4/3 Enid Avenue, Southport QLD 4215

4/3 Enid Avenue, Southport QLD 4215
Modern townhouse | quiet Southport pocket | 3-bed 2-bath with courtyard | strong rental demand near beach and schools This property offers a rare combination of modern finishes and practical layout in a tightly held Southport location. The open-plan living with travertine flooring and private courtyard gives it a premium feel that stands out against older stock in the area. For a buyer seeking a low-maintenance home or investment, the configurationโ€”three bedrooms, two bathrooms, two car spacesโ€”aligns well with what families and professionals want. The lack of flood or bushfire overlays reduces insurance and peace-of-mind costs, and the proximity to Southport State School and Keebra Park State High School adds tenant appeal. It serves best as a solid hold for an owner-occupier or a landlord targeting consistent rental income near the Gold Coast’s core. The main risk here is the price point relative to the 133mยฒ lot sizeโ€”townhouses on small land parcels can face slower capital growth compared to houses on larger blocks. The 7 days on market suggests early interest, but buyers should verify if the $1.11โ€“$1.18 million range reflects recent sales of comparable townhouses, not just detached homes. The rental estimate of $925 per week is achievable but may require minor upgrades to hit the high end. A buyer could negotiate on price using the small land area as leverage, then hold for steady yield and moderate appreciation. This property works best as a long-term hold rather than a quick flip.

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

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Market Insight:

Southport is a key Gold Coast business hub, with demand driven by young professionals and constrained housing supply. House prices have surged (up ~18% annually), with a severe shortage of new stock against strong sales. Units offer more supply and higher yields (~5%), serving as an affordable coastal entry point. Future growth is anchored by the expanding Health & Knowledge Precinct, though house affordability remains a key constraint.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

133mยฒ

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