1/83 Mackerel Street, Woodgate QLD 4660
1/83 Mackerel Street, Woodgate QLD 4660
2 bed | 3 car | beachside unit | holiday-let demand | bushfire overlay
A two-bedroom unit with three parking spaces is presented here, a configuration that is rarely found in Woodgate’s low-rise coastal stock. The property is positioned within a beachside township where detached family homes dominate, meaning a more accessible entry point into the local market is offered to buyers. Holiday-let operators, downsizers, and lock-up-and-leave owners are best served by this layout, as low-maintenance living and secure vehicle storage are provided in a single holding. The beach and lifestyle amenity of the suburb are retained without the upkeep demands of a large land parcel.
A bushfire overlay is noted for the street, which may be weighed by buyers for its insurance implications. Price outcomes may be shaped by internal condition, complex presentation, and the title structure. Income potential might be supported by short-stay demand, though returns may hinge on furnishing levels and management arrangements.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/83 Mackerel Street, Woodgate QLD 4660
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Woodgate, a coastal Queensland suburb, is a tightly held, retiree-dominated market: 71% of residents are over 55, 82% are childless couples, and outright ownership is 61%. This cohort drives demand for low-maintenance housing, supporting recent median house prices between $726,000 and $825,000. Annual growth ranges from 3.6% to 11.6%, depending on the measure, while houses sit on market for 82–163 days—a slower, thinner market than the state median of 22 days. Sales volume is low at 50–64 transactions per annum, and unit stock is negligible. Regional Queensland price growth of 9.59% provides a supportive backdrop, but affordability is stretched against local incomes, and the long listing times signal buyer selectivity. Future gains depend on sustained retiree migration and state-wide demand; limited supply diversity and rate sensitivity are key constraints.
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PropCred Estimated Value
Comparable Sales: 1/81 Mackerel St sold $456K-$494K | Property Price Band: $450K-$550K | Value Drivers: internal presentation, parking provision, complex condition
Bedrooms
2
Bathroom
1
Parking
2
Land
2153m²
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