9/4 Pilot Street, Urangan QLD 4655
9/4 Pilot Street, Urangan QLD 4655
Urangan Point | two-bedder townhouse | ten-year gap | price stretched
The $570,000 listing sits above the local median for a two-bedroom townhouse, and the ten-year hold since 2010 suggests the seller may have room to negotiate. Price risk here comes from the lack of recent comparable sales within the complex β the wide valuation spread between $518,000 and $576,000 means a buyer could overpay by $50,000 if not careful. Opportunity lies in the property’s location near the marina and beaches, which supports steady rental demand at $440 to $530 per week. This is a hold for owner-occupiers who want coastal lifestyle without premium pricing, or a buy-and-hold for investors seeking moderate yield with long-term capital growth tied to Urangan’s rising population.
What makes this property competitive is the rare combination of a 103 square metre internal area in a two-bedroom townhouse β spacious for the price point β and the absence of flood or bushfire overlays, reducing insurance and risk costs for buyers. The school catchment for Urangan Point State School adds appeal for families, while the short market time of four days signals interest. This suits first-home buyers or downsizers who value walkability to beaches and cafes over modern finishes. The next move is to request a building and pest inspection, and cross-check recent sales of similar two-bedroom townhouses within one kilometre to anchor your offer below $550,000.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Urangan’s property market is characterised by strong house price growth, with median values between $725k and $763k and annual gains of 7.7% to 16.95%, indicating robust demand. This demand is primarily driven by the rental market, where weekly rents for houses have increased by up to 8.3%, reflecting high tenant competition. However, a key constraint is emerging buyer caution, evidenced by houses taking 21 to 63 days to sell, suggesting a more measured market pace despite the upward price momentum.