114 North Quay Circuit, Hope Island QLD 4212
114 North Quay Circuit, Hope Island QLD 4212
Large 197m² strata home | 3 bed, 2 bath, 2 car | Resort estate setting | Updated interiors | Strong owner-occupier appeal
This property stands out as a generously proportioned strata home within a masterplanned estate, offering internal space that is notably larger than typical three-bedroom attached dwellings in the area. The 197 square metres of living area, combined with a 243 square metre lot, provides a floorplan that feels more like a small house than a standard townhouse, which is a competitive advantage for buyers seeking room to spread out without the maintenance of a full detached home. Updated paint, carpet, and bathrooms lift the presentation above entry-level stock, while the courtyard, outdoor entertaining area, and fully fenced yard add practical outdoor space. This property is best suited to owner-occupiers—particularly downsizers or professionals—who value low-maintenance estate living with garage parking and a secure, quiet environment.
Value in this property may be influenced by strata fees and the specific position within the estate, as these can vary significantly and affect ongoing costs and lifestyle appeal. The inconsistent portal classification as house, townhouse, villa, or unit suggests the title type should be confirmed, as it may impact financing options and buyer perception. While the 2022 sale history indicates past growth, current valuation signals show a wide spread, meaning the final price will depend heavily on how the property compares to similar units in the same complex. Buyers should weigh the benefit of the large internal area against the strata obligations and whether the estate’s amenity justifies the premium over more basic townhouse stock in the broader Hope Island market.
Detailed Independent Property Report prepared by PropCred Analyst team for 114 North Quay Circuit, Hope Island QLD 4212
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
!
1
Income Risk
✓
Execution Risk
✕
2
Market Insight
Hope Island presents a high-value, dual-track market. Demand is driven by affluent professionals, with strong rental growth (8-10% annually) and robust sales activity underpinning the unit sector, which has seen 6% price growth. However, the premium house segment faces headwinds, with prices down 2-5% and extended 65-day marketing times reflecting affordability constraints. Future growth hinges on sustained rental demand, but high entry prices and divergent performance between houses and units remain key considerations.
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
4
Land
243m²
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