166 Lae Drive, Coombabah QLD 4216
166 Lae Drive, Coombabah QLD 4216
747m² block | four bedrooms two baths | solar and ducted air | Coombabah family pocket
The property sits on a full 747m² block in a tightly held pocket of Coombabah, which itself has an 85% owner-occupier rate and low turnover. That land size, combined with a lowset four-bedroom layout and two separate living areas plus a Florida room, gives a buyer genuine configuration edge over newer infill product on smaller lots. The solar panels, ducted cooling and heating, and reliable NBN are supporting rather than primary value drivers, but they reduce ongoing cost and improve tenant or family appeal. This house best suits a family buyer looking for a long-term home in a strong school catchment, or an investor seeking stable demand from owner-occupiers rather than transient renters.
The main risk is the energy efficiency rating of zero out of ten, which may indicate poor insulation or older glazing and will raise utility bills despite the solar panels. The conflicting building sizes-327m² versus 216m²-must be resolved before any offer, as the smaller figure would reduce perceived value and financing tolerance. No flood or bushfire overlay is detected, which is a genuine positive for insurance and peace of mind. A buyer should treat this as a hold-and-improve property: the land is the enduring value, and any capital spent on upgrading the building envelope or energy performance will be recovered at sale.
Detailed Independent Property Report prepared by PropCred Analyst team for 166 Lae Drive, Coombabah QLD 4216
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Coombabah is a suburb with a mature demographic profile, attracting established buyers seeking a stable lifestyle. Demand is driven by downsizers and childless couples, reflected in strong price growth across both houses and units, though apartment performance shows notable volatility. The market is active, with properties transacting relatively quickly, supported by solid rental yields. Future growth will depend on its appeal to this core demographic, but investors should note the divergent trends between housing types.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
4
Land
747m²
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