5/9 Border Drive N, Currumbin Waters QLD 4223
5/9 Border Drive N, Currumbin Waters QLD 4223
Townhouse, 174sqm, 2020 build | Quiet complex, 90% owner-occupied | Near Currumbin beach, parklands | Study nook, master ensuite, open-plan living
This townhouse offers a rare combination of generous internal space and low-maintenance living in a complex where 90% of residents are owners, indicating a stable and well-kept environment. The 174sqm floorplan with a study nook and private outdoor area suits downsizers or professionals who value room to spread out without land upkeep. Being a 2020 build, it avoids the maintenance risks of older stock while sitting close to Currumbin beach and parklands, which strengthens its appeal to owner-occupiers seeking lifestyle convenience.
The main risk is the 104sqm land component, which limits future subdivision potential and means capital growth will track the broader townhouse market rather than land-banked houses. The current asking price sits below the estimated $1.4 million value, offering a potential entry discount if the seller is motivated. This property is best held as a long-term owner-occupied home or a low-hassle rental, with the stable owner profile supporting steady demand.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 5/9 Border Drive N, Currumbin Waters QLD 4223
Market Insight:
Currumbin Waters is a high-demand, family-oriented suburb where established homes are transacting swiftly, indicating strong underlying demand from owner-occupiers. This is driven by its low-density residential character, appealing to couples with children seeking a settled environment. The market demonstrates robust price appreciation across both houses and units, with properties selling significantly faster than nearby areas. Future growth is supported by this sustained buyer activity, though the limited current supply for sale and rent presents a key constraint on availability.