90 Boykambil Esp N, Hope Island QLD 4212

90 Boykambil Esp N, Hope Island QLD 4212
Beach-close Hope Island house | 3 bed, 2 bath, 6-car garage | 809mยฒ land with flood overlay | Strong rental yield up to 3.87% | Stable owner-occupied street. This property is positioned as a rare beach-adjacent house on a full 809mยฒ block in a street where 75% of neighbours are long-term owners, giving it a stable, low-turnover character that most Hope Island listings lack. The six-car garage and private beach access within 100 metres are genuine differentiators for a buyer seeking a family compound or a high-end rental that commands premium weekly income of over $1,100. It best serves a buyer who values land depth, parking capacity, and immediate coastal lifestyle over a turnkey modern interior, and who is comfortable with a 40-day average selling cycle in the suburb. The flood overlay is the primary risk, and it will narrow the buyer pool and may increase insurance costs, but the propertyโ€™s 2012 purchase history and lack of recent sales suggest it has been held through multiple wet seasons without distress. The rental comps on the same street show yields between 3.77% and 5.43%, meaning this house can be held as an income-producing investment while the buyer waits for the right market window. Hold this property for its land content and beach proximity, not for short-term capital gain.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 90 Boykambil Esp N, Hope Island QLD 4212
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Market Insight:

Hope Island presents a high-value, dual-track market. Demand is driven by affluent professionals, with strong rental growth (8-10% annually) and robust sales activity underpinning the unit sector, which has seen 6% price growth. However, the premium house segment faces headwinds, with prices down 2-5% and extended 65-day marketing times reflecting affordability constraints. Future growth hinges on sustained rental demand, but high entry prices and divergent performance between houses and units remain key considerations.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

6

Land

809mยฒ

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