13 Hawkins Drive, Bargara QLD 4670
13 Hawkins Drive, Bargara QLD 4670
3 beds | 2 baths | 826mยฒ | 6 car spaces | Bargara school catchment
The propertyโs competitive strength lies in its generous land-to-building ratio on an 826mยฒ lot with only 18% coverage, offering rare expansion or subdivision optionality in a tightly held street where 85% of owners are long-term occupants. The six-vehicle capacity, including a four-car garage and two-car carport, positions this house well for tradespeople, boat owners, or multi-vehicle householdsโa functional edge most Bargara listings lack. With reliable NBN and 5G coverage, plus solar panels and a water tank, it suits a buyer seeking reduced utility dependency in a coastal climate. The property is best suited to a family prioritising school catchment access and a buyer wanting future land value without immediate renovation demands.
The primary risk is the 1992 purchase history and absence of recent comparable sales, meaning the buyer lacks a clear market floor and must rely on the current $915,000 estimate against the $889,000-plus askโa narrow margin that demands caution. No flood, bushfire, or heritage overlays reduce insurance and approval friction, but the 7-metre ground elevation and 5-metre roof height suggest limited flood resilience if sea-level projections shift. The opportunity is to negotiate below the estimate range using the five-day listing window and zero recent street sales as leverage. Hold this property for land appreciation and rental cover at $685 per week, or consider a future lot split if council zoning permits.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Bargara is a coastal lifestyle suburb attracting professional buyers, evidenced by robust sales (193 houses) and high regional search demand. House prices, around $870k, have grown 6-9% annually, with units at $620k seeing 4-7% growth, reflecting strong market conditions. Future growth is supported by high rental demand, though a significant supply pipeline and price points above the regional median present affordability and oversupply risks.