8 Memorial Street, Toogoom QLD 4655

8 Memorial Street, Toogoom QLD 4655
8 Memorial Street, Toogoom QLD 4655 is a 4 bed, 2 bath, 2 car house built in 2017, and it was sold in 2023 for $665,000; it is currently advertised for $910,000. The property was listed for sale as a house in Toogoom. 2017-built four-bedroom home | quiet coastal setting | family and downsizer focus | newer build rare in suburb This property is competitively positioned as a modern family home within a suburb where older beachside stock predominates. Its 2017 construction and four-bedroom two-bathroom configuration serve sea-change buyers and downsizers well, offering a turnkey coastal lifestyle. The peaceful seaside community enhances its appeal, and the house is considered a strong candidate for those seeking a newer build without sacrificing space or location. The configuration is well-aligned with the preferences of owner-occupiers rather than investors, which often translates to higher finish standards and longer-term occupancy. The value of this property may be influenced by site attributes such as land size and orientation, which remain to be confirmed. Potential environmental risks like flood exposure might also affect long-term price stability. Buyers should weigh these factors against the modern build and community character to form a complete view of the property’s worth.
Detailed Independent Property Report prepared  by PropCred Analyst team for 8 Memorial Street, Toogoom QLD 4655
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Toogoom is positioned as a coastal suburb with a mature demographic profile, where outright ownership is common. Demand is driven by lifestyle buyers and remote workers, attracted by the tight supply of detached homes and strong rental returns. Recent price trends reflect a robust and accelerating market, with properties transacting quickly. Future growth is underpinned by sustained demand against limited new development, though affordability pressures and a constrained supply pipeline present key constraints.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

682m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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