2 Peggy Drive, Coral Cove QLD 4670

2 Peggy Drive, Coral Cove QLD 4670
4-bedroom modern house on 984 m² | steel-frame construction with ducted air-conditioning | larger-than-local landholding in coastal Coral Cove | suited to family owner-occupiers seeking space This property’s competitive strength lies in its combination of a substantial 984 m² allotment and a modern steel-frame home with plantation shutters, zoned ducted air-conditioning, and an open-plan kitchen, dining, and lounge layout. Within Coral Cove, where other homes sit on smaller lots, this landholding is notably generous, offering a low-density coastal setting that appeals primarily to family owner-occupiers or downsizers wanting single-level living with yard space. The four-bedroom configuration, including a main bedroom with ensuite, reinforces its suitability for those prioritising space and contemporary finishes without the constraints of a smaller block. The property’s value may be influenced by the absence of verified details on aspect, elevation, or subdivision potential, which could affect its immediate appeal or future flexibility. While the home is described as modern, the lack of a precise build year means its age-related depreciation or maintenance profile remains uncertain. Buyers should weigh these factors against the strong land size and quality of internal finishes when forming a view on price, recognising that the property’s larger lot is a clear differentiator in this coastal suburb.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2 Peggy Drive, Coral Cove QLD 4670
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Market Insight:

Coral Cove is a premium coastal lifestyle market, with demand driven by established homeowners and older demographics seeking a sea-change. Recent price growth has been robust, supported by strong buyer activity within the broader regional momentum. The market is characterised by healthy sales volumes and relatively swift turnover for houses. Future growth is underpinned by its enduring lifestyle appeal, though the current environment shows an oversupply that requires realistic pricing from vendors, presenting a key constraint on near-term organic capital growth.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

984m²

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