16/52 Bestman Avenue, Bongaree QLD 4507

16/52 Bestman Avenue, Bongaree QLD 4507
2 bed 2 bath with ensuite | secure garage and balcony | flood overlay present | modernised beachside unit | strong holiday and retiree demand This unit sits within a low-rise beachside complex that has been modernised to a standard that competes well in the Bongaree market. The internal layout is efficient for a couple or small household, with the ensuite to the master and a balcony that extends the living space. The secure garage and intercom add a layer of convenience that many older units in the area lack. It serves retirees downsizing for a coastal lifestyle, investors targeting holiday or long-term rental demand, and first-home buyers who want a turnkey property near the water. The flood overlay is present but does not appear to have deterred recent buyers in the same complex, and the position near the Bongaree strip means shops and cafes are within walking distance. The flood overlay may affect insurance premiums and could be a negotiating point for cautious buyers, though it has not suppressed values in comparable units nearby. The land size of 1.3 acres is a strata share rather than a private block, so it should not be compared to a standalone house lot. The building age is not stated but the interior updates are recent, which reduces immediate maintenance risk but does not change the underlying structure. Rental yield is modest for the price band, and the unit may not suit families needing school catchment performance or those who require a high-growth outlook. A buyer should verify the strata levies and any sinking fund commitments before forming a final view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 16/52 Bestman Avenue, Bongaree QLD 4507
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ! 1
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Insight: Bongaree QLD 4507

Bongaree’s property market is characterised by exceptional capital growth, with house values surging 97% over five years and a remarkable 17-23% in the past year alone. This rapid price escalation, alongside a median house price approaching $950,000, signals a high-demand, high-growth environment. Demand is evidenced by brisk sales, with houses averaging just 27 days on market, and stronger performance for larger dwellings. While rental yields are moderate, the suburb’s sustained price momentum suggests robust buyer competition, though this growth trajectory introduces potential affordability constraints for future entrants.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

1.3 acres

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

29 Bower Street, Manly NSW 2095

29 Bower Street is a 4-bedroom, 3-bathroom house with 3 parking spaces on a recorded land size of 1228m². The...

46-50 Akoonah Drive, Beechmont QLD 4211

This apartment at 46-50 Akoonah Drive offers a 4-bedroom, 2-bathroom layout with 4 parking spaces on a recorded land size...

27 Cash Grove, Pasadena SA 5042

At 27 Cash Grove, the property combines a 3-bedroom, 1-bathroom layout with 1 parking space on a recorded land size...

2 Sixth Street, Napperby SA 5540

2 Sixth Street presents as a house with a 3-bedroom, 1-bathroom layout with 2 parking spaces on a recorded land...

15 Robert Street, Lalor VIC 3075

15 Robert Street is a 3-bedroom, 1-bathroom house with 5 parking spaces on a recorded land size of 557m². The...

327 Mandalay Circuit, Beveridge VIC 3753

This home at 327 Mandalay Circuit offers a 4-bedroom, 2-bathroom layout with 2 parking spaces on a recorded land size...

368B Williamstown Road, Yarraville VIC 3013

At 368B Williamstown Road, the property combines a 3-bedroom, 2-bathroom layout with 2 parking spaces on a recorded land size...

103/37 Chinderah Bay Drive, Chinderah NSW 2487

103/37 Chinderah Bay Drive presents as a house with a 1-bedroom, 1-bathroom layout with 1 parking space on a recorded...

12 Parry Avenue, Terrigal NSW 2260

12 Parry Avenue is a 6-bedroom, 2-bathroom house with - parking spaces on a recorded land size of 695m². The...

7 Cunningham Court, Gracemere QLD 4702

This home at 7 Cunningham Court offers a 4-bedroom, 2-bathroom layout with 4 parking spaces on a recorded land size...

30 Bolden Street, Stratford VIC 3862

At 30 Bolden Street, the property combines a 2-bedroom, 1-bathroom layout with 6 parking spaces on a recorded land size...

11 Bonita Court, Urangan QLD 4655

11 Bonita Court presents as a house with a 4-bedroom, 2-bathroom layout with 4 parking spaces on a recorded land...