7923/1 Edmund Rice Drive, Southport QLD 4215
7923/1 Edmund Rice Drive, Southport QLD 4215
2 bed, 2 bath apartment | part of a large 2.75 ha complex | gym and pool included | bushfire and flood overlays noted | no verified floor level or build year
This apartment sits within a substantial residential complex on a 2.75 hectare site, which is unusually large for apartment stock and suggests a well-established precinct with shared amenity. The inclusion of a gym, pool, balcony, air conditioning, and intercom security supports strong appeal for owner-occupiers and investors targeting amenity-led living in a central Gold Coast location. The broader complex also contains larger configurations, indicating a mixed demographic of downsizers, professionals, and rental households. Its position within the Ashmore State School and Keebra Park State High School catchments adds practical family appeal, while the presence of aged-care facilities nearby suggests a stable, multi-generational neighbourhood character.
The property may be subject to bushfire and flood planning overlays, which could affect insurance costs and development flexibility for the broader site. The absence of verified floor level, build year, and internal size means the apartmentโs outlook, natural light, and comparative value are not fully established. Rental yield estimates appear modest, and the lack of recorded property history limits the ability to assess past market behaviour. Buyers should verify the exact unit position within the complex, as aspect and level are likely to influence both livability and resale potential.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 7923/1 Edmund Rice Drive, Southport QLD 4215
Market Insight:
Southport is a key Gold Coast business hub, with demand driven by young professionals and constrained housing supply. House prices have surged (up ~18% annually), with a severe shortage of new stock against strong sales. Units offer more supply and higher yields (~5%), serving as an affordable coastal entry point. Future growth is anchored by the expanding Health & Knowledge Precinct, though house affordability remains a key constraint.