28/21 Shute Harbour Road, Cannonvale QLD 4802

28/21 Shute Harbour Road, Cannonvale QLD 4802
Spacious 178mยฒ layout | Quiet rear complex position | Sought-after 3-bed, 2-bath, 2-car config | Low-overlay planning zone The property’s configuration is its primary competitive advantageโ€”178 square metres of internal space is generous for a three-bedroom apartment, placing it above typical stock. Dual parking and two bathrooms add practical liveability for owner-occupiers or holiday-home buyers, while the quiet rear positioning in Baybreeze complex offers privacy often lacking. This combination serves buyers seeking a spacious low-maintenance home in a well-connected coastal location without density compromises. The principal risk is the discrepancy in documented building area between sources, warranting independent verification despite listing data being prioritized. The 2024 sale at $360,000 sits below current estimates, suggesting rapid appreciation that may or may not be sustained. However the absence of flood or bushfire overlays and the large 3.26-hectare site provide structural security. Opportunities lie in appeal to permanent residents and short-term rental investors given proximity to Airlie Beach and marina amenities.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 28/21 Shute Harbour Road, Cannonvale QLD 4802
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight:

Cannonvale is a high-growth coastal suburb with a young, trades-oriented demographic and 52.7% owner-occupancy. Demand is driven by lifestyle buyers and a tight housing supply, with population growth of 15.4% over five years. House prices, around $850k, have grown over 14% annually, while units have surged over 23%, supported by strong rental yields near 6%. Future growth is underpinned by significant regional investment and master-planned communities, though risks include a persistent undersupply of houses and uneven unit market performance.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

3.26 ha

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat