16/9 Border Drive N, Currumbin Waters QLD 4223

16/9 Border Drive N, Currumbin Waters QLD 4223
Gold Coast townhouse | 3 bed, 2 bath, 2 car | near top schools | flood-free | for sale This property presents a clear opportunity for a low-maintenance lifestyle purchase or a stable rental investment, given its position in established school catchments and absence of flood risk. The primary financial risk is the bushfire overlay, which may incur future compliance costs and slightly elevate insurance premiums. For a buyer, the commercial logic supports a long-term hold, leveraging consistent rental demand from families drawn to the catchment zones. Its current listing so soon after a 2024 sale suggests a motivated vendor, creating a potential negotiation advantage. Competitively, the townhouseΒ’s rarity lies in its combination of dual living areas, dual car spaces, and a useable 153mΒ² lot within a high-demand family corridor. This configuration strongly serves owner-occupiers seeking entry into the Currumbin Waters precinct or an investor targeting the family rental market, where the proximity to Currumbin State School and Palm Beach-Currumbin State High School is a prime driver of tenancy. The inclusion of FTTP NBN supports modern work-from-home needs, adding practical value. Your next step is to assess the specific bushfire mitigation requirements and recent comparable sales to define a precise offer strategy. The property last sold for $940,000 in mid-2024 after approximately 37 days on market. This recent transaction provides a credible baseline, indicating the market’s previous valuation and a relatively efficient sale period. For a prospective buyer, this history is a critical anchor point for assessing the current price expectation and market momentum.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Currumbin Waters is a high-demand, family-oriented suburb where established homes are transacting swiftly, indicating strong underlying demand from owner-occupiers. This is driven by its low-density residential character, appealing to couples with children seeking a settled environment. The market demonstrates robust price appreciation across both houses and units, with properties selling significantly faster than nearby areas. Future growth is supported by this sustained buyer activity, though the limited current supply for sale and rent presents a key constraint on availability.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

1.31 acres

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