13/13 Burrawong Avenue, Bongaree QLD 4507

First-floor unit | dual-aspect natural light | walk to Bribie shops and water | well-maintained low-density complex | suited to downsizer or investor. This unit’s competitive strength lies in its position within a quiet, well-maintained complex that offers dual-access convenience and a single carport directly outside,rare for first-floor units in Bongaree. The open-plan interior with Fujitsu air conditioning and security screening reduces ongoing fit-out cost, while the brand new hot water system removes an immediate capital expense. The location, a short walk to Woolworths, cafes, and the waterfront, supports strong rental demand and owner-occupier appeal, particularly for downsizers or retirees seeking low-maintenance coastal living. The suburb’s 12.9% growth trend and 3.5% rental yield reinforce the property’s position as a solid entry point into a tightening market. The flood overlay is the primary risk and should be verified against specific floor height and recent event history,this may affect insurance premiums and resale liquidity. The asking price sits well below the estimated value range of $832,000–$873,000, creating a potential value gap if the flood risk is manageable. The property last sold in 2015, so no recent price anchor is available; comparable sales nearby should be cross-checked. For a buyer, this unit functions best as a hold-and-occupy or hold-and-lease asset, with low holding costs and upside from suburb-level demand.