1/20 Mary Street, Alexandra Headland QLD 4572
1/20 Mary Street, Alexandra Headland QLD 4572
3 bed 2 bath unit | beachside Alexandra Headland | lifestyle demand from Alex Beach proximity | wider than typical 2-bed stock | value hinges on aspect and floor level
The property’s competitive strength is found in its three-bedroom, two-bathroom floor plan, a configuration that is rarely offered in this beach-side pocket where compact two-bedroom units are the norm. It is positioned in a coastal suburb that is strongly favoured by owner-occupiers, downsizers, and investors, and the lifestyle demand that comes from being within easy reach of Alex Beach, the surf club, and the cafes and shops along the esplanade is shared by this apartment. The property is best suited to a buyer who wants a genuine beachside residence with extra living space, rather than a compact holiday unit, and who is prepared to pay for a layout that is not commonly available locally.
The final value may be shaped more by the unit’s specific position within the building than by its room count. A higher-floor position or an aspect with any ocean or coastal outlook might be expected to support a stronger price, while a lower level facing the street might be limited in its premium. The age and presentation of the complex, together with its common facilities and parking arrangements, may also be expected to influence how this apartment is compared against newer or more polished stock. These variables should be weighed carefully by buyers when a view on price is formed, because the same floor plan may produce noticeably different outcomes depending on the view and orientation.
>> Comparable Sales: 7B Mary Street sold $3.3M; 30 Mary Street sold $6.8M | Property Price Band: $1.0M-$1.1M | Value Drivers: three-bedroom layout, beach proximity, aspect and floor level
Detailed Independent Property Report prepared by PropCred Analyst team for 1/20 Mary Street, Alexandra Headland QLD 4572
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Alexandra Headland, a coastal Sunshine Coast suburb, continues to draw lifestyle-driven buyers, particularly professionals, downsizers, and remote workers seeking family-friendly beachside living. Its median house price stands at $2.28 million, with an 8.8% compound annual growth rate, while units average $808,500, up 4.3% year-on-year. House rents have climbed 22.2% over the past year to a median $1,100 weekly, though gross yields remain modest at 2.8% for houses and 3.9% for units. Sales turnover is thin-53 house and 130 unit sales in the last year-with four-bedroom houses taking around 44 days to sell. Demand is reinforced by Queensland population growth and rental supply pressure, but the elevated entry point and softer house yields pose constraints for capital-driven buyers.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
72m²
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