12 Marion Street, Tugun QLD 4224
12 Marion Street, Tugun QLD 4224
Coastal low-rise street | tight-hold residential enclave | elevated breeze potential | village and beach proximity | family-sized stock
The property is positioned in a low-rise coastal pocket of Tugun, where tightly held streets are preserved with a village-scale character. Its configuration is suited to a buyer seeking a manageable home near the beach, with the elevated section being noted for potential refreshing breezes. This property is best suited to owner-occupier families or downsizers who are prioritised by lifestyle convenience and a stable residential setting.
Value may be influenced by the condition of the dwelling, the size and orientation of the land, and the quality of the outlook. A flood overlay might be detected in some pockets, and the level of privacy or shared-wall arrangement could be considered a factor if the property is semi-detached. These elements should be weighed by buyers when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Marion Street, Tugun QLD 4224
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Tugun is a tight-knit Gold Coast suburb, anchored by a mature professional demographic and an uncrowded beachside setting. Demand is driven by established buyers aged 50–59 seeking ocean access and local amenities, with sales activity thin at 67 houses over the year. The median house price is $1.51 million, up 10.5% annually, although other estimates place it between $1.2 million and $1.6 million; units sit around $1.0 million with 8.9% growth. Rents are rising sharply—houses at $1,150 weekly, up 21.1%, and units at $850—yet gross yields remain modest at 3.8% for houses and 4.1–4.2% for units. Growth continues to be supported by lifestyle demand, but affordability constraints are pronounced at current entry points.
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PropCred Estimated Value
Comparable Sales: 2/41 Marion Street at $1.49M, 1/27 Marion Street at $1.52M | Property Price Band: $1.4M-$1.5M | Value Drivers: land size, condition, elevated outlook
Bedrooms
4
Bathroom
2
Parking
2
Land
562m²
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