125/230 Pulgul Street, Urangan QLD 4655
125/230 Pulgul Street, Urangan QLD 4655
Resort gated community | 3-bed townhouse | 122sqm internal | 153sqm lot | 1 garage | prime Urangan marina precinct
This townhouse offers a rare combination of resort lifestyle access and solid capital growth, with comparable units in the complex achieving 16-20% annual gains over recent years. The 122sqm internal layout is functional for a small family or downsizer, and the undercover sunroom adds valuable outdoor living space without land maintenance. Its position within The Domain Hervey Bay, moments from the marina and beaches, serves buyers seeking a lock-and-leave coastal base with strong rental demand from the 33% retiree and 25% under-20 demographic.
The main risk is the single parking space, which may limit appeal for car-dependent households or those expecting guest parking in a gated complex. The 153sqm lot is small, restricting future extension options. However, the 2023 sale at $505,000 and current comparable at $679,000 suggest pricing has risen sharply; buyers should verify if the current ask reflects genuine market support or vendor expectation. The 80% owner-occupancy rate in the street supports stable values. Hold for medium-term capital growth or use as a low-maintenance rental with resort amenities.
Detailed Independent Property Report prepared by PropCred Analyst team for 125/230 Pulgul Street, Urangan QLD 4655
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Urangan’s property market is characterised by strong house price growth, with median values between $725k and $763k and annual gains of 7.7% to 16.95%, indicating robust demand. This demand is primarily driven by the rental market, where weekly rents for houses have increased by up to 8.3%, reflecting high tenant competition. However, a key constraint is emerging buyer caution, evidenced by houses taking 21 to 63 days to sell, suggesting a more measured market pace despite the upward price momentum.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
153m²
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