12 Mustang Way, Burrum Heads QLD 4659
12 Mustang Way, Burrum Heads QLD 4659
Vacant land in an established coastal estate | No dwelling confirmed | Lifestyle demand from sea-change buyers | Large-block potential | Council records show undeveloped status
This is a rare opportunity to secure a vacant residential allotment within a built-up coastal suburb, where most neighbouring sites already carry detached homes. The absence of an existing dwelling means the buyer acquires full control over siting, orientation, and finishes, avoiding the cost of demolishing or renovating older stock. Burrum Heads appeals strongly to retirees and lifestyle purchasers seeking space for boats, caravans, and outdoor living, and this block sits within a low-density residential pocket that supports that profile. For a buyer wanting a fresh build in a coastal setting without the premium attached to improved properties, this land offers a clean slate in a market where comparable vacant sites are increasingly scarce.
The property’s value may hinge on the confirmed lot size and any site-specific constraints such as slope, vegetation, or drainage, which are not established from available records. Council water-connection data lists the site as vacant, but this does not confirm whether services are ready at the boundary or whether connection charges apply. The surrounding market’s typical block sizes range widely, so the eventual value will depend heavily on whether this allotment aligns with the larger lifestyle blocks or the smaller, more standard lots. Buyers should also weigh the cost and timeline of constructing in a regional coastal market, where builder availability and material pricing may influence the total outlay.
Detailed Independent Property Report prepared by PropCred Analyst team for 12 Mustang Way, Burrum Heads QLD 4659
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Burrum Heads, a coastal Queensland suburb, is tightly held with just 8 listings and 77–99 annual sales. Demand comes from professionals attracted to coastal living, backed by a strong rental market: $630 weekly house rent and 4.01% gross yield. Median house price is $829,500, with 6.3% compound growth, though another source puts it at $800,000 with 2.56%. Days on market average 59, but 3-bedrooms sell in 39. Future growth relies on infrastructure and waterway proximity. Key constraints: affordability, with prices from $683,000 (2-bed) to $950,000 (5-bed), limited supply, and rate sensitivity.
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PropCred Estimated Value
Comparable Sales: 1A-27 Mustang Way and 45 Sirenia Drive, both improved homes on similar-sized blocks, recent sales in the mid-$400,000s | Property Price Band: $200,000–$300,000 | Value Drivers: land size, site orientation, service connection readiness, and proximity to coastal amenities.
Bedrooms
4
Bathroom
2
Parking
2
Land
2063m²
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