29 Tussock Cres, Elanora QLD 4221

Single-level park-facing home | 483m² lot with water views | 95% owner-occupied street | renovated condition ready to occupy The property’s primary buying case rests on its rare configuration: a single-level renovated house backing directly onto open parkland with water views, on a 483m² lot in a street where 95% of neighbours are owner-occupiers and 74% are long-term residents. For a buyer seeking immediate occupancy without further work, the renovation is complete, and the internal area of 232-246m² provides generous family space. The school catchment positioning within 0.7km of Tallebudgera State School and 1.8km of Elanora State High School strengthens its appeal to families, while the 60% auction clearance rate in Elanora suggests reasonable market depth. This property suits buyers who value lifestyle adjacency to parkland and walking trails over a premium address, and who want a low-maintenance single-level home in a stable neighbourhood. The key risk is the 2021 purchase price of $1,250,000, which may create a floor that limits short-term capital growth in a market with 32% of residents under 20 and 20% over 60—indicating a family-oriented but not high-appreciation demographic. The 2-4 parking spaces offer flexibility for multiple vehicles or a boat, but the lot size is modest for the area. For a buyer, the opportunity lies in securing a renovated home without renovation costs, then holding for 5-7 years as the street’s low turnover supports value stability. Use this property as a long-term family home or a low-management rental in a tight owner-occupier street.