9/1 Belongil Street, Pacific Pines QLD 4211

9/1 Belongil Street, Pacific Pines QLD 4211
Townhouse in resort complex | parkland views | walkable schools & shops | recent internal updates | pets allowed on approval This property presents a competitively strong offering within the family townhouse segment, defined by its move-in readiness with recent flooring updates and a configuration that maximizes privacy and space across three bedrooms and multiple living areas. Its position within a well-maintained complex offering resort-style amenities, combined with direct walking access to schools and parks, creates a compelling package for owner-occupiers seeking a low-maintenance lifestyle or for investors targeting the stable rental demand inherent to this location. It serves first-home buyers and downsizers most directly, while the approved pet policy broadens its rental appeal. The decision hinges on body corporate costs near $100 per week, which directly offset rental yield and must be factored into holding costs. The recent rapid price appreciation since its 2024 sale necessitates scrutiny against current comparable sales to validate the listed premium. The opportunity lies in securing a turnkey property in a high-convenience location where future capital growth will be driven by its enduring family appeal. Acquire for long-term hold, leveraging its rental strength during ownership. The property last sold in April 2024 for $700,000. Its current listing at a significantly higher price point reflects the recent capital growth trend in the area and the value added through updates like new flooring. Buyers must verify this new asking price against other recent townhouse sales in Pacific Pines to ensure it aligns with the current market plateau.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Pacific Pines is a high-demand, family-centric suburb within the Gold Coast growth corridor, characterised by an 87% family demographic and an 80% owner-occupier base. Demand is driven by these young families, attracted by established school catchments and enhanced connectivity from projects like the Coomera Connector. The market is exceptionally tight, with houses achieving a 17.01% annual growth to a $1.135m median and selling in a rapid 14 days. Future tailwinds include sustained population growth and Olympic-linked infrastructure, though risks centre on affordability pressures from rapid price escalation and interest rate sensitivity in this mortgage-heavy market.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

Assessments Delivered Today

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