41 Caretta Circuit, Toogoom QLD 4655
41 Caretta Circuit, Toogoom QLD 4655
2,015m² block | 15 parking spaces | coastal-lifestyle house | large-block rarity | multi-vehicle capacity
A genuinely rare configuration is offered by this house for a coastal suburb, with a very large allotment and unusually extensive parking provision combined. The 15 parking spaces are best understood as a property adapted for boats, caravans, trailers, or trade vehicles, which broadens its appeal well beyond a standard family home. The land size is placed in the lifestyle segment of the local market, where space and utility are valued over conventional suburban polish. A buyer is best served by this property when a single-level coastal retreat with room for recreational equipment is sought, or when a trade-based household requires secure off-street storage. The low-density coastal setting is seen as adding privacy and practical liveability.
Value may be influenced most directly by the condition and layout of the main house, as land and parking are already exceptional. A well-presented interior might justify a higher price, while dated finishes could temper enthusiasm. Ceilings, storage, and room sizes could matter. Value-add through shedding, landscaping, or a pool may be considered, subject to council requirements. Market timing may also play a role.
Detailed Independent Property Report prepared by PropCred Analyst team for 41 Caretta Circuit, Toogoom QLD 4655
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Toogoom, a coastal Hervey Bay suburb, is a tightly held market defined by older, outright-owning households: 57% of households are childless couples and 48% of residents are over 55. Demand is being driven by remote-work buyers seeking detached homes, strong inquiry, and easing interest rates, all against limited supply. Median house prices cluster between $730,000 and $828,000; annual growth estimates range from 9.5% to 20.2%. Houses typically sell in 35–65 days, and annual sales volumes remain thin at 39–80, reinforcing scarcity. Median rents are $600 weekly, gross yields sit at 3.6%–4.5%, and vacancy is 2%, signalling a tight rental market. Future growth is underpinned by limited new land releases and regional planning delays that constrain supply. Key risks are affordability pressures and persistent supply constraints.
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PropCred Estimated Value
Comparable Sales: 11 Lewis Court (land, 697m²) sold $235,000 | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, parking capacity, house condition
Bedrooms
4
Bathroom
2
Parking
10
Land
2015m²
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