31 Clives Circuit, Currumbin Waters QLD 4223
31 Clives Circuit, Currumbin Waters QLD 4223
Flat 680sqm block with saltwater pool | Dual living zones plus covered alfresco | 80% long-term owner-occupier suburb | School catchment for Currumbin State and Palm Beach-Currumbin High
This property presents a rare configuration advantage for a single-level house on a flat 680sqm block within a suburb where 80% of residents have lived five years or more, indicating strong community stability and low turnover. The dual living spaces, with one area suitable as a home office or study nook, directly address the post-pandemic preference for flexible floorplans, while the saltwater pool and two outdoor entertaining zones create a lifestyle package that typically commands a premium in the 40-59 age bracket, which makes up 22% of the local demographic. The renovated master ensuite and main bathroom reduce immediate capital outlay, and the kitchen’s potential for open-plan renovation offers a clear value-add pathway for a buyer willing to invest in cosmetic upgrades.
The primary risk is the 2016 sales history, which means the property may carry a cost base that does not reflect current market conditions, potentially limiting short-term equity growth in a suburb with a 59% auction clearance rate and 14-day average days on market. The 32% population aged over 60 suggests future supply may increase as this cohort downsizes, which could soften demand for single-level houses over a five-year horizon. However, the flat block and school catchment for two government schools provide enduring appeal for families, and the absence of scheduled inspections indicates the agent may be testing price discovery. For a buyer seeking a hold-and-improve strategy, the kitchen renovation and potential open-plan reconfiguration represent the most commercially logical path to lift the property’s position in the median $1.235m segment.
Detailed Independent Property Report prepared by PropCred Analyst team for 31 Clives Circuit, Currumbin Waters QLD 4223
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Currumbin Waters is a high-demand, family-oriented suburb where established homes are transacting swiftly, indicating strong underlying demand from owner-occupiers. This is driven by its low-density residential character, appealing to couples with children seeking a settled environment. The market demonstrates robust price appreciation across both houses and units, with properties selling significantly faster than nearby areas. Future growth is supported by this sustained buyer activity, though the limited current supply for sale and rent presents a key constraint on availability.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
680m²
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