257 Bicentennial Drive, Agnes Water QLD 4677

Rural acreage near surf | Bushfire overlay flagged | Lifestyle premium over home finish | Rental yield below 4% This property’s primary buying case rests on its combination of a 1.62-hectare parcel within two minutes of Agnes Water’s beach, a configuration that is genuinely rare in this coastal corridor. The land size and low-density setting give a buyer positional advantage over standard residential lots, particularly for those seeking privacy, hobby space, or a lifestyle holding that can accommodate multiple vehicles or storage. The dwelling itself is modest—three bedrooms, one bathroom, 132 square metres—so the value is almost entirely in the land and location, not the house finish. This property best suits a buyer who prioritises acreage proximity to surf over a turnkey home, and who is comfortable with a longer hold horizon where the land’s scarcity may compound. The bushfire overlay is the primary specific risk and should be factored into insurance costs and any future building plans. The asking price sits above the estimated market value, which signals that the seller is pricing for strategic or lifestyle demand rather than recent comparable sales. On the opportunity side, the reliable NBN and 4G coverage support remote work or rental use, and the property’s 2022 lease history confirms it can generate income, though the estimated $550 per week yield is below typical investment thresholds. For a buyer who can look past the basic dwelling and accept the bushfire overlay, the key opportunity is securing a large coastal block in a market where such holdings are increasingly absorbed.