16 Chippendale Cres, Currumbin Waters QLD 4223

16 Chippendale Cres, Currumbin Waters QLD 4223
4-bed family house on 603m² | Below-median price point in family suburb | Flood overlay noted | Strong digital infrastructure | Solid rental yield signals This is a competitive family-house configuration for Currumbin Waters, offering four bedrooms, two bathrooms, and a 603m² lot with a substantial 200m² internal footprint. The property sits in a family-oriented pocket with school catchments and detached housing stock, making it well-suited to owner-occupiers seeking space and amenity. The digital infrastructure is a genuine advantage, with NBN fibre to the premises and 5G coverage supporting modern work-from-home needs. The rental yield signals around 3.5 to 3.6 percent suggest the property also holds appeal for investors, particularly given the detached house format and school proximity that underpin tenant demand in this corridor. The flood overlay is the most material factor to weigh here, as it may influence insurance costs and buyer perception, potentially narrowing the pool of purchasers or affecting resale conditions in a slower market. The property’s sale history shows it took 88 days to sell, which aligns with a suburb that averages 60 days on market, suggesting buyers may have some negotiation room in this price band. The finishes and building age are not confirmed from available data, so a physical inspection will be critical to assess whether the home’s condition justifies the current price expectations or whether a discount is warranted for deferred maintenance.
Detailed Independent Property Report prepared  by PropCred Analyst team for 16 Chippendale Cres, Currumbin Waters QLD 4223
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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

4

Bathroom

2

Parking

2

Land

603m²

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