2/128 Sunshine Parade, Miami QLD 4220

Compact duplex | 136m² land | 250m to beach | School catchment | Low-yield coastal market This property occupies a scarce position for a buyer seeking immediate beach access without sacrificing school catchment coverage. Its compact duplex form on 136m² of land is typical of tightly held coastal stock, where the primary value lies in location rather than land area. The reported 250-metre proximity to sand and surf makes it a strong candidate for an owner-occupier who prioritises lifestyle convenience, or for a downsizer wanting a low-maintenance foothold in a high-value beachside suburb. The combination of a small attached format and established school zoning may also appeal to a holiday-home buyer looking for a rental-capable property in a walkable setting. The 2015 sale price of $595,000 provides a historical baseline, but the market context for Miami attached dwellings has shifted materially since then. The small lot size and attached configuration may limit capital growth compared to freestanding houses in the same suburb, while the inferred rental yield of around 3.4 per cent suggests the price is being supported more by owner-occupier demand than by investor returns. A buyer should weigh whether the compact internal space and shared wall arrangement represent an acceptable trade-off for the beach proximity, and consider that any future renovation or extension would be constrained by the 136m² site.