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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

40 Caraway Crescent, Banksia Beach QLD 4507

PRICE GUIDE $1.3M

Listed: 27th Jul 2026
Updated: 15 hours ago
Overview

This dual-living residence, situated within the prestigious Pacific Harbour Golf Estate on Bribie Island, Queensland, combines modern design with investment potential, offering two independent living spaces on one title. Built in 2018 with a focus on low-maintenance materials and finishes, this property is designed to maximize income and reduce ongoing expenses, presenting a compelling opportunity for investors seeking both immediate cash flow and future capital growth.

The property enjoys a solid combined rental income of $930 per week, showcasing its strong appeal in a region marked by limited supply of quality dual-living options and high tenant demand. It is divided into two residences that together provide flexible living arrangements and enhanced yield potential.

  • The first unit is tailored for family living, featuring three generous bedrooms, two modern bathrooms, and an open-plan design that seamlessly integrates living and dining spaces. The contemporary kitchen offers ample storage, and climate comfort is ensured with air conditioning and ceiling fans throughout. A single lock-up garage completes this unit, which is currently tenanted.
  • The second unit offers a low-maintenance lifestyle with two bedrooms and one bathroom, open-plan living and dining areas, and a modern kitchen. Similarly equipped with air conditioning, ceiling fans, and a single lock-up garage, this unit is securing a new tenant, further underscoring the property's strong rental appeal.

Residents of Pacific Harbour Golf Estate enjoy exclusive access to amenities such as a championship golf course, clubhouse, gym, swimming pool, tennis courts, and a café, contributing to the premium lifestyle the location offers. This dual-income investment is well positioned within Southeast Queensland's sought-after coastal corridor, providing excellent depreciation benefits for eligible investors and potential future owner-occupier flexibility.

The combination of modern construction, dual income streams, and premium lifestyle location makes this rare offering distinctive within the current market. It is particularly suitable for investors looking to diversify their portfolio with a high-quality, high-demand asset or those seeking a property with strong long-term growth fundamentals. The property's dual residence configuration and strong tenant demand make it a standout opportunity for immediate returns combined with future capital appreciation.

Local Market Insights

In Banksia Beach, Quiet Listings observed 36 new houses entering the market over the last 30 days, up from 32 during the previous 30-day period, with an average advertised asking price of $1,246,630. The property type mix of listed properties is predominantly Houses at 67%, followed by units (15%), and duplexes (5%). The most active agency for houses in the Banksia Beach area is currently @Realty, representing 22% of new listings, followed by Belle Property with 19%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Banksia Beach QLD 4507
New Listings (last 30 days)
36
Average price
$1,246,630
Lowest price
$600,000
Highest price
$3,000,000
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