23 Cockatoo Circuit, Douglas QLD 4814
23 Cockatoo Circuit, Douglas QLD 4814
Corner block with pool and patio | family floorplan with separation | Douglas demand near uni and hospital | built-in robes and solar
The property’s corner position with double gate side access and a fully enclosed undercover patio creates a rare configuration for families wanting both privacy and entertaining space. The separate front living area and open-plan rear give functional separation, which is competitively strong for buyers with children or those working from home. It is best suited to a family seeking a low-maintenance house in a high-demand suburb close to James Cook University and the hospital, where rental yields of $620 to $750 per week support owner-occupiers and investors alike.
The main risk is the discrepancy in built area estimates of 252m² versus 158m², which may affect financing or insurance valuations and should be verified with a physical measure. The property has been on market only seven days, suggesting limited price softening so far, but the search band of $849k to $891k aligns closely with current valuations, leaving little negotiation room for a buyer. The opportunity lies in the inground pool and established gardens, which are uncommon on corner blocks in this price range and add lifestyle appeal that can shorten holding periods.
Detailed Independent Property Report prepared by PropCred Analyst team for 23 Cockatoo Circuit, Douglas QLD 4814
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
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Market Insight
Douglas presents a compelling, high-growth market with a distinct demographic skew towards young professionals. Demand is strong and resilient, rebounding swiftly post-seasonal lulls, which is reflected in exceptionally rapid sales for houses. This dynamic suggests a robust and competitive market environment. Future growth appears underpinned by this sustained demand, though the divergence between strong house performance and softer unit performance indicates a market with segmented risk.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
541m²
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