23 Boundary Street, Currumbin Waters QLD 4223

23 Boundary Street, Currumbin Waters QLD 4223
Flood overlay present | High-density 75% coverage | Self-contained guest accommodation | Proximity to schools | Recently updated This property presents a strong functional offering for a multi-generational or income-supporting buyer, given its self-contained guest accommodation and high-quality inclusions like solar and a pool. Its smaller lot size is offset by an efficient building footprint, positioning it above typical suburban stock through added utility and modern finishes. The property best serves a buyer seeking both lifestyle and pragmatic rental assistance within a tight school catchment. The primary risk is the flood overlay, which necessitates insurance due diligence and may affect long-term capital stability. The high building coverage limits expansion but reflects a maximized asset use. Given the implied rental yield, this property should be acquired with the intent to hold and utilize its dual-living function, treating the guest suite as a yield supplement to offset holding costs while benefiting from the established location.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Currumbin Waters is a high-demand, family-oriented suburb where established homes are transacting swiftly, indicating strong underlying demand from owner-occupiers. This is driven by its low-density residential character, appealing to couples with children seeking a settled environment. The market demonstrates robust price appreciation across both houses and units, with properties selling significantly faster than nearby areas. Future growth is supported by this sustained buyer activity, though the limited current supply for sale and rent presents a key constraint on availability.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

3

Land

405mΒ²

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