48/38 Murev Way, Carrara QLD 4211

48/38 Murev Way, Carrara QLD 4211
Newly listed townhouse | 3 bed, 1 bath | strong Carrara market | quick sale likely This property enters a market where three-bedroom townhouses sell in a median of 16 days, giving a buyer limited negotiation window but strong exit confidence. The internal 114 square metres is generous for this product type, and the two-car parking is a practical advantage over comparable units nearby. The complex shows high owner-occupancy at 75 percent, which typically supports better building standards and quieter living. This townhouse suits a first-home buyer or investor seeking a low-maintenance position with proven capital growth, given the 150 percent estimated appreciation since 2017. The single bathroom is the primary constraint, limiting appeal to families or tenants who prioritise multiple bathrooms. The absence of a stated asking price requires early agent engagement to gauge vendor expectations, though the $720,000 threshold on a similar unit suggests realistic pricing. The land area is modest, so future value relies on location and internal condition rather than redevelopment potential. Hold this property as a medium-term rental or owner-occupied home, with the expectation that Carraraโ€™s strong demand and quick turnover will support steady gains.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 48/38 Murev Way, Carrara QLD 4211
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Market Insight:

Carrara is a high-growth Gold Coast suburb, with its median house price of $1.23M indicating premium positioning. Demand is driven by a growing, established demographic, evidenced by strong annual sales volumes. The market is active, with houses appreciating 6.91% annually and units surging 11.45%, while a median of 20 days on market confirms tight conditions. Future growth is supported by solid rental yields and infrastructure links, though the premium price point presents a key affordability constraint.
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PropCred Estimated Value

Bedrooms

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Parking

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