38 Wilfred Street, Bargara QLD 4670

38 Wilfred Street, Bargara QLD 4670
Low-set brick house | 606mยฒ coastal lot | Updated interiors | Leased until 2027 | Walk-to-beach position This is a freshly updated brick house on a solid 606mยฒ lot in one of Bargara’s established coastal pockets, which is a configuration that has become increasingly rare as new development shifts toward apartments and townhouses. The low-set single-level layout with three bedrooms and one bathroom serves downsizers and investors particularly well, offering easy living without stairs or excessive upkeep. The secure lease through to February 2027 is a genuine advantage for those seeking immediate rental income, as it removes vacancy risk and provides predictable cashflow from day one. The large entertaining deck adds practical outdoor space that complements the coastal lifestyle positioning. The 3-1-1 layout may limit appeal for families who prefer a second bathroom or larger floorplan, and the updated condition while positive means the premium for renovations has already been priced in. Without confirmed build year or detailed finish specifications, a buyer should factor in potential for older construction standards in areas like insulation or wiring. The property sits in a competitive price bracket where newer homes or those with more bathrooms could offer stronger resale appeal down the track, so the land component and rental security become the primary value drivers here.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 38 Wilfred Street, Bargara QLD 4670
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Market Insight:

Bargara is a coastal lifestyle suburb attracting professional buyers, evidenced by robust sales (193 houses) and high regional search demand. House prices, around $870k, have grown 6-9% annually, with units at $620k seeing 4-7% growth, reflecting strong market conditions. Future growth is supported by high rental demand, though a significant supply pipeline and price points above the regional median present affordability and oversupply risks.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

606mยฒ

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