1/135 Sunshine Parade, Miami QLD 4220
1/135 Sunshine Parade, Miami QLD 4220
405mยฒ near-beach duplex | 400m to sand and surf | 4 bed, 3 bath, 2 car | premium medium-density coastal holding
This property is competitively strong as a modern duplex on a generous 405mยฒ site, positioned only 400 metres from the beach in Miami, where newer low-maintenance coastal housing is in demand. Its four-bedroom, three-bathroom configuration with double garage places it toward the upper end of medium-density family or downsizer stock, appealing to owner-occupiers seeking a boutique beachside lifestyle rather than entry-level housing. The larger land holding is rare for a duplex in this part of Miami, giving it a land-rich advantage over typical apartment or townhouse offerings.
The sale price of $1,235,000 in December 2024 may reflect a different market condition than any current expectations. Inconsistent database descriptions of bedroom and bathroom counts may indicate that the property’s exact configuration requires verification, which could affect perceived value for different buyer groups. The building’s modern age and near-beach location are strong positives, but any variation in internal layout or finishes from what is assumed may influence how the property compares to similar duplexes in the area.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 1/135 Sunshine Parade, Miami QLD 4220
Market Insight:
Miami presents a premium coastal market with a clear divergence between its established house and unit segments. Demand is anchored by lifestyle buyers seeking enduring value, with units demonstrating notably stronger and more consistent capital growth. The market is active, with houses transacting efficiently, though their performance shows recent variability. Future prospects are underpinned by this sustained unit demand, yet the higher-priced house segment may face constraints from broader affordability pressures.