38 Longland Street, Cleveland QLD 4163

38 Longland Street, Cleveland QLD 4163
Oyster Point precinct | 2013 build with pool | 4 bedrooms, study | 508sqm low-risk lot This property occupies a rare position in a tightly held coastal precinct, where modern construction from 2013 eliminates many legacy maintenance risks while delivering a functional family layout. The in-ground pool, outdoor entertainment area, and orientation for bay breezes create a lifestyle package that commands premium rental demand and owner-occupier interest. For a buyer seeking a low-maintenance executive home with strong school catchment access, the combination of four bedrooms, separate study, and three air-conditioned rooms offers genuine competitive edge in this price segment. The absence of flood, bushfire, or heritage overlays further strengthens its appeal as a long-term hold. The primary risk is that the building size range of 202-251 square metres may feel constrained compared to newer builds on similar land, and the 40% site coverage limits future expansion. However, the property’s rental yield potential at approximately $1,065 per week provides a solid buffer for buyers who may need to hold before occupying. The 2015 purchase history suggests limited recent turnover, which can indicate either strong owner attachment or a market that has not been tested at current levels. Buyers should verify the exact internal floor area and confirm NBN HFC performance, though connectivity is not a prime value driver. This property is best held as a family home with optional rental income, or as a core holding in a diversified residential portfolio targeting stable coastal demand.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 38 Longland Street, Cleveland QLD 4163
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Market Insight:

Cleveland is a mature, owner-occupied suburb with a professional demographic, positioned as a relatively affordable coastal alternative for interstate buyers from Sydney and Melbourne. This migration, alongside low inventory, is driving strong demand, evidenced by houses selling in approximately 24 days. Recent annual price growth is robust, ranging from 10.6% to 18.1% for houses, supported by very low vacancy rates and solid rental yields. Future growth is underpinned by Southeast Queensland’s infrastructure pipeline, including the 2032 Olympics, though key constraints are acute supply shortages and affordability pressures from significant price appreciation and higher interest rates.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

508mยฒ

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