2/102 Kangaroo Avenue, Coombabah QLD 4216
2/102 Kangaroo Avenue, Coombabah QLD 4216
Semi-detached 3-bed duplex | 346 sqm low-set | solar panels | bushfire overlay | strong owner-occupier appeal
This duplex is positioned as a practical low-maintenance home within Coombabah’s low-rise housing market. Its 346-square-metre lot is seen as generous for duplex product, providing ground-level privacy without detached-house upkeep. Solar panels are fitted as a utility advantage. The three-bedroom, two-bathroom layout is designed for downsizers and small families. Proximity to native reserves and schooling is regarded as a strong draw. Despite a known bushfire overlay, the low elevation and lack of flood detection make environmental risk relatively manageable. This property is best suited to an owner-occupier seeking an energy-efficient home or an investor wanting stable rental demand.
The bushfire overlay may influence insurance premiums and buyer caution, although no other environmental overlay has been identified. Internal finish condition and recent renovations might be considered the largest price swing factor. Proximity to transport and shopping is thought to support consistent rental appeal. Potential policy adjustments and council constraints should be weighed by buyers. The property’s modest elevation may not raise flood risk, but verification of local drainage history is recommended.
>> Comparable Sales: 20/53-57 Kangaroo Avenue, $460,000 (2-bed duplex) | Property Price Band: $900K-$1M | Value Drivers: land size, solar panels, condition
Detailed Independent Property Report prepared by PropCred Analyst team for 2/102 Kangaroo Avenue, Coombabah QLD 4216
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
✕
2
Execution Risk
✓
Market Insight
Coombabah is a mature, low-turnover market shaped by high outright ownership and an older demographic. The median house price is $1,045,000, up 10% annually, though cross-source estimates range from $925,000 to $958,500. Units hold a $765,000 median, with annual growth between 13.3% and 19.5%. Houses sit 17 to 59 days on market, with gross rental yields of 4.0–4.56% for houses and 3.9–5.18% for units. Median weekly rents are $750–$790 for houses and $740–$750 for units. Demand is anchored by residents aged over 55 (46%), outright owners (41%) and childless couples (49%), favouring stable, income-focused property.