1/80 Heeb Street, Benowa QLD 4217
1/80 Heeb Street, Benowa QLD 4217
Benowa townhouse | three-bed three-bath | pool and study | strong recent local sales data
The property occupies a compact but efficient 168mยฒ footprint with three full bathrooms, a rare configuration in Benowaโs townhouse market that supports dual-occupancy or professional sharers. The in-ground pool and dedicated study add genuine lifestyle and work-from-home utility, while the absence of flood or bushfire overlays removes latent insurance or resale discount risk. For a buyer seeking a low-maintenance, high-amenity holding in a well-serviced Gold Coast suburb with solid school catchments, this unit suits both owner-occupiers and investors targeting the premium end of the three-bed apartment bracket,where recent local sales show a median of $1.34m and strong transaction volume.
The listing price sits above both automated valuations, and the conflicting on-market status across portals signals possible marketing fatigue or vendor hesitation. Without a recorded sale price from 2022, the buyer lacks a clear recent benchmark; the 2008 sale at $755,000 is too dated to anchor negotiation. Rental yield at current list price falls below 3.5% even at the high rent estimate, making income-driven buyers reliant on capital growth. Hold this property for medium-term appreciation in a supply-constrained pocket, and negotiate hard against the gap between listing and Domainโs estimate.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/80 Heeb Street, Benowa QLD 4217
Market Insight:
Benowa is a well-established, high-ownership suburb on the Gold Coast, characterised by professional families. Demand is driven by this demographic seeking quality education and a transition from its rural past to a sought-after residential locale. The market demonstrates solid growth, with median house prices around $1.75M and units near $920K, both showing consistent annual appreciation. Units offer stronger rental yields above 4%. Future drivers include its enduring appeal to owner-occupiers, though affordability pressures and mortgage sensitivity present key constraints in the current climate.