26 Santabelle Cres Clear Island Waters QLD 4226

26 Santabelle Cres Clear Island Waters QLD 4226
Waterfront | 841mยฒ land | 358mยฒ build | 180-degree views | best-value positioning in Clear Island Waters This property offers a rare configuration advantage: a full-size waterfront block with a substantial house at 43% site coverage, which is difficult to find in this suburb. The 180-degree wide water views and secluded setting behind high block walls create a private, premium position that typically commands a price premium over standard canal lots. For a buyer seeking a family home with strong rental potential, the dual income stream from a 4-bed layout with study and pool supports a buy-and-hold strategy. The property serves best an owner-occupier or investor targeting the over-60 demographic that dominates the suburb, where 85% of neighbours are owner-occupiers, reducing turnover risk. The primary risk is the flood overlay, which may increase insurance costs and limit some buyers’ financing options. Build year discrepancies between 1988 and 1992 suggest possible unapproved renovations or record errors, requiring a building inspection to confirm structural integrity. The property sits in a quiet street with low turnover, meaning resale liquidity is lower than in higher-churn areas. However, the median price of $2.2 million for 4-bed houses in Clear Island Waters, combined with only 30 sales this year, indicates a tight market where well-priced waterfront stock moves quickly. Hold this property as a long-term waterfront family home or rent it out to capture the $1,590 weekly income, leveraging the NBN Fibre to Premises for remote workers.

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

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Market Insight:

Clear Island Waters is positioned as a premium Gold Coast suburb, evidenced by its high median house price. Demand is driven by sustained buyer activity, with strong recent sales volumes indicating robust market interest. House prices have experienced significant annual growth, while the unit market also shows solid appreciation. The market is characterised by relatively swift sales, with houses spending a median of just over a month on market. Future growth is supported by this high demand against a backdrop of limited current listings, though the primary constraint remains high affordability barriers for entry-level buyers.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

3

Land

841mยฒ

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