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Location

Market Insights for Bray Park QLD 4500

New Listings (last 30 days)

Average price

$1,045,661

Lowest price

$650,000

Highest price

$2,500,000

16 Casuarina Drive, Bray Park QLD 4500

$1,040,000

Search Band

$1.04M - $1.09M Transparent Based on an openly advertised listing price.

House 3 beds 2 baths 2 cars

Listed: 50 days ago

Updated: 19 hours ago

Overview

This highset residence at 16 Casuarina Drive South offers a compelling blend of space, flexibility, and solid investment fundamentals within the family-friendly suburb of Bray Park, Queensland. Boasting three bedrooms and two bathrooms, the home caters comfortably to the needs of a growing family or an investor seeking a reliable, long-term asset.

The standout feature is the large rumpus area, which introduces versatility to the floorplan, inviting potential for a range of uses such as a children's play zone, home office, or recreational space. This element not only enhances the liveability of the home but also adds future value plus appeal for buyers with evolving needs.

In addition to ample living spaces, the property includes two dedicated parking spaces, a much-valued convenience in suburban settings. While explicit land and floor sizes are unavailable, the residence benefits from a robust land component that underlines its family appeal and potential for outdoor enjoyment or landscaping.

From an investment standpoint, the property is positioned to generate a weekly rent of approximately $720, yielding an estimated gross return of 3.6%. This offers a solid income stream from day one while the suburb's growth prospects provide confidence in long-term capital gain. The off-market purchase exemplifies the advantages of expert negotiation and local market connections.

Overall, this property will suit purchasers looking for a well-rounded home with flexible living areas, steady rental returns, and solid foundations for future growth. Whether for owner-occupiers seeking comfort and space or investors prioritising reliable yields and asset quality, 16 Casuarina Drive South presents an opportunity underpinned by thoughtful design and savvy acquisition.

Local Market Insights

In Bray Park, Quiet Listings observed 48 new houses entering the market over the last 30 days, up from 40 during the previous 30-day period, with an average advertised asking price of $1,045,661. The property type mix of listed properties is predominantly Houses at 72%, followed by townhouses (16%), and units (4%). The most active agency for houses in the Bray Park area is currently Coronis, representing 31% of new listings, followed by Ray White 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.