57 Dougan Street, Point Vernon QLD 4655
57 Dougan Street, Point Vernon QLD 4655
Modern coastal build | 4-bed family layout | 419m² compact block | Beachside estate setting | Newer stock appeal
This house sits in a pocket of Point Vernon where recent construction dominates the street character, and the immediate appeal is that you are buying into a finished, low-maintenance coastal product rather than a renovation project. The configuration—four bedrooms, multiple bathrooms, double garage—suits a family or a buyer seeking a lock-and-leave lifestyle within walking distance of the foreshore. The newer build quality, with stone benchtops, ducted air, and solar, places it above older housing stock in the suburb, and the compact lot size keeps upkeep minimal while still offering a fully fenced yard. The strongest buyer here is someone prioritising move-in readiness and coastal proximity over land area.
The value picture may hinge on how the compact land size compares to what you expect from a suburban block, and whether the street’s newer homes maintain their premium as more infill occurs. The property might appeal strongly to downsizers or investors, but the tight footprint could limit future extension options. Rental demand for modern four-bedroom homes in this area appears solid, which may support resale interest, though the smaller allotment could narrow the buyer pool compared to larger neighbouring sites.
|| Comparables: 53 Dougan Street sold $840K+ (2025 build) | 73 Dougan Street valued near $876K | Property Price Band: $800K–$900K | Value Drivers: Newer condition, coastal proximity, low-maintenance layout
Detailed Independent Property Report prepared by PropCred Analyst team for 57 Dougan Street, Point Vernon QLD 4655
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Point Vernon is a house-dominated market where demand is driven by older couples and outright owners. House prices have risen 15-18.5% annually to a median of $710,000-$796,500, with homes selling in a median 21 days. Units remain a thin market, but the median unit price jumped 31% to $638,975, reflecting spillover demand from buyers priced out of houses. Rental yields for houses sit around 4%, with median weekly rents of $620-$650. Growth is supported by quick turnover and rising interest in more affordable units. Key risks include affordability constraints relative to local incomes, rate sensitivity among an older cohort, and minimal unit diversity, leaving the suburb heavily exposed to house-market conditions.
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PropCred Estimated Value
Comparables: 53 Dougan Street sold $840K+ (2025 build) | 73 Dougan Street valued near $876K | Property Price Band: $800K–$900K | Value Drivers: Newer condition, coastal proximity, low-maintenance layout
Bedrooms
4
Bathroom
4
Parking
4
Land
419m²
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