82 John Dory Street, Cungulla QLD 4816
82 John Dory Street, Cungulla QLD 4816
Seaside village setting | 300m to beach | 833mยฒ block | solar-equipped renovated home
This property presents a rare configuration edge in Cungulla: a fully renovated two-bedroom house on a generous 833mยฒ block with solar panels, positioned to capture sea breezes from an eastern aspect. The 205mยฒ built area at 25% coverage leaves meaningful outdoor space, and the workshop and shed add utility for coastal or hobbyist living. With no flood, bushfire, or heritage overlays, the risk profile is unusually clean for a beachside location. The property serves best as a permanent coastal residence for downsizers or remote workers, or as a high-yield weekend escape for buyers seeking a low-maintenance holding with rental upside.
The price gap between the current asking level and automated estimates suggests a negotiation opportunity, though the short market time and bespoke renovation quality may limit discount depth. Rental estimates of $420โ$435 per week imply a yield near 5.25%, which is competitive for the area but dependent on securing tenants quickly in a small market. The school catchment requires a 12km drive for primary and 34km for secondary, which narrows the buyer pool to those without school-age children or willing to commute. Hold this property as a permanent home to maximise lifestyle benefit, or as a rental with solar savings improving net return.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 82 John Dory Street, Cungulla QLD 4816
Market Insight:
Cungulla is a small coastal community popular with retirees and holidayโhome buyers seeking an affordable seaside lifestyle and fishing access, and very low stock helps sustain buyer interest. Growth upside ties to Townsvilleโs broader regional demand and shortโstay rental potential, while risks include market thinness, limited local services and northโQueensland weather exposure that can amplify swings. Prices in the last six months have been broadly steady to slightly positive after modest annual gains, but low turnover means values can move quicklyโbuyers should prioritise fundamentals and liquidity risk.