12 Foxtail Cres, Banksia Beach QLD 4507
12 Foxtail Cres, Banksia Beach QLD 4507
3 bed family house | 608 m² with 342 m² build | Flood overlay on title | Long-hold street, seven-figure sales | $900/week rent potential
This is a compact but substantial family house in an established coastal pocket where most neighbouring homes carry four bedrooms and similar land. The 342 m² building footprint is unusually generous for the lot, giving the interior a sense of space that outweighs the bedroom count. That makes it a practical fit for downsizers, couples, or small families who want a low-maintenance yard and a large, open living area rather than extra rooms. The solar panels, water tank, and secure parking add everyday efficiency, while the study and deck broaden its appeal for remote work and coastal living. It sits within confirmed school catchments, and the street’s long ownership tenures suggest a stable, neighbourly environment. The house serves best as a turnkey family home where indoor comfort matters more than guest capacity.
The flood planning overlay and overland flow path are the most material factors here. They may influence insurance premiums, landscaping choices, and future extension options, though the house itself is elevated at 8 metres with a 6-metre roof height, which could mitigate practical risk. The 56% site coverage leaves limited outdoor space, and the absence of a detected internet connection might require a new service arrangement. The 3.5% gross yield from the $900 weekly rent is moderate for the price point, so the property’s value leans more on owner-occupier demand than investor returns. Buyers should weigh the large building size against the flood designation and confirm how both affect their intended use.
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Foxtail Cres, Banksia Beach QLD 4507
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
2
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Market Insight
Banksia Beach sits in an upper-tier price bracket, with houses at $1.18–$1.26 million and annual growth of 18.9–25.8%. Demand is driven by a mature cohort—58% over 55, mostly outright owners and childless couples—attracted to waterfront and island living. Sales are steady at 190–229 houses yearly, with median days on market ranging 44–99. Gross house yields are thin at 3.44–3.6%. Units remain illiquid, with only 8–13 transactions over 12 months and a median of $689,000. Future upside rests on coastal lifestyle appeal, but price sensitivity is a key constraint given the upper-end positioning, limited rental buffer, and sparse unit turnover.
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PropCred Estimated Value
Comparable Sales: 29 Foxtail Cres sold $1.075M; 14 Foxtail Cres sold $1.28M | Property Price Band: $1.3M–$1.4M | Value Drivers: large building footprint, flood overlay, coastal suburb location with stable demand
Bedrooms
3
Bathroom
2
Parking
2
Land
608m²
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