209/10 Leeding Terrace Caloundra QLD 4551
209/10 Leeding Terrace Caloundra QLD 4551
2 bed unit on 101m² lot|Built 2009, 2nd floor|Est value $952k-$1.2m | Recently listed over $860k | Rental yield ~3.8%. This two-bedroom unit on a 101m² lot suits downsizers or couples seeking low-maintenance coastal living with beach access. Occupying the second floor in a well-managed complex, it delivers spacious open-plan living at 101m² internally, blending indoor-outdoor flow via an expansive terrace ideal for relaxed entertaining. Its contemporary 2009 build stands out among similar units on the street, where two-bedroom peers have posted steady 9-12% annual growth over recent holdings. Positioned directly opposite Bulcock Beach and the Pumicestone Passage, the unit captures premium waterfront proximity without direct exposure to street traffic, enhancing its appeal in a tightly held building. Buyers drawn to these properties are often retirees or professionals valuing secure parking, onsite pools, and a short stroll to cafes, with school catchments adding family crossover potential. Comparable sales in the complex, like a $900k two-bed unit after four years, signal reliable capital performance amid Caloundra’s 18.9% suburb growth. Lacking overlays for flood or bushfire, it offers clean holding value, supported by NBN and 5G coverage for modern needs. Long-term, its location near hospital and airport precincts positions it for enduring demand as Sunshine Coast infrastructure expands. Energy rating aside, the practical layout ensures broad renter interest at $715-$855 weekly.
Detailed Independent Property Report prepared by PropCred Analyst team for 209/10 Leeding Terrace Caloundra QLD 4551
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Lifestyle migration, family-friendly beaches, and the upcoming Caloundra Rail project keep demand firm even though rising construction costs and labour shortages are limiting new supply, so buyers are still competing for existing stock and vacancy remains tight. People continue to buy for the relaxed coastal lifestyle, good schools, and stronger rents, making the suburb attractive to investors while affordability pressures and slower unit sales deserve attention. Prices have nudged ahead roughly 2% in the past quarter, keeping the 12-month trajectory positive and supporting the growth narrative, yet future gains hinge on balancing tight demand with value for buyers.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
101m²
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