8 Deborah Avenue, Benowa QLD 4217
8 Deborah Avenue, Benowa QLD 4217
Meticulously renovated Benowa Waters home | dual-level family layout with pool and outdoor kitchen | side access for boat or caravan | immediate occupancy in established residential pocket
The house presents as a rare turnkey opportunity in Benowa Waters, where the combination of a full renovation and side access for a boat or caravan creates a strong competitive edge in the local market. The five-bedroom layout with a separate home office and three living zones serves families who need both space and separation, while the outdoor kitchen and pool provide genuine entertaining capability. The 710m² block with 32% building coverage leaves usable yard space, and the absence of flood or bushfire risk removes common Gold Coast concerns.
The primary risk is the disconnect between the $1.72M November 2024 purchase price and the current search band, which suggests the vendor may have overcapitalised or is testing a premium market. Buyers should verify whether the renovation scope justifies the gap and consider that Domain’s mid-estimate sits well below the asking range. The 1988 build with solar panels and modern NBN connectivity is functional but not a value driver. For a buyer seeking a finished family home in a catchment with Benowa State School, this property offers immediate use with no renovation work required, but the purchase must be negotiated with discipline relative to recent sales evidence.
Detailed Independent Property Report prepared by PropCred Analyst team for 8 Deborah Avenue, Benowa QLD 4217
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Benowa is a well-established, high-ownership suburb on the Gold Coast, characterised by professional families. Demand is driven by this demographic seeking quality education and a transition from its rural past to a sought-after residential locale. The market demonstrates solid growth, with median house prices around $1.75M and units near $920K, both showing consistent annual appreciation. Units offer stronger rental yields above 4%. Future drivers include its enduring appeal to owner-occupiers, though affordability pressures and mortgage sensitivity present key constraints in the current climate.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
4
Land
710m²
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