14 Oak Cres, Bowen QLD 4805

14 Oak Cres, Bowen QLD 4805
764m² brick house | walkable beach & park | no flood/bushfire overlay | strong family demand | FTTP NBN A generous 764m² block in established Bowen is offered with a detached masonry house, a fully fenced yard, and established gardens. A settled coastal character is reinforced by walkable access to the beach and Queens Park. No mapped flood, bushfire, or heritage overlays are present, removing common regional risk factors. This property serves owner-occupier families seeking space and convenience, and downsizers looking for a single-level footprint. Strong demand for family houses in this pocket is evidenced by short selling times. Value may be most affected by the condition of the kitchen, bathroom, and internal finishes. The building’s age might introduce maintenance considerations; however, a well-presented interior could offset that concern. The sizeable block offers flexibility for future extension or outdoor improvements, depending on council guidance. These factors should be weighed carefully when forming a view on price. >> Comparable Sales: 14 Oak Cres $364k (2023) | Property Price Band: $500k-$600k | Value Drivers: land size, brick construction, walkable beach access
Detailed Independent Property Report prepared  by PropCred Analyst team for 14 Oak Cres, Bowen QLD 4805
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ✕ 2
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Market Insight

Bowen’s market remains tightly held, with houses at a $562,500 median, up 26.4% annually, and a 5.5% gross yield, while units sit at $354,500 with a 6.76% yield. Stock moves quickly, averaging 23 days on market, and vacancy sits below 2%, reflecting scarce inventory. Interstate high-net-worth buyers from Sydney, Melbourne and Brisbane are driving demand for family homes and coastal lifestyle property, supported by an economy diversified across mining, tourism, agriculture and port activity. Future growth relies on infrastructure upgrades and ongoing port investment, though interest-rate sensitivity and tight supply remain constraints, with Bowen still more affordable than its Whitsundays neighbours. Annual sales of 273 houses indicate a functioning resale market.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

2

Land

764m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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