2/49 Albatross Street, Kewarra Beach QLD 4879
2/49 Albatross Street, Kewarra Beach QLD 4879
This is a ground-floor duplex half with two bedrooms, one bathroom, and one car space. Built in 1990, it sits on a shared 829 sqm lot, offering a private, rear position with a fully fenced garden featuring fruit and vegetables. The property is within walking distance of the beach, shops, schools, and public transport.
What is competitively strong is the configuration itself. This is a freestanding duplex half on a large shared lot, which provides significantly more privacy and outdoor space than a standard apartment or townhouse in the area. The rear positioning and established garden create a secluded, quiet environment that is rare for a property with this level of walkability. It serves buyers who want coastal living with ground-level access and a private garden, without the maintenance of a standalone house. The combination of a large shared lot, private garden, and coastal walkability gives this property a distinct position in the suburb, appealing to singles, couples, or downsizers who prioritise lifestyle and low-maintenance living.
The value of this property may be influenced by the shared lot arrangement, as the 829 sqm is not exclusive to this unit, which could limit its appeal to buyers seeking full land ownership. Being built in 1990, the property might require some updates, so the condition of finishes and systems should be assessed. The two-bedroom configuration may also constrain buyer demand, as larger families would look elsewhere. These factors are not weaknesses but are opportunities for a buyer to negotiate from a position of understanding, particularly if the property has been well-maintained or offers scope for personalisation.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/49 Albatross Street, Kewarra Beach QLD 4879
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Kewarra Beach is a professionally-oriented coastal suburb experiencing robust demand, evidenced by rapid sales and strong price appreciation across both houses and units. This growth is underpinned by a tight rental market with rising yields, indicating sustained investor and occupier interest. The suburb’s appeal to higher-income professionals supports its current momentum, though the accelerated unit price growth suggests a dynamic market with potential for continued capital gains driven by its established demographic profile and constrained supply.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
829m²
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