27 Ballybunion Drive, Parkwood QLD 4214

27 Ballybunion Drive, Parkwood QLD 4214
6 bed, 2 bath house | 667mยฒ in Parkwood | Bushfire overlay detected | 65% owner-occupied street This property offers a rare configuration advantage: six bedrooms on a single level in a street where two-thirds of neighbours are owner-occupiers, indicating stable demand and low turnover risk. The 286mยฒ building footprint provides generous internal space, and the absence of flood overlay reduces insurance and resale friction. The house suits larger families or investors targeting the premium end of the rental market, where the $1,025โ€“$1,250 weekly range suggests strong income potential relative to the estimated value. The detected bushfire overlay introduces a specific cost: higher insurance premiums and potentially stricter lending criteria for some buyers, which may narrow the resale pool. However, this risk is partially offset by the property’s elevation at 21 metres and the fact that no flood overlay applies. The 2007 last sale date means the current owner has held through multiple cycles, so the price expectation may be anchored to older market conditions. Buyers should commission a building and pest report to verify structural condition given the holding period. To hold this property for capital growth, focus on the stable street character and school catchment demand; to use it, the six bedrooms allow for dual-income rental strategies or multigenerational living.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 27 Ballybunion Drive, Parkwood QLD 4214
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Market Insight:

Parkwood is a well-established Gold Coast suburb with a premium market position, supported by a growing, professional demographic. Demand is primarily driven by young professionals seeking family-oriented housing, reflected in consistent sales activity. Recent price trends indicate a robust and appreciating market with healthy capital growth. Future growth is underpinned by steady population increases, though limited stock and elevated pricing relative to the state average present constraints on affordability and supply.
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PropCred Estimated Value

Bedrooms

6

Bathroom

2

Parking

-

Land

667mยฒ

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