82 Ware Drive, Currumbin Waters QLD 4223
82 Ware Drive, Currumbin Waters QLD 4223
82 Ware Drive | 1,543mยฒ lot | no overlay risk | long-term street profile | 5G and solar detected
The propertyโs competitive strength lies in its rare combination of a large 1,543mยฒ lot with no bushfire, flood, or heritage overlays, set in a street where 82% of residents have lived over five years. This signals stable demand and low turnover risk. The 17% building coverage on a 265mยฒ house offers expansion potential without density constraints, and the 5G coverage and solar panels add modern utility. It serves best a buyer seeking land value in a tightly held suburban pocket with strong school access and a 59% auction clearance rate for similar houses.
The primary risk is the lack of recent sales data for this property, making precise valuation uncertain against the estimated $1.45mโ$1.91m range. The 90% owner-occupier ratio limits rental comparability, and the Fibre to the Node connection is a minor drawback for some. Opportunity lies in the lotโs redevelopment or subdivision potential, given the low building coverage and absence of overlay restrictions. Hold for land appreciation in a low-turnover area, or improve the house to capture equity gains.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 82 Ware Drive, Currumbin Waters QLD 4223
Market Insight:
Currumbin Waters is a high-demand, family-oriented suburb where established homes are transacting swiftly, indicating strong underlying demand from owner-occupiers. This is driven by its low-density residential character, appealing to couples with children seeking a settled environment. The market demonstrates robust price appreciation across both houses and units, with properties selling significantly faster than nearby areas. Future growth is supported by this sustained buyer activity, though the limited current supply for sale and rent presents a key constraint on availability.