48 Central Avenue, Scarborough QLD 4020
48 Central Avenue, Scarborough QLD 4020
3 bed, 1 bath on 1012mยฒ | Not flood affected | Last sold 2001 | Large block near beach
This propertyโs strongest signal is its land size. A 1012mยฒ block is uncommon in coastal Scarborough, where smaller lots and infill development are more typical. The house itself is a straightforward three-bedroom, one-bathroom home with separate living and dining areas, and it sits on a ground-level block with two car spaces. Its location offers beach access and a low-density coastal lifestyle, which suits owner-occupiers, downsizers, or families looking for detached living with future redevelopment potential. The fact it has not been on the market since 2001 suggests a long-held property that may not have been updated recently, which could be an opportunity for a buyer seeking a large block in a desirable area.
The lack of recent sale data means forming a view on price requires careful consideration of the land value and the houseโs condition. The 141mยฒ internal size is modest for the block, so the propertyโs value is likely driven more by the land than the dwelling. Its age and finishes are not known from available records, so a buyer should factor in potential renovation costs or the possibility of a knockdown rebuild. The property is not in a flood zone, which removes one common coastal risk, but the older housing stock may have maintenance needs that could affect overall cost. The large block and beach proximity are strong draws, but the house itself may need work to meet modern expectations.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 48 Central Avenue, Scarborough QLD 4020
Market Insight:
Scarborough offers a coastal lifestyle underpinned by strong, dual-track growth. House values have risen up to 18% in the past year, while units have surged over 20%, driven by robust sales activity. Demand is anchored by an established, older demographic and is broadening to include young professionals and downsizers seeking units. This is creating a dynamic market with houses selling in approximately 40 days and units offering higher rental yields. Future performance will hinge on maintaining this broad demand base amid sustained affordability pressures.