276 Main Road, Wellington Point QLD 4160

276 Main Road, Wellington Point QLD 4160
Renovated cottage | walk to village & water | flood overlay present | strong school catchment | downsizer or investor appeal This property occupies a genuinely rare position within Wellington Point, sitting within walking distance of both the village and the waterfront while offering a fully renovated interior on a manageable 405mยฒ block. For a buyer seeking low-maintenance living in a tightly held coastal suburb, the combination of a modern kitchen and bathroom, plantation shutters, split-system air conditioning, and secure outdoor space removes the immediate need for capital expenditure. The school catchment for both Wellington Point State School and High School adds enduring demand, making this house particularly suited to downsizers, professional couples, or investors targeting a reliable rental yield near $750 per week. The flood overlay is the single material risk and must be investigated through council flood mapping, insurance quotes, and a site drainage assessment before proceeding. That said, the overlay does not automatically preclude purchase or development, and a well-informed buyer may negotiate a discount that offsets the perceived risk. The propertyโ€™s front double gates and single garage offer practical flexibility for parking or storage, and the gated frontage enhances security without compromising street appeal. For the right buyer, this house represents a turnkey entry into a premium lifestyle corridor, provided the flood risk is understood and priced accordingly.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 276 Main Road, Wellington Point QLD 4160
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Market Insight:

This established suburb demonstrates robust demand, evidenced by rapid sales and strong capital growth across both houses and units. The market is driven by active buyer activity, with houses appreciating steadily and units experiencing exceptional recent gains. While houses remain the dominant segment, the unit market’s accelerated performance indicates broadening appeal. Key considerations include the potential for extended selling periods for houses, suggesting a more measured pace in that segment despite the overall positive momentum.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

405mยฒ

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