806/21 Kombi Street, Bokarina QLD 4575
806/21 Kombi Street, Bokarina QLD 4575
169m² 3/2/2 layout | rare two-car apartment | beachside Bokarina | owner-occupier heavy enclave | price point narrows buyer pool
A genuinely uncommon position is held by this apartment in the Bokarina market. Its 169m² floor plan with three bedrooms, two bathrooms, and two car spaces is well above what is typically found in coastal units, so the property is best compared with townhouse-style living. Stability is added by the owner-occupier-heavy complex, and family practicality is delivered by the short distance to Kawana Waters State College. This combination of generous layout, dual parking, and school access is rarely seen together, so a strong fit is offered for downsizers or professional households who want coastal, low-maintenance living without losing space.
The final price may be shaped most by internal presentation and floor level, since the size advantage is fixed. The upper end might be supported by a high-standard finish, while interest may be tempered by dated interiors, a lower floor, or high body corporate fees, and a slower sales pace may be experienced, though that risk may be softened by owner-occupier demand.
Detailed Independent Property Report prepared by PropCred Analyst team for 806/21 Kombi Street, Bokarina QLD 4575
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Bokarina sits on the Sunshine Coast as a tightly held, high-income family suburb where professionals dominate and median household earnings run well above regional norms. Demand is driven by interstate migration from southern capitals and chronic low stock; listings sit roughly 20% below long-term averages, keeping competition intense. The median house price reached $1,622,500 over the past year, with annual growth of 10.0%, while units eased 4.1% to $1,128,500. A constrained rental market shows vacancy around 1.1% or lower and median house rents at $950 weekly; gross yields remain modest at 3.1% for houses and 3.8% for units. Growth catalysts include the Direct Sunshine Coast Rail Line, the Maroochydore CBD redevelopment, and 2032 Olympics anticipation underpinning buyer confidence. Key risks centre on affordability pressure from sustained price rises, tight supply that limits correction, and sensitivity to interest rate movements, meaning buyers face a competitive environment where pre-approval is essential.
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PropCred Estimated Value
Comparable Sales: 302/21 Kombi Street 3/2/2 sold ~$1.12M; 607/21 Kombi Street 3/2/2 sold ~$1.18M | Property Price Band: $1.1M–$1.2M | Value Drivers: internal condition, floor level, dual parking
Bedrooms
3
Bathroom
2
Parking
2
Land
3980m²
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