2212/1-7 Waterford Court, Bundall QLD 4217
2212/1-7 Waterford Court, Bundall QLD 4217
Modern two-bedroom unit in resort-style Bundall complex | north-facing balcony overlooking pool | pet-friendly complex with low body corporate fees | strong rental demand for owner-investor crossover.
This property offers a practical layout with open-plan living and a master bedroom walk-in robe, situated within a well-maintained complex that includes a pool, gym, and café. Its location in Bundall provides access to Bellevue Park State School and Keebra Park State High School, making it suitable for owner-occupiers seeking convenience or investors targeting steady rental income. The north-facing balcony and pet-friendly policy add genuine appeal in a market where such features are limited, supporting consistent demand for similar units.
The main constraint is the flood overlay detected on the land, which requires verification of insurance costs and any historical impact. Body corporate fees are cited as low but need confirmation, and the exact car parking entitlement is inconsistent across sources, with one listing suggesting two spaces. Until the flood risk is clarified and the true internal size is verified from the strata plan, confidence in the property’s long-term suitability remains unresolved.
Detailed Independent Property Report prepared by PropCred Analyst team for 2212/1-7 Waterford Court, Bundall QLD 4217
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
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Market Insight
Bundall is a high-value Gold Coast suburb, evidenced by a median house price exceeding $2.1 million. Demand is driven by mid-to-upper income buyers, with strong activity for family-sized homes. The market is active, with houses selling in a median of 36 days and showing robust annual growth, up to 14.3% for houses and 14.11% for units. Future growth is supported by this sustained demand, though the premium price point presents a key affordability constraint for entry.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
84m²
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