a specific cost mechanism you must factor into your holding calculations: higher insurance premiums, potential vegetation management obligations, and stricter building standards for any new structures. For a buyer, that translates into an ongoing expense of roughly 15 to 25 percent more on annual property insurance compared to non-overlay land, plus compliance costs if you plan to develop. The opportunity here is that most buyers shy away from such overlays, meaning you can negotiate from a position of strength. The plain judgment is this: hold the property as a long-term rural retreat, but do not expect rapid capital gains without improving the house or subdividing. What makes this property competitively strong is the sheer land massβ€”1.74 acres on a street where 87 percent of owners live in their homes, signaling stability and pride of ownership. For a buyer seeking space, privacy, and low-density living within the Bundaberg council area, this is rare. The three-bedroom, 284-square-metre house offers immediate livability, and the absence of flood or heritage overlays removes two common pitfalls in the region. This property best serves a buyer who values land over location and is comfortable with bushfire overlay management. Comparable land sales on Davenport Drive show a clear value curve: 4,764mΒ² at $430,000, 4,754mΒ² at $310,000, and 4,299mΒ² at $230,000. Your 1.74 acres sits above these in size, so a reasonable value inference would place the land component near the higher end of that range before adding the house value. This supports a purchase rationale if you can secure the property near that benchmark. The hook is this: in a market where rural lots with no flood risk are disappearing, this property gives you a discreet entry point into a tightly held street. Next step is to commission a bushfire assessment and insurance quote, then move to offer with confidence that the overlay is a manageable cost not a deal-breaker.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Coonarr presents as a small, established coastal community with a mature demographic profile. Demand is driven by local trades and professionals, with a high rate of outright home ownership indicating a settled, low-turnover market. Recent sales activity is very limited, suggesting a tightly held environment with constrained supply. Future growth is inherently linked to broader regional drivers, though a household income significantly below the regional average presents a key affordability constraint for new entrants.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

4

Land

1.74 acres

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