216/21 Gracemere Boulevard, Peregian Springs QLD 4573

Compact 1-bed unit in retirement village | Overlooking bowling green | Aveo-managed independent living | Near Peregian Beach and Noosa This unit offers a rare configuration for downsizers seeking an affordable lock-and-leave within a managed retirement community. The private balcony overlooking the bowling green is a distinctive feature that supports social connection and passive surveillance, strengthening its appeal to active seniors. The open-plan layout and separate bathroom with laundry are practical for independent living, and the village’s facilities—pool, clubhouse, community bus—reduce the need for car reliance. Proximity to Peregian Springs Golf Club and medical services positions it well for buyers prioritising lifestyle and convenience over space. The primary risk is the gap between the listing price and Domain’s estimated value, which may indicate a need for price negotiation or reflect limited recent sales evidence. The 2016 sale price of $187,000 shows strong capital growth, but future appreciation depends on village management and resale restrictions typical of retirement living. The compact 49-square-metre footprint limits appeal to couples or those needing extra room. Buyers should verify village entry and exit fees, as these can affect net returns. Hold this property for personal use as a low-maintenance lifestyle base rather than expecting strong investment yield.