1/21 Starling Street, Kewarra Beach QLD 4879

Beachside duplex | one row back from sand | elevated breezes | tenanted income | tight suburb supply This property occupies a rare position one street from Kewarra Beach, where elevated orientation captures coastal airflow and the fully fenced yard adds family utility absent from many beachside units. The half-duplex configuration offers detached living without strata complexity, suited to owner-occupiers seeking a foothold in a tightly held suburb or investors wanting immediate yield from a tenancy running through November 2026. Established gardens and a verandah reduce immediate outlay, while the absence of flood or bushfire overlays lowers insurance and holding costs. The suburb’s 13.1% growth and 4.1% yield sit above broader averages, and the street’s 75% owner-occupancy signals stable demand. The main risk is the 2021 purchase price of $383,800,current asking represents a near-doubling in five years, compressing upside unless the market continues its run. The single bathroom and one-car garage limit appeal to families or dual-income households, narrowing the buyer pool. Modernisation potential exists but will require capital that may not fully return at this entry point. Comparable at 30 Lily Court suggests a ceiling for three-bedroom product. Hold for rental income while the tenancy runs, then reassess for owner-occupation or light renovation before a 2027 re-sale.