130/19 Bongaree Avenue, Bongaree QLD 4507

2-3 bedroom villa on Bribie Island | dual bathrooms and generous parking | value range $935k-$1,025k | bedroom count discrepancy needs verification This villa at Bongaree Avenue offers a rare configuration in a coastal market where two-bedroom villas often struggle to attract families, but the three-bedroom layout here—if confirmed—positions it strongly for owner-occupiers seeking a lock-and-leave holiday base or downsizers wanting proximity to water. The dual bathrooms and two-car parking are practical advantages over competing units in the 4507 postcode, where older stock typically offers single bathrooms and tight parking. The medium-high confidence valuation suggests the market has already absorbed any upside from recent interest rate shifts, meaning the buyer is paying for established demand rather than speculation. This property suits a buyer who values low-maintenance coastal living with room for guests or a home office, and who prioritises immediate occupancy over renovation upside. The primary risk is the bedroom count inconsistency across sources, which could indicate a non-compliant third bedroom or a misclassified floorplan, and this must be resolved through a physical inspection and title search before any offer. The 11.9 hectare lot figure is likely a data error given the villa typology, and relying on it for land value assumptions would mislead the buyer. There is no obvious arbitrage opportunity here; the property is priced near its ceiling for the segment, so the buyer should negotiate from a position of verifying condition rather than expecting discount. Hold this property as a medium-term coastal residence, not a flip, and treat any rental yield as secondary to lifestyle utility.