5102/21 Ross Street, Benowa QLD 4217
5102/21 Ross Street, Benowa QLD 4217
3 bed 2 bath 2 car | near-new premium apartment | large balcony and study | strong owner-occupier appeal
This is a competitively strong apartment for Benowa, combining three bedrooms, two bathrooms, and two car spaces in a near-new building with resort-style amenities. Its open-plan layout, floor-to-ceiling windows, and private balcony create a feel closer to a house than a typical unit. The dedicated study nook and master ensuite add practical appeal for downsizers or professional couples. This property sits at the upper end of apartment configuration in the suburb, serving buyers who want low-maintenance living without sacrificing space or quality. Secure complex, pool, and gym further strengthen its position as owner-occupier stock rather than pure investment product.
The near-new build and larger format may support stronger resale demand compared to smaller units, but body corporate fees in such complexes might reduce net yield for investors. The apartment’s floor level is not specified, which could affect light, privacy, and balcony use. Being part of a strata scheme with shared land may limit future renovation flexibility. Buyers should weigh ongoing levies against the convenience of amenities. The property’s premium position in Benowa’s apartment market may also mean it competes more with houses than other units, narrowing the buyer pool slightly.
Detailed Independent Property Report prepared by PropCred Analyst team for 5102/21 Ross Street, Benowa QLD 4217
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
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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.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
1047m²
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