1 Doomba Drive, Bongaree QLD 4507
1 Doomba Drive, Bongaree QLD 4507
Older coastal stock | 3-bed family format | Low-set detached house | Flood overlay present | Mid-size 500m² lot
This property sits within a well-established coastal pocket where the housing stock is a genuine mix of original 1970s homes and more recently updated dwellings. The street itself offers a settled, low-traffic character that appeals strongly to owner-occupiers, particularly families and downsizers looking for a single-level layout on a manageable block. The configuration is straightforward and practical, with the kind of modest internal footprint that suits first-home buyers or investors seeking a reliable rental return in a lifestyle-focused suburb. Its position within established school catchments and close to the Pumicestone Passage adds everyday convenience that supports both liveability and ongoing demand.
The main factor that may shape value is the flood overlay recorded on the street, which could influence insurance costs and any future renovation or extension plans. The age of the dwelling means condition and recent upgrades will carry significant weight in how the market responds, with modernised kitchens, bathrooms, and indoor-outdoor flow likely to lift appeal considerably. Buyers should also weigh the balance between the property’s older bones and its potential for improvement, as well as the slower sales turnover typical of the area, which may provide room for negotiation.
|| Comparable Sales: 36 Doomba Drive sold at $819,000; 13 Doomba Drive transacted around $1,000,000 | Property Price Band: $800,000–$900,000 | Value Drivers: Condition and renovation level, land size, flood overlay implications
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Doomba Drive, Bongaree QLD 4507
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Bongaree’s property market is characterised by exceptional capital growth, with house values surging 97% over five years and a remarkable 17-23% in the past year alone. This rapid price escalation, alongside a median house price approaching $950,000, signals a high-demand, high-growth environment. Demand is evidenced by brisk sales, with houses averaging just 27 days on market, and stronger performance for larger dwellings. While rental yields are moderate, the suburb’s sustained price momentum suggests robust buyer competition, though this growth trajectory introduces potential affordability constraints for future entrants.
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PropCred Estimated Value
Comparable Sales: 36 Doomba Drive sold at $819,000; 13 Doomba Drive transacted around $1,000,000 | Property Price Band: $800,000–$900,000 | Value Drivers: Condition and renovation level, land size, flood overlay implications
Bedrooms
3
Bathroom
2
Parking
2
Land
521m²
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