2/25 Bundock Street, Belgian Gardens QLD 4810
2/25 Bundock Street, Belgian Gardens QLD 4810
2-bed flat, Belgian Gardens | 89m², large balcony, secure parking | walking distance to Strand, shops, schools | flood overlay present
This property occupies a compact but well-configured footprint in a suburb with 44.6% growth, making it a strong entry point for a buyer seeking low-maintenance coastal living with rental upside. The large balcony and secure parking with storage are rare in this price bracket, and the internal laundry and air conditioning reduce tenant churn. It suits first-home buyers or investors targeting the $400–$495 weekly rental band, where demand is solid. The recent sale of Unit 3/25 for $351,000 in 2024, after significant capital growth from $140,000 in 2018, signals that similar units in this complex can appreciate well when held.
The flood overlay is the primary risk, and it may affect insurance premiums and resale liquidity, so a building inspection and flood report are essential before proceeding. The lack of recent sales for this specific unit means pricing relies on comparable data, but the $370,000–$460,000 estimated range offers a negotiating window if the overlay deters other buyers. For an investor, the 4.3% yield is reasonable for the area, and the property’s proximity to The Strand supports long-term demand. Hold this unit for at least five years to ride out market cycles and capitalise on suburb growth.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/25 Bundock Street, Belgian Gardens QLD 4810
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Belgian Gardens presents a stable, mature market with a demographic skew towards established, higher-income residents. This profile underpins demand, though current conditions indicate a notable shift towards a buyer’s market with softening sentiment. Recent price growth has been strong, particularly for units, yet emerging risks include a significant disconnect between buyer and seller expectations, suggesting potential price adjustments ahead. Future performance will hinge on broader economic factors influencing affordability and the resolution of this demand-supply imbalance.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
89m²
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