38/80 Moolyyir Street, Urangan QLD 4655

38/80 Moolyyir Street, Urangan QLD 4655
4-bedroom townhouse, Urangan | 251sqm internal, rare for townhouse | renovated, ready to occupy | not currently listed, off-market potential This property presents a compelling buying case primarily due to its internal floor area. At 251 square metres, the townhouse offers a footprint that competes with detached houses in the Urangan market, which is uncommon for strata-titled stock. The four-bedroom, three-bathroom configuration, combined with the recent renovation, means a buyer can avoid immediate capital expenditure on upgrades. For a family or an investor targeting the upper end of the rental demographic, this property provides a ready-to-occupy solution in a coastal corridor where well-finished, larger townhouses are infrequently offered. The two car spaces further strengthen its position against newer, smaller developments. The primary risk is the land size, which is modest and limits future subdivision or significant structural expansion. This constrains long-term capital growth to market appreciation rather than land banking. However, the opportunity lies in the property’s off-market status; a buyer who can negotiate directly without competitive bidding may capture value below replacement cost. The renovation quality should be verified for compliance, as cosmetic updates can mask underlying issues. For a buyer, this townhouse functions best as a hold-and-rent or a low-maintenance family home, where the internal space provides immediate utility and the location supports steady demand from the Urangan rental pool.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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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.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

2

Land

100mยฒ

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