12 Appleton Drive, Yeppoon QLD 4703
12 Appleton Drive, Yeppoon QLD 4703
Renovated coastal house | Ocean views | 3 bed / 2 bath | Premium Yeppoon position | Small 480m² block
This property stands out for its complete upper-level renovation and direct ocean outlook, placing it above typical Yeppoon stock in presentation and lifestyle appeal. The compact 480m² block is a deliberate trade-off for the view, and the single-level living with a 169m² footprint suits downsizers, sea-changers, or owner-occupiers prioritising move-in condition over land size. It sits comfortably in the upper tier of the local market, where buyers pay for finishes and outlook rather than acreage, and the lack of flood or bushfire overlay adds practical reassurance for coastal living.
The small land size may cap future expansion potential, and the premium asking position means value hinges on how much the view and renovation are worth to a specific buyer. The implied rental yield sits below the suburb median, suggesting this is more lifestyle-driven than income-driven. Buyers should weigh whether the ocean aspect and renovated state justify the price gap over larger, unrenovated alternatives, and consider that the upper-level focus may leave the lower level with less recent investment.
|| Comparable Sales: 8 Matthew Flinders Drive, Cooee Bay sold at $961,000 | Property Price Band: $900K–$1.0M | Value Drivers: Renovation quality, ocean views, compact low-maintenance land
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Appleton Drive, Yeppoon QLD 4703
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Yeppoon, on the Capricorn Coast, is a tight-supply market where houses and units are both appreciating rapidly. Median house prices sit near $747,500–$782,500 with annual growth of 12–15%, while units have jumped 20–22% to around $560,000–$565,500. Houses sell in a median 16 days, reflecting strong enquiry and multiple offers, sometimes from cash buyers purchasing sight-unseen. Demand is led by migrants from southern and western Queensland plus interstate, semi-retired couples seeking low-maintenance units, and families chasing four-bedroom homes with parking for boats or caravans on 700–800 sqm blocks. Investor interest is supported by gross yields of roughly 4.5–4.7% for houses and 4.7–6.0% for units. The key constraint is structural: Livingstone Shire’s population growth is outpacing housing delivery, and no significant supply wave is imminent, so price pressure should persist. The main watchpoint is affordability erosion as rental demand and buyer competition continue to outstrip a limited pool of listings.
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PropCred Estimated Value
Comparable Sales: 8 Matthew Flinders Drive, Cooee Bay sold at $961,000 | Property Price Band: $900K–$1.0M | Value Drivers: Renovation quality, ocean views, compact low-maintenance land
Bedrooms
3
Bathroom
2
Parking
2
Land
480m²
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