5/130 Prince Edward Parade, Scarborough QLD 4020

5/130 Prince Edward Parade, Scarborough QLD 4020
Beachfront apartment block | direct Queens Beach access | sea views across Moreton Bay | small six-unit building | flexible vendor negotiation This property occupies a rare position within a small beachfront block directly opposite Queens Beach, an arrangement that limits supply and strengthens long-term value retention. The sea views across Moreton Bay and immediate walking access to swimming beaches are the primary competitive advantages, serving buyers seeking a permanent coastal residence or a high-demand holiday base. The six-unit configuration suggests lower turnover and quieter occupancy than larger complexes, which appeals to owner-occupiers prioritising lifestyle consistency over investment churn. The absence of confirmed floorplan details and interior condition data introduces uncertainty, particularly given the building’s likely 1970s construction where original finishes may require updating. Comparable sales for similar two-bedroom units in the same block indicate a baseline around $750,000, but the premium for unobstructed views and direct beach frontage could push the negotiated price significantly higher. The flexible negotiation status may present an opportunity if the seller is motivated, though buyers should budget for potential renovation costs and verify strata records for any upcoming capital works.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 5/130 Prince Edward Parade, Scarborough QLD 4020
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Market Insight:

Scarborough offers a coastal lifestyle underpinned by strong, dual-track growth. House values have risen up to 18% in the past year, while units have surged over 20%, driven by robust sales activity. Demand is anchored by an established, older demographic and is broadening to include young professionals and downsizers seeking units. This is creating a dynamic market with houses selling in approximately 40 days and units offering higher rental yields. Future performance will hinge on maintaining this broad demand base amid sustained affordability pressures.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

531mยฒ

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