305/23 Kombi Street, Bokarina QLD 4575
305/23 Kombi Street, Bokarina QLD 4575
Resort-style complex | 117sqm internal | quiet position | only one common wall
This unit offers an unusual combination of generous internal space and privacy within a resort setting, making it a strong option for owner-occupiers seeking a permanent coastal home rather than a pure investment play. The 117-square-metre floorplan is well above typical two-bedroom apartments in Bokarina, and having only one shared wall reduces noise and improves liveability. The property sits within the Kawana Waters State College catchment, which adds appeal for families or downsizers who want school proximity without sacrificing low-maintenance living. The two car spaces are a practical advantage in a complex where parking can be tight.
The main risk is that the current asking price sits well above recent comparable sales and all available estimates, which means the buyer is paying a premium for the larger floorplan and resort feel rather than for location or scarcity. The 2025 sale at $870,000 sets a clear recent benchmark, and the gap to the current list price is wide enough to suggest negotiation room. Rental yield at $830 per week is modest relative to the price, so an investor would need to bank on capital growth rather than cash flow. The block size and lot area are not unusual for the complex, so no redevelopment upside exists. Hold this property as a long-term home or hold firm on price and walk if the vendor wonโt meet the market.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Bokarina is a high-income, family-oriented coastal suburb positioned for sustained growth, driven by strong interstate migration and a professional demographic. Recent house price growth has been robust, supported by exceptionally low vacancy rates and a competitive market with severe supply constraints. Future catalysts include major infrastructure projects and the 2032 Olympic effect, though affordability pressures and limited stock present ongoing challenges for buyers.