10 Esplanade, Point Vernon QLD 4655

Waterfront Esplanade position | 718m² land bank | 4-bed consensus | retiree-demand suburb | 25-day turnover The property occupies a premium waterfront position on Point Vernon’s Esplanade, a street where 85% of residents are owners and 4-bedroom houses sell in 25 days on average. The 718m² land holding is the primary competitive edge here,rare in coastal infill settings and increasingly valued by downsizers and families seeking space without sacrificing beach proximity. The 4-bedroom, 2-bathroom configuration aligns with the dominant local buyer profile (60+ age bracket, 39% of population) who prize single-level living and guest accommodation. For a buyer, this means strong capital preservation in a stable, retiree-heavy market with limited turnover and constrained supply along the Esplanade itself. The minor bedroom discrepancy across listings (3 vs 4) introduces a valuation risk,if a formal study or fourth room lacks legal bedroom status, comparable sales may need adjustment downward by 3-5%. The property last transacted in 2024, so recent purchase costs are known to the seller and may limit negotiation room. However, the 25-day average days on market signals genuine demand, not speculative froth. The older demographic profile limits future rental pool depth but supports consistent owner-occupier demand. Hold this property as a long-term coastal residence or retiree repositioning play; its land content and street position will outperform the suburb average over a 7-10 year cycle.