71/835 Boat Harbour Drive Urangan QLD 4655

71/835 Boat Harbour Drive Urangan QLD 4655
| Retirement resort | 3-bedroom apartment | 260 sqm interior | 1,830 sqm lot | Not currently for sale | This property offers a rare configuration in the retirement living segment: a three-bedroom apartment with a substantial 260 square metres of interior space on a very large lot within a managed resort. For a buyer seeking downsized living without sacrificing room for guests or hobbies, the floor plan provides a genuine competitive edge over standard two-bedroom units. The large lot also implies a private outdoor area, which is uncommon at this density. The property best suits a buyer who values space, low-maintenance resort living, and a managed community environment in Urangan, close to Shelly Beach and local retail. The primary risk is that this property is not currently on the market, meaning any approach would require negotiation with an off-market owner, likely at a premium. Valuation estimates vary widelyโ€”from $673,000 to $960,000โ€”reflecting different methodologies and market timing, which introduces uncertainty in pricing. The buyer should commission an independent appraisal to anchor their offer. The commercial logic is to secure a unique floor plan in a desirable lifestyle resort before broader market awareness drives prices upward. If acquired, hold this property for personal use; its configuration makes it a strong long-term residence rather than a short-term flip.

Independent, Unbiased Research Report for this property by PropCred Analyst teamย 

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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

2

Land

260mยฒ

Assessments Delivered Today

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