1/16 Orsova Terrace, Caloundra QLD 4551
1/16 Orsova Terrace, Caloundra QLD 4551
This is a ground floor three bedroom one bathroom duplex on a 721 square metre lot shared between two units. It has one car space and was built in the late 1990s or early 2000s.
A three bedroom duplex under one million dollars in this part of Caloundra is not common. The property offers a low maintenance footprint with three bedrooms which suits downsizers and small families who want access to the township and beach without the cost of a standalone house. The quiet street character and shared lot arrangement keeps the price accessible while still providing private ground level living. It sits in a stable low density area where duplex stock is less plentiful than houses giving it a distinct position for buyers prioritising affordability over space.
The single bathroom is a real constraint for families and may narrow the buyer pool. The shared lot means the private yard is smaller than what a house on its own title would offer and there is no pool or air conditioning mentioned which could affect perceived value against renovated comparables. The building age suggests original finishes which might require updating. Buyers should weigh the cost of any renovations against the below median price positioning. The lack of recent sale history means price discovery may take longer.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/16 Orsova Terrace, Caloundra QLD 4551
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
URL has been copied successfully!
Market Insight
Caloundra is a tightly held lifestyle market on the Sunshine Coast’s southern corridor, characterised by constrained supply and solid underlying demand. The market is primarily driven by first-home buyers and investors seeking entry-level opportunities, though affordability pressures are tempering activity. Recent price growth has been robust, particularly for units, with a very low vacancy rate indicating strong rental demand. Future growth is underpinned by persistent lifestyle appeal and limited housing stock, but is moderated by significant affordability constraints and cautious consumer sentiment.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
721m²
URL has been copied successfully!