111 Reid Road, Wongaling Beach QLD 4852

111 Reid Road, Wongaling Beach QLD 4852
Reid Road beachfront strip | Wongaling Beach holiday market | Mixed unit and house stock | Bushfire overlay possible | Strong short-stay rental appeal The property’s position on Reid Road places it within one of Wongaling Beach’s most established coastal corridors, where demand is driven by direct beach access and proximity to the completed Village Green precinct. This location suits a buyer seeking a holiday-ready unit or townhouse with strong short-stay potential, or a lifestyle purchase for regular coastal use. The surrounding stock includes both older detached houses on generous land and boutique low-rise apartments, so the property likely benefits from a broad buyer pool—owner-occupiers, investors, and downsizers—each valuing the tropical setting and walkability to cafes and beach. Value may be shaped by the property’s exact configuration, including floor level, aspect, and whether it offers ocean views or just beach proximity. Bushfire overlay requirements could add compliance considerations for any future renovation, while the holiday-oriented market may mean rental income fluctuates seasonally. Buyers should weigh the balance between lifestyle amenity and investment yield, as well as the condition of shared facilities if part of a complex. The mix of older and newer stock in the area suggests presentation and updates will materially influence price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 111 Reid Road, Wongaling Beach QLD 4852
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk 2
Income Risk ! 1
Execution Risk 2
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Market Insight

Wongaling Beach is positioned as a coastal lifestyle destination, with demand driven by retirees and investors attracted by strong capital growth and high rental yields. Recent price trends show robust annual appreciation, particularly for units, supported by tight supply and low vacancy rates. Future growth is underpinned by tourism proximity and rising rental demand, though affordability constraints and limited sales volume present key market risks.
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PropCred Estimated Value

Comparable Sales: 8/64-68 Reid Road sold $605,000; 96 Reid Road listed $1.48M | Property Price Band: $600K–$700K | Value Drivers: Beach proximity, unit condition, holiday rental potential

Bedrooms

3

Bathroom

1

Parking

1

Land

702m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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