4 Allinga Street, Coombabah QLD 4216

4 Allinga Street, Coombabah QLD 4216
Free-standing house on 506m² level block | Large shed with 3-phase power | Quiet cul-de-sac near water | Bedroom count discrepancy between sources. This property presents a compelling proposition based on its underlying land utility and location within a prime, quiet street. The 506 square metre level block with large side access and a substantial shed equipped with three-phase power creates immediate functional value, distinguishing it from typical housing stock in the area. This configuration is competitively strong for buyers seeking space for vehicles, a workshop, or future expansion such as a pool, directly serving tradespeople, boating enthusiasts, or families requiring flexible outdoor space. Its position in a no-through road, a short stroll to the water, reinforces a premium neighbourhood character that aligns with long-term capital stability, best serving owner-occupiers who value privacy and amenity proximity over transient design trends. Proceed with due diligence focused on verifying the true bedroom configuration, as conflicting sources introduce a valuation risk; a two-bedroom layout may limit its resale pool compared to a three-bedroom home, impacting future liquidity. The commercial logic lies in leveraging the shed’s commercial-grade power and the flat, usable land to support a home business or significant asset storage, offsetting any premium paid. Given the recent renovations and the scarcity of free-standing houses on large blocks in this specific location, the property justifies a hold strategy for an owner-occupier to capitalise on its liveability and land value, rather than a short-term investment play. Recent comparable sales activity in Coombabah includes properties at 2/92 Kangaroo Avenue, 50 Allinga Street, 120/125 Hansford Road, 1 Tranter Place, 13 Hansford Road, 9 Angelo Avenue, 16 Siena Place, 41/1 Manacor Place, 208 Oxley Drive, 6 Pedder Place, 19 Ballard Place, 4 Nalkari Street, 1/9 Riccarton Place Labrador, 34 Cartagena Lane, 2/10 Nankeen Avenue Paradise Point, 24 Wendoree Way, 1/7 Marsupial Drive, and 224 Oxley Drive. While specific prices are unavailable, this volume of recent sales indicates an active local market, providing a solid basis for comparative appraisal. This activity supports the credibility of the listed estimated value, suggesting the subject property’s large block and unique features must be benchmarked against this recent turnover to assess its competitive pricing.

Market Insight:

Coombabah is a suburb with a mature demographic profile, attracting established buyers seeking a stable lifestyle. Demand is driven by downsizers and childless couples, reflected in strong price growth across both houses and units, though apartment performance shows notable volatility. The market is active, with properties transacting relatively quickly, supported by solid rental yields. Future growth will depend on its appeal to this core demographic, but investors should note the divergent trends between housing types.

PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

506m²

Built

Recent Assessments