17 Cocoanut Point Drive, Zilzie QLD 4710
17 Cocoanut Point Drive, Zilzie QLD 4710
Coastal elevation | Seaspray Estate | School catchment clarity | No flood or bushfire overlay | Modern build on 747sqm
This house occupies a rare position in Zilzieโs Seaspray Estate, combining an elevated 15-metre ground height with a 30% building coverage that leaves most of the 747sqm lot open. For a buyer, that translates to cooling sea breezes, a genuine ocean outlook, and space to extend or landscape without council overlay complications , no flood or bushfire constraints apply. The four-bedroom, two-bathroom layout with two garage spaces suits a family prioritising coastal living with school catchment certainty: Emu Park State School and Yeppoon State High. The modern construction and satellite-verified updates to December 2023 reduce immediate maintenance risk, and reliable NBN plus 4G coverage supports remote work.
The primary risk is the propertyโs rental history , only one listing in 2017 with no price record , which suggests limited income data for yield projections, though current midpoint rent of $615 per week on a 2020 purchase of $375,000 indicates strong capital growth potential rather than income return. For a buyer, the opportunity lies in holding for medium-term appreciation in a region where coastal stock with clear title and no overlay risk is scarce. Use this house as a primary residence with an eye to future subdivision or sale when the estate matures.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 17 Cocoanut Point Drive, Zilzie QLD 4710
Market Insight:
Zilzieโs coastal lifestyle, proximity to Yeppoon/Emu Park and tight supply are driving demandโbuyers are mainly chasing holiday, seaโchange and retirement properties. Growth opportunities stem from regional tourism and local infrastructure, while risks include seasonal demand, modest rental yields and sensitivity to broader Queensland market shifts. Prices have been firming recentlyโbroadly higher over the past six months with strong yearโonโyear gains, though momentum may moderate if listings rise.