16 Mareela Street, Coochiemudlo Island QLD 4184
16 Mareela Street, Coochiemudlo Island QLD 4184
3 bedrooms, 1 bathroom plus powder room, 2 car spaces. Single-story house on 521 m². Built 1990, internal area 128 sqm. Features wrap-around verandahs, new kitchen and bathroom, large 12m shed, solar panels, and side access.
This property is positioned as a significantly upgraded island home, standing apart from older cottage stock in the suburb. The new kitchen and bathroom, combined with solar panels and a large shed, reduce immediate maintenance demands and improve everyday liveability. The 128 sqm internal area with two living spaces and wrap-around verandahs offers functional space often absent in smaller island homes. This house best serves lifestyle buyers seeking a turnkey island residence with strong amenity and room for hobbies or storage, rather than a renovation project.
The 2.9 km distance to the nearest supermarket may affect convenience for daily errands, particularly for those without a vehicle. The parking count is inconsistent across sources, which could influence practical use for multiple vehicles or a boat. While the property has seen strong appreciation since 2017, the current price point positions it at a premium within the suburb; a buyer should weigh the value of the upgrades and the large shed against what comparable unrenovated stock might offer. The island location itself may introduce transport dependencies that affect resale liquidity for certain buyer profiles.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Mareela Street, Coochiemudlo Island QLD 4184
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Coochiemudlo Island is being driven by limited supply and strong lifestyle demand-buyers want low‑density coastal living with easy ferry access to Redland/Brisbane and a quiet, retirement/lifestyle market profile.
People buy for lifestyle and capital growth rather than yield; risks include small market liquidity, modest rental returns and potential short‑term pressure if local building approvals increase.
Broadly, prices have trended up over the six months to March 3, 2026, with modest quarterly gains and annual growth in the high‑teens to around 20%, suggesting steady capital appreciation rather than rapid short‑term income.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
4
Land
521m²
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