3 Tannen Court Urangan QLD 4655
3 Tannen Court Urangan QLD 4655
3 Tannen Court, Urangan | 647mยฒ low-maintenance block | 500m to Marina & Esplanade | 4 car spaces for boat or caravan
This property occupies a rare position in Uranganโs hidden pocket, where walkability to the Marina and top restaurants meets a low-maintenance 647mยฒ blockโuncommon at this price point. The four car spaces directly serve owners with a boat or multiple vehicles, a configuration that narrows competition to a specific, motivated buyer pool. For a downsizer or semi-retired couple seeking lock-up-and-go living with immediate coastal amenity, this house offers a tighter value proposition than nearby newer builds on smaller lots.
The primary risk is the 2023 purchase price; if bought near the peak, the current $1.02mโ$1.34m range suggests limited short-term equity growth. Buyers should negotiate hard toward the lower end, as the four-day market time indicates no bidding pressure. The opportunity lies in holding for 5โ7 years: Uranganโs Marina precinct is under-supplied for this product type, and FTTP connectivity adds a remote-work buffer. Use this as a permanent residence or a low-hassle holiday baseโdo not expect flipping gains.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Urangan’s property market is characterised by strong house price growth, with median values between $725k and $763k and annual gains of 7.7% to 16.95%, indicating robust demand. This demand is primarily driven by the rental market, where weekly rents for houses have increased by up to 8.3%, reflecting high tenant competition. However, a key constraint is emerging buyer caution, evidenced by houses taking 21 to 63 days to sell, suggesting a more measured market pace despite the upward price momentum.