2/3 Bass Court Banksia Beach QLD 4507

2/3 Bass Court Banksia Beach QLD 4507
3 bed duplex unit on 504m²|Listed $899k|Last sold $400k in 2021|Est rent $745pw | This three-bedroom duplex unit on a 504sqm lot suits downsizers or small families valuing low-maintenance living near school catchments. Positioned at the rear of a quiet court duplex, it delivers practical separation from street traffic while sharing just one common wall. The generous 504sqm land with three car spaces and fully fenced yard offers usable outdoor space uncommon in apartment-style units. Flood overlay noted, yet its school zones for Banksia Beach State and Bribie Island High draw families prioritizing education access. Buyers here typically include retirees seeking secure parking and NBN connectivity without high upkeep. Similar rear duplex units have seen strong appreciation, doubling from the 2021 sale amid regional demand. Its rear position enhances privacy, appealing to long-term holders avoiding front-road noise. With features like ducted cooling and multiple living areas, it supports versatile use from family base to rental income. Market positioning reflects steady growth for spacious units in this pocket, holding value through lifestyle utility over flash appeal.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/3 Bass Court Banksia Beach QLD 4507
Checks found:
Value Risk ! 1
Liquidity Risk
Planning Risk
Income Risk ! 1
Execution Risk 2
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Market Insight

Banksia Beach is attracting lifestyle and owner-occupier buyers seeking coastal living and relative affordability, with tight listings and low vacancy supporting competition for stock. Risks include coastal erosion and planning constraints, though recent government investment and foreshore protection works mitigate downside and improve long-term resilience. Prices have remained firm over the past six months, building on the suburb’s strong double?digit annual gains.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

3

Land

504m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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