23 Sapphire Place, Elanora QLD 4221

23 Sapphire Place, Elanora QLD 4221
4-bed 2015 build | 471m² level lot | 38% coverage | high ceilings & open plan | FTTP & solar This property presents a competitively strong offering for a family seeking a modern, low-maintenance home in a established residential setting. Its 2015 construction implies contemporary building standards and reduced near-term capital expenditure, while the 471m² lot with only 38% building coverage provides valuable outdoor space and expansion potential within council guidelines. The configuration of four bedrooms and two bathrooms aligns with core family demand. High ceilings and an open plan enhance livability and perceived value. The absence of overlays for bushfire or flood removes significant insurance and regulatory hurdles, simplifying due diligence. The primary decision point is the lack of recent comparable sales data, which introduces valuation uncertainty and requires establishing an independent price benchmark. The off-market comparable at 21 Sapphire Place suggests a premium for this property’s additional bedroom and larger land size, but this is not a confirmed sale. For a buyer, the commercial logic is securing a turnkey family home in a school catchment area, holding for medium-term capital growth driven by its scarcity as a newer build on a sizable lot in the locale. Proceed with an offer contingent on a building inspection and utilising a property advisory report to pressure-test the valuation, verify locality-specific risks, and clarify insurance premiums.
Detailed Independent Property Report prepared  by PropCred Analyst team for 23 Sapphire Place, Elanora QLD 4221
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Elanora is a high-demand family suburb positioned as a value alternative to premium beachfront markets. Demand is driven by families, creating a tight, fast-moving market where houses sell in just 16 days. Recent price growth is robust, with house values rising over 12% annually, supported by strong rental yields above 4%. Future growth is linked to sustained family buyer absorption, though its pace makes it sensitive to broader economic shifts.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

471m²

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat