48 O'Grady Drive, Paradise Point QLD 4216
48 O’Grady Drive, Paradise Point QLD 4216
Large family house on ~700m² | Inland Paradise Point, not waterfront | Strong rental demand for 4–5 bed homes | Flood overlay likely relevant | Solid mainstream-to-upper family stock
This property sits in the established family-house tier of Paradise Point, where detached homes on generous lots dominate the immediate street. With a likely configuration of 3–5 bedrooms, multiple living zones, and room for boats or multiple cars, it competes directly with buyers seeking practical coastal living rather than the premium waterfront tier. The land size alone gives it an edge over tighter suburban blocks, and the suburb’s mix of parkland, café lifestyle, and canal access broadens its appeal. It serves best an owner-occupier family or an investor targeting the strong weekly rental demand for large homes in this area.
The flood overlay on nearby parcels may influence insurance costs and lending appetite, though it does not appear to suppress local demand. Property condition and presentation will likely drive value more than location, given the street’s uniform character. A renovated interior, pool, or high-clearance parking could lift it above comparable stock, while an outdated layout might cap upside. Buyers should weigh the balance between land size and the cost of any necessary updates when forming a price view.
|| Comparable Sales: 64 O’Grady Drive listed at $2.35M; 48 King Charles Drive appraised rent $2,000–$2,500/week | Property Price Band: $2.2M–$2.4M | Value Drivers: land size, condition and layout, flood overlay impact
Detailed Independent Property Report prepared by PropCred Analyst team for 48 O’Grady Drive, Paradise Point QLD 4216
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Paradise Point, set on Ephraim Island with marina berths, is a premium Gold Coast enclave. Its $1.825 million median house price, supported by 7.35% annual capital growth, reflects demand from affluent professionals and managers, chiefly aged 60-69. The unit market has outperformed, rising 26.2% year-on-year to a $1.085 million median, while 164 house sales in 12 months show turnover. Buyers are drawn by lifestyle infrastructure and strong household incomes. Future growth drivers include ongoing island scarcity and recent sales momentum. The key constraint is affordability: the high entry price limits buyer depth, and limited sales data transparency may also temper price discovery.
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PropCred Estimated Value
Comparable Sales: 64 O’Grady Drive listed at $2.35M; 48 King Charles Drive appraised rent $2,000–$2,500/week | Property Price Band: $2.2M–$2.4M | Value Drivers: land size, condition and layout, flood overlay impact
Bedrooms
4
Bathroom
3
Parking
4
Land
685m²
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