36/14-24 Elma Street, Cooee Bay QLD 4703
36/14-24 Elma Street, Cooee Bay QLD 4703
2 bed unit | compact 127m² lot | new kitchen | two courtyards | coastal Cooee Bay
This is a compact two-bedroom unit on a small 127–129m² lot, finished with a brand new kitchen, ceiling fans, and built-in wardrobes. Its two private courtyards are a rare outdoor feature for this property type in Cooee Bay, making it well suited to owner-occupiers seeking low-maintenance coastal living, downsizers, or investors targeting entry-level units. The configuration is more apartment-like than typical detached housing, and the renovated kitchen adds immediate appeal in a market where affordability and proximity to the coast drive demand.
The known 2021 sale at $215,000 provides a price anchor, but the current asking level suggests significant market movement since then. The property’s value may be influenced by its small internal and land footprint, the lack of verified building age or renovation scope beyond the kitchen, and the absence of confirmed strata fees or complex amenities. Buyers should weigh these factors carefully when forming a view on price, as the outdoor courtyards are a clear strength but the unit’s age and condition beyond the kitchen remain unverified.
Detailed Independent Property Report prepared by PropCred Analyst team for 36/14-24 Elma Street, Cooee Bay QLD 4703
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
This suburb presents a compelling entry point for buyers, with a clear premium for houses over units. Demand is robust, evidenced by rapid sales and strong annual price growth across both property types. This momentum is supported by solid rental yields, indicating healthy investor and occupier interest. Future performance will hinge on the continuation of these demand drivers against broader economic sensitivities.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
127m²
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