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Queensland

3-bedroom, 2-bathroom house on an 381m² block showing $202,000 growth in 2 years.

3 bed, 2 bath, 2 car, 381m², House

Local area · ABS 2021

approx. 4,915 pop · Owner-occupiers

Purchase price
$433,000
Current value
$635,000
Capital growth
48.96%
Cash on cash
237.65%

Sold in January 2024, this 3-bedroom, 2-bathroom coastal home in Queensland delivered an excellent example of how well-timed property decisions in lifestyle markets can pay off. Purchased for $433,000, the property has since experienced notable value growth, reflecting strong buyer interest in beachside suburbs and broader market uplift in the region. 

Set on a compact yet functional approx. 381 m² block, this home appealed to a wide range of buyers, from first-home buyers to investors seeking rental demand in a desirable coastal community. 

Value growth

Jan 2024–Jan 2026

Equity gained

+$202,000

Jan 2024Jan 2026$433,000$635,000

Purchase breakdown

Date purchased
Jan 2024
Date of value
Jan 2026
Stamp duty
$15,218
Deposit
$51,960
Solicitor cost
$2,000
Pest and build
$700

Returns

Equity gained
+$202,000
Capital growth
48.96%
Cash on cash return
237.65%
Weekly rent
$620
Equity growth
202000%

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