18/152-158 Broadwater Terrace, Redland Bay QLD 4165
18/152-158 Broadwater Terrace, Redland Bay QLD 4165
Waterfront penthouse | mixed-use village setting | lift-served top floor | 3-bed 2-bath | walkable bayside lifestyle
A rare position is held in Redland Bay by this waterfront penthouse apartment, with genuine bay outlook combined with a mixed-use village setting. Very few strata units in the suburb are offered with both water vistas and direct lift-served access to daily services, medical suites and retail tenancies below. The water views are made the primary living feature through the open-plan layout, ducted air conditioning and oversized balcony, with a secure car space and storage cage included for practical everyday use. This property is best suited to downsizers and lifestyle buyers seeking low-maintenance waterfront living without sacrificing walkability. A genuine village-edge lifestyle is reinforced by its position across from Redland Bay Village, and a distinct edge is gained over conventional suburban stock through that proximity rather than through isolated residential living.
Value may be influenced by the building’s age and common-area condition, which are typical price drivers in any strata complex. The apartment’s price might also depend on the exact floor level and the degree of water exposure from the balcony, as view quality tends to vary significantly within waterfront strata buildings. Demand may be thinned by the niche apartment market in Redland Bay, where detached housing dominates buyer preference. Appeal might be broadened by the mixed-use format for owner-occupiers who value immediate access to services, and price resilience could be supported by that.
Detailed Independent Property Report prepared by PropCred Analyst team for 18/152-158 Broadwater Terrace, Redland Bay QLD 4165
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Redland Bay, 40 minutes from Brisbane and 35 from the Gold Coast, is a gateway to southern islands, drawing couples with children—47% of households—and interstate relocators seeking relaxed family living. Prices are rising sharply: median houses hit $1,100,000 (20.2% annual growth), units $812,500 (10.69%), with houses selling in roughly 20 days. Gross yields are thin—3.79% for houses, 3.95% for units—reflecting strong capital gains over income. Demand is anchored by the Shoreline by Lendlease masterplan, adding around 3,000 homes alongside new sporting grounds, schools and shopping. That supply pipeline is the key risk, potentially cooling future price growth. Affordability is already stretched at this median, with typical mortgage repayments of $1,800–$2,399 monthly; rate sensitivity is the other constraint. Still, 75.5% owner-occupancy and 45% of residents being purchasers suggest a stable, family-dominated market with momentum, albeit one increasingly vulnerable to financing costs and new supply.
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PropCred Estimated Value
Comparable Sales: 12/152-158 Broadwater Terrace sold $638,000 | Property Price Band: $950K-$1.05M | Value Drivers: water view exposure, penthouse floor position, internal presentation
Bedrooms
3
Bathroom
2
Parking
-
Land
1971m²
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