65 Crest Drive, Currumbin QLD 4223

65 Crest Drive, Currumbin QLD 4223
Elevated position | fully renovated | 4-car garage | rental demand strong The buying case for 65 Crest Drive rests on its rare combination of elevated positioning and complete renovation, which together remove the two biggest buyer objections in Currumbinโ€™s hillside marketโ€”compromised views and dated interiors. The 524 mยฒ block is not large by local standards, but the three-level configuration extracts maximum outlook and privacy from the site, and the four-car garage is a genuine differentiator for families or collectors. This property suits a buyer who wants a turn-key coastal home with immediate lifestyle return and minimal post-settlement work, particularly owner-occupiers or long-term holders who value position over land area. The principal risk is the unresolved overlay status, specifically bushfire and flood detection, which could affect insurance premiums and future renovation scope; a council mapping check is non-negotiable before exchange. The December 2024 sale at $2.125m provides a recent price floor, but the estimated value range of $2.48m to $2.63m suggests the market has already repriced the property upward, meaning a buyer today is paying for momentum. The rental history at $1,700 per week confirms strong income potential, but the yield is modest against purchase price. Hold this property for its positional scarcity and renovation quality, not for short-term capital gain
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 65 Crest Drive, Currumbin QLD 4223
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Market Insight:

Currumbin is a high-performing coastal market, characterised by strong capital appreciation across both houses and units. Demand is driven by owner-occupiers within established income brackets, creating a competitive environment with relatively swift sales. Recent growth has been robust, particularly for units, supported by solid rental yields. Future performance will be anchored by its enduring lifestyle appeal, though typical coastal supply constraints and broader economic sensitivity remain inherent considerations.
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PropCred Estimated Value

Bedrooms

4

Bathroom

3

Parking

4

Land

524mยฒ

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