15 Marian Street, Coral Cove QLD 4670
15 Marian Street, Coral Cove QLD 4670
4-bed coastal house | 2022 dwelling approval | tight rental demand | golf-course and ocean proximity | quiet family pocket
The property is positioned in Coral Cove’s coastal residential core, where detached family housing is the norm. Recent construction is indicated by a 2022 council approval for a dwelling at this address, which is likely to appeal to buyers wanting a modern coastal house without the estate premium. Four bedrooms, two bathrooms, and double garaging are provided, matching the suburb’s standard family offering. A genuine lifestyle draw is created by the golf course, foreshore parks, and ocean lookout. Tight rental demand is indicated by a vacancy rate near 1.6%, suiting both owner-occupier families and investors. A buyer prioritising a quiet coastal setting over major-city proximity would be best served by this property.
The eventual value may be shaped by land dimensions, finished quality, and orientation. A level block with good indoor-outdoor flow is likely to be supported toward the upper end of the local range; a smaller or more constrained parcel could have expectations moderated. A contemporary build is suggested by the 2022 approval, but the price will be guided by finishes and any site-specific constraints.
>> Comparable Sales: 15 McCallum Close 4/2/2 601m² $849k | Property Price Band: $600K–$700K | Value Drivers: 2022 dwelling approval, golf-and-ocean lifestyle pocket, family layout
Detailed Independent Property Report prepared by PropCred Analyst team for 15 Marian Street, Coral Cove QLD 4670
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Coral Cove QLD 4670 is a premium coastal suburb in the Bundaberg region. Demand is driven by older, established buyers: average age 51, 44% over 55, 42% own outright, 55% childless couples. House median is $830,000, with annual growth of 7-8.6%. Houses sell in 42-45 days; annual sales volume is 47-61. House rental yield is 4.2%, median rent $700/week. Unit sales are insufficient for analysis. Regional buyer activity in the wider Bundaberg region remains a demand driver, but supply outweighs demand, the aggregate median is below the Queensland average, and scope for organic capital growth is limited. Interest-rate sensitivity persists; the RBA expects supply-side fixes may not cool prices until 2027.
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PropCred Estimated Value
Bedrooms
5
Bathroom
4
Parking
5
Land
879m²
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