10 Pool Street, Hope Island QLD 4212
10 Pool Street, Hope Island QLD 4212
809 m² knockdown block | land-dominant value | 2-bed 1-bath house | established Hope Island street | builder or redeveloper target
The property is presented as a knockdown-and-rebuild opportunity, a rare configuration in Hope Island where most newer stock is marketed as finished homes. The 809 m² block is understood to carry the principal value, with the existing two-bedroom house serving as the secondary structure. The site is positioned within an established suburb benefiting from retail, marina, and golf amenity, and demand is driven by buyers seeking land in a well-serviced coastal location. The property is best suited to a builder, redeveloper, or owner-occupier planning a new dwelling, rather than a buyer seeking move-in ready accommodation.
The value may be influenced by the existing dwelling’s condition and the demolition cost, with both weighed against the replacement build program. The site might be affected by flood or overlay considerations, and the streetscape may be used to guide the scale and style of a future dwelling. Rebuild delivery time in the current market may be weighed by buyers.
Detailed Independent Property Report prepared by PropCred Analyst team for 10 Pool Street, Hope Island QLD 4212
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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Market Insight
Hope Island, on the Gold Coast’s northern end, is a high-value market where managers and affluent households underpin demand. House rents have risen 8–9% and unit rents 9–10% annually, with unit prices up 5.9–6.1% to a median around $900,000. Houses have softened, down 2.6–5.3% to $1.66–1.88 million, and sit on market 64–65 days, versus 49–52 for units. Sales volume remains robust, 303–359 houses and 310 units in the past year. Future growth relies on infrastructure links to Brisbane and the Gold Coast and strong rental yields (houses 3.7%, units 4.5%). Constraints: high entry prices, affordability, and negative house price growth.
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PropCred Estimated Value
Comparable Sales: 116 Sheehan Avenue sold $1.15M on 809 m²; 88 Sheehan Avenue sold $2.1M on 809 m² | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, knockdown condition, rebuild potential
Bedrooms
3
Bathroom
1
Parking
-
Land
809m²
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