4 Corella Way, Blacks Beach QLD 4740
4 Corella Way, Blacks Beach QLD 4740
4 Corella Way | Blacks Beach | 3-min beach walk | 544sqm wide frontage | family demand zone
This property occupies a rare position in Blacks Beach: a low-set brick house on a 544-square-metre block with a wide frontage, built in 2007 and located a three-minute walk from the beach. The configuration—four bedrooms, two bathrooms, an in-ground pool, and an open-plan interior—directly matches the preferences of the family buyer segment that dominates this suburb, where 70 percent of residents are long-term and the median days on market for four-bedroom houses is just 16. For a buyer seeking immediate liveability in a stable, beach-proximate environment, this house offers a turnkey solution with no deferred maintenance evident, and the wide frontage provides practical advantages for vehicle storage and outdoor entertaining that are uncommon in this price bracket.
The bushfire overlay flagged on the title is the primary risk and warrants a council enquiry before commitment, though it does not appear to have suppressed market activity given the listing price sits above the suburb median. The absence of flood or heritage overlays reduces complexity, and the property’s 2007 construction date means it avoids the compliance and efficiency issues of older stock. For an owner-occupier family, the value lies in securing a well-configured house in a tightly held street—Corella Way has only 51 properties—where turnover is low and beach proximity is a structural demand driver. Investors should note the estimated rental yield is below 4.5 percent, making this a capital growth play rather than a cash-flow property.
Detailed Independent Property Report prepared by PropCred Analyst team for 4 Corella Way, Blacks Beach QLD 4740
Checks found:
Value Risk
✕
2
Liquidity Risk
✓
Planning Risk
✓
Income Risk
✕
2
Execution Risk
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1
Blacks Beach QLD 4740
Blacks Beach is a coastal suburb with a robust property market, primarily driven by families and investors seeking its lifestyle appeal and strong rental demand. Recent house price growth has been exceptionally strong, reflecting a competitive market with low inventory. Future growth is underpinned by sustained demand for coastal living and investment properties, though this very competition and limited supply present a key constraint for prospective buyers.