2/11 Toos Close, Cooee Bay QLD 4703

2/11 Toos Close, Cooee Bay QLD 4703
Quiet coastal unit | sold block context | mid-range entry | school catchment edge This property occupies a defensible position within a block that recently transacted near the million-dollar mark, which anchors individual unit value below replacement cost. The three-bedroom configuration is rare in this price tier for Cooee Bay, and the Taranganbaโ€“Yeppoon school corridor gives it a structural demand floor from families priced out of standalone houses. For a buyer seeking a low-maintenance coastal hold with walkable amenity and limited supply risk, the unit offers a tighter entry point than nearby houses while sharing the same location fundamentals. The principal risk is unit-block stratification: resale comparables are thin, and the 2/11 unit sits below the block-average implied value, which may compress future capital growth relative to standalone properties. The buyer should verify body corporate rules on short-term letting, as the relaxed coastal character could support holiday rental yield if permitted. Hold for minimum five years; the school catchment and block scarcity in a rising coastal market should outpace unit depreciation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/11 Toos Close, Cooee Bay QLD 4703
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Market Insight:

This suburb presents a compelling entry point for buyers, with a clear premium for houses over units. Demand is robust, evidenced by rapid sales and strong annual price growth across both property types. This momentum is supported by solid rental yields, indicating healthy investor and occupier interest. Future performance will hinge on the continuation of these demand drivers against broader economic sensitivities.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

810mยฒ

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