9 Third Avenue, Marcoola QLD 4564

9 Third Avenue, Marcoola QLD 4564
Modern build | 4-bed coastal home | in-ground pool | flood overlay | 546m² block This property presents a competitively strong offering for a buyer seeking a modern, low-maintenance coastal lifestyle within a short walk to the beach. Its 2019 construction date means major capital items are under warranty and the design aligns with contemporary expectations for open-plan living and energy efficiency, evidenced by zoned air conditioning and solar panels. The configuration of four bedrooms, three separate car spaces, and a butler’s pantry squarely targets the family or professional couple market, offering scale and practicality. The inclusion of a private pool and built-in outdoor entertainment area on a fully fenced block enhances its appeal as a turnkey residence, positioning it well within the upper segment of Marcoola’s housing stock. The primary decision mechanism involves the flood overlay designation for drainage deficiency, which necessitates specialised due diligence for insurance premiums and potential future resale constraints, directly costing the buyer in risk assessment and possibly ongoing holding costs. The absence of recent comparable sales data in the immediate vicinity introduces pricing ambiguity, though the Domain estimate suggests a premium for the modern build and amenities. The opportunity lies in acquiring a near-new property in a high-demand demographic corridor without paying a premium for absolute waterfront, offering a balance of lifestyle and relative value. Our judgment is that this property is a hold for a long-term occupant who values the specific lifestyle package and can absorb the flood-related due diligence, rather than a short-term investment vehicle.

Market Insight:

Marcoola presents a Sunshine Coast market with divergent trends: houses show modest price growth while units have surged nearly 20% annually, supported by a tight 1.44% vacancy rate. Demand is driven by a professional and trades-based demographic, with population growth and chronic undersupply underpinning values. However, the market faces clear affordability pressures and sensitivity to interest rate movements, which could temper activity despite strong underlying fundamentals.

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

546m²

Built

Recent Assessments