57 Mackay Drive, Kawungan QLD 4655
57 Mackay Drive, Kawungan QLD 4655
4 bed family home | dual access 817mΒ² block | 8x6m shed + garage | 7.92kW solar | <1km to hospital
This property presents a competitively strong family proposition, anchored by its dual-access land parcel and superior functional configuration. The combination of a separate media room, study, and large shed on a fully fenced block creates a rare utility profile for a growing household. Its location within 1km of the hospital and key amenities positions it for sustained demand from professional and medical staff, offering a lifestyle of convenience with beach proximity. The house serves a buyer seeking space, functionality, and low-maintenance living with the cost-offset of a substantial solar system.
The primary decision hinges on price justification against the suburb median. The offering above $1.1 million demands a premium of approximately 37% over the recent area median of $805,000. This premium must be paid for in the property's specific configuration and land attributes, as the broader market shows high liquidity with a 14-day average selling period. Acquire only if the dual access and outbuilding utility provide direct, tangible value to your occupancy plans. Otherwise, the market offers more standard stock at a significantly lower entry point, making this a hold for a long-term owner-occupier who will fully utilize its unique attributes.
Recent sales in Kawungan establish a clear benchmark. The suburb median sale price is $805,000. This property's asking price positions it at a notable premium, which must be justified by its specific, superior features like land size, dual access, and outbuildings not reflected in the median figure.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Kawungan is a mature, established suburb characterised by high owner-occupancy and a demographic skew towards older couples. Demand is driven by this stable, outright-owning resident base seeking detached housing, supported by robust capital growth and strong rental yield performance. The market demonstrates significant price appreciation and tight selling periods, indicating sustained buyer competition. Future growth is underpinned by this solid demographic foundation and consistent sales activity, though price variability and limited new supply present potential constraints on affordability and market fluidity.