8 Cavanagh Drive, Blacks Beach QLD 4740

Blacks Beach, 800sqm block | low-maintenance four-bedder | 2023 buy now valued $661k | suited to first home or relaxed coastal living The property sits on a rare 800sqm fully fenced lot in a beachside pocket, where building coverage is only 27% and elevation at 8m reduces flood risk entirely. With two garage spaces, a shed, and an outdoor entertainment area, the layout serves families or investors seeking low-upkeep tenure in a school-catchment zone. The 2023 purchase at $355k and current estimated value of $661k reflect strong market uplift, but the listing is fresh at just seven days, suggesting limited exposure rather than pricing weakness. Open-plan living with air conditioning and built-in robes keeps the house competitive for renters at an estimated $660 per week, while the absence of bushfire, flood, or heritage overlays removes common deterrents for buyers and lenders. The single bathroom is the primary constraint, limiting appeal for larger households or premium rental brackets. The 1980 build with NBN Fibre to the Node and 4G coverage is functional but not a value driver, and buyers should verify school catchment boundaries independently. The opportunity lies in holding for capital growth given the beachside position and limited supply of similar blocks, or converting to a steady rental yielding roughly 5.2% at current estimates. Use this property as a hold-and-rent or a first-home base, not a flip.