62/230 Pulgul Street, Urangan QLD 4655
62/230 Pulgul Street, Urangan QLD 4655
3-bed townhouse | 2-bath | 2–3 car spaces | compact 118–171 m² lot | coastal Urangan location | strong capital growth since 2020
This townhouse occupies a practical niche in Urangan’s coastal market. The three-bedroom, two-bathroom configuration with multiple car spaces is less common than standard two-bedroom units, which gives it an edge for owner-occupiers or downsizers wanting more space without detached-house maintenance. The compact land area suggests lower upkeep, a genuine draw in a coastal suburb where many buyers prioritise lock-and-leave convenience. The property’s price trajectory from $345,000 in 2020 to current levels signals sustained demand for this format, and the townhouse style typically attracts a broader buyer pool than high-density apartments. It is best suited to households seeking a low-maintenance coastal base or investors targeting the townhouse rental niche.
The land size inconsistency between 118 m² and 171 m² may reflect different measurement methods, but it does highlight that the outdoor area is limited. That constraint could affect appeal for buyers wanting generous yard space or privacy. Body corporate fees and shared-title obligations are not confirmed but are typical for this property type and should be factored into holding costs. The strong price growth since 2020 may partly reflect broader market conditions rather than unique property attributes, so a buyer should weigh whether current pricing still offers value relative to comparable townhouses in the suburb. The absence of recent comparable sales data means forming a precise view on price requires local agent insight or recent settled sales.
Detailed Independent Property Report prepared by PropCred Analyst team for 62/230 Pulgul Street, Urangan QLD 4655
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
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Market Insight
Urangan’s property market is characterised by strong house price growth, with median values between $725k and $763k and annual gains of 7.7% to 16.95%, indicating robust demand. This demand is primarily driven by the rental market, where weekly rents for houses have increased by up to 8.3%, reflecting high tenant competition. However, a key constraint is emerging buyer caution, evidenced by houses taking 21 to 63 days to sell, suggesting a more measured market pace despite the upward price momentum.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
3
Land
171m²
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