154/43 Murtha Drive, Elanora QLD 4221
154/43 Murtha Drive, Elanora QLD 4221
3 bedrooms | double garage | 175m² internal | renovated bathroom | last sold 1998
This townhouse offers a configuration that is becoming increasingly rare in newer developments, with three bedrooms and a proper double garage paired to a generous 175 square metres of internal space. The renovated bathroom lifts the property above tired stock, and the 1998 sale history suggests long-term ownership, which often correlates with better-maintained common property. It sits in a low-rise suburban enclave where space and parking still matter, making it particularly suited to owner-occupiers who want room for a car, storage, and guests without the land commitment of a house. The strata format reduces external maintenance, and the size advantage over typical apartments means it competes more with villa-style homes than compact units.
The age of the building and the fact only the bathroom is confirmed as renovated may affect how a buyer values the property, as kitchens and other finishes could require attention sooner than in a fully updated home. The single bathroom is a constraint for families or anyone who regularly hosts overnight visitors, and the lack of a second bathroom may narrow the buyer pool slightly. The 135 square metre land component is modest for a townhouse, so future extension potential is limited. Buyers should weigh these factors against the strong parking and internal space when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 154/43 Murtha Drive, Elanora QLD 4221
Market Insight:
Elanora is a high-demand family suburb positioned as a value alternative to premium beachfront markets. Demand is driven by families, creating a tight, fast-moving market where houses sell in just 16 days. Recent price growth is robust, with house values rising over 12% annually, supported by strong rental yields above 4%. Future growth is linked to sustained family buyer absorption, though its pace makes it sensitive to broader economic shifts.