77/28 Ancona Street, Carrara QLD 4211

77/28 Ancona Street, Carrara QLD 4211
3 beds | 1 bath | pool | 198mยฒ | Carrara | near Worongary State School | Expressions of Interest | no overlays The propertyโ€™s primary buying case rests on its combination of a private in-ground pool and a fully fenced yard on a compact 198mยฒ lot, which is uncommon for a townhouse in this price bracket and gives it a house-like feel for families. Built in 1997, it avoids the premium of newer stock but offers established landscaping and a functional layout,three bedrooms, two toilets, and secure parking,that suits first-home buyers or investors targeting the strong rental demand in Carraraโ€™s family corridor. The absence of bushfire, flood, or heritage overlays reduces due diligence risk, and the catchment for Worongary State School (1.1 km) adds long-term appeal for owner-occupiers with children. The main risk is the single bathroom, which may limit appeal to couples or small families and cap capital growth relative to two-bathroom units in the same street,comparable 77/28-30 Ancona Street is estimated higher. The 1997 build means older fixtures and potential maintenance on the pool and air conditioning, costs that a buyer should factor into their offer. On the opportunity side, the rental estimate of $750โ€“$850 per week supports a gross yield around 4.5โ€“5.5% at current values, strong for the Gold Coast, and the 16-day average days on market in Carrara suggests quick resale if needed. Hold this property for steady rental income or as a low-maintenance family home, and consider upgrading the bathroom to improve exit value.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 77/28 Ancona Street, Carrara QLD 4211
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Market Insight:

Carrara is a high-growth Gold Coast suburb, with its median house price of $1.23M indicating premium positioning. Demand is driven by a growing, established demographic, evidenced by strong annual sales volumes. The market is active, with houses appreciating 6.91% annually and units surging 11.45%, while a median of 20 days on market confirms tight conditions. Future growth is supported by solid rental yields and infrastructure links, though the premium price point presents a key affordability constraint.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

3

Land

198mยฒ

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