45 Charolais Cres, Benowa QLD 4217
45 Charolais Cres, Benowa QLD 4217
Corner block, single-level, fully renovated | 966sqm Benowa Waters, 373sqm internal | Four bed, three bath, pool, solar | Designer kitchen, premium finishes, indoor-outdoor flow
This property presents a rare combination of scale and finish on the Gold Coast: a fully renovated single-level home on a substantial 966sqm corner lot with 373sqm of internal space. The 1988 build has been comprehensively updated with a designer kitchen, marble surfaces, and premium appliances, while the pool and solar panels add functional value. For a buyer seeking a turnkey family house in a sought-after school catchment, this eliminates the cost and risk of renovation. Its positioning in Benowa Waters, with no flood or heritage overlays, makes it a low-risk hold in a tightly held enclave. The property suits families prioritising space, privacy, and immediate occupancy over proximity to the beach.
The primary risk is the building size discrepancy between sources, which may affect valuation or insurance โ a floor plan verification is advised before bidding. The corner block offers potential for future subdivision or dual-living configuration, though current zoning restricts this without council approval. The 2024 sale history provides no price anchor, so buyers should rely on the estimated $2.4M value and rental income of $2,000โ$2,295 per week as benchmarks. For a buyer, this property works best as a long-term family home with strong rental upside if circumstances change. Hold for capital growth in a low-supply suburb, or rent to capture premium yields.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Benowa is a well-established, high-ownership suburb on the Gold Coast, characterised by professional families. Demand is driven by this demographic seeking quality education and a transition from its rural past to a sought-after residential locale. The market demonstrates solid growth, with median house prices around $1.75M and units near $920K, both showing consistent annual appreciation. Units offer stronger rental yields above 4%. Future drivers include its enduring appeal to owner-occupiers, though affordability pressures and mortgage sensitivity present key constraints in the current climate.