259/39 Wearing Road, Bargara QLD 4670
259/39 Wearing Road, Bargara QLD 4670
2-bed retirement unit | two bathrooms two cars | downsizer-focused Bargara estate | no flood overlay noted | limited comparable sales evidence
This property is configured as a two-bedroom, two-bathroom retirement unit with two car spaces, a layout that aligns closely with what downsizers and age-restricted buyers in Bargara typically seek. Located within a dedicated retirement living estate on Wearing Road, the unit benefits from a managed community setting that appeals specifically to those transitioning from larger family homes. The configuration is more amenity-rich than basic unit stock, offering a practical balance of space and low-maintenance living, though it is less expansive than the three-bedroom retirement dwellings also found in the same complex. The absence of bushfire, flood, or heritage overlays on the broader parcel adds a layer of reassurance for buyers focused on safety and insurability.
The value of this unit may be influenced by the limited volume of settled comparable sales within the immediate estate, making price formation less transparent than in more actively traded markets. The property’s age-restricted status narrows the buyer pool to retirees and downsizers, which could affect how quickly it sells compared to unrestricted homes. Buyers should also weigh whether the finishes, floor level, and orientation of this particular unit align with their expectations, as these details are not yet confirmed but can meaningfully affect perceived value in a retirement setting.
Detailed Independent Property Report prepared by PropCred Analyst team for 259/39 Wearing Road, Bargara QLD 4670
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Bargara is a coastal lifestyle suburb attracting professional buyers, evidenced by robust sales (193 houses) and high regional search demand. House prices, around $870k, have grown 6-9% annually, with units at $620k seeing 4-7% growth, reflecting strong market conditions. Future growth is supported by high rental demand, though a significant supply pipeline and price points above the regional median present affordability and oversupply risks.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
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