2A/19 Peak Avenue, Main Beach QLD 4217
2A/19 Peak Avenue, Main Beach QLD 4217
3 bed 2 bath | 198 m² | premium beachside pocket | 2 car spaces | $1,000/week rent potential
This apartment occupies a genuinely strong position within Main Beach’s Peak Avenue precinct, where the housing stock leans toward oversized, high-spec residences rather than standard apartment product. At 198 m², it sits comfortably in the large-format band, which appeals directly to downsizers and owner-occupiers seeking space without moving to a house. The 3-bed, 2-bath configuration with dual parking is the kind of layout that holds demand across both owner-occupier and rental markets, and the absence of bushfire, flood, or heritage overlays removes a layer of complexity that can otherwise slow a purchase decision. Its location within established school catchments and a walkable coastal setting strengthens its appeal to families and semi-retired buyers alike.
The value picture may be shaped by how the apartment compares to others in the building, particularly its floor level, orientation, and outlook, none of which are confirmed in the available record. Finishes and renovation status could also influence price meaningfully, given that nearby stock with premium upgrades and views commands a noticeable premium. Buyers should weigh whether the 198 m² layout delivers the same level of amenity as newer or renovated comparables, and whether the parking discrepancy between sources signals a configuration difference worth clarifying. The estimated rent of $1,000 per week suggests solid income potential, though the capital value implied by recent sales in the street means yield is likely modest.
|| Comparable Sales: 3/19 Peak Avenue sold $1.8M in Jul 2025; 2/19 Peak Avenue sold $855K in Dec 2020 | Property Price Band: $1.7M–$1.9M | Value Drivers: floor level, renovation quality, outlook, parking configuration
Detailed Independent Property Report prepared by PropCred Analyst team for 2A/19 Peak Avenue, Main Beach QLD 4217
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Main Beach remains a premium Gold Coast enclave where apartment demand is underpinned by professionals and high-net-worth buyers drawn to dining, riverfront high-rises and walkability. Units median $1.7m, up 6.3% annually, with 199 sales; houses are volatile, falling 24.5% to $2.425m on just 30 sales. Houses rent for $1,150 weekly (3.0% yield), units $900 (3.4%). Light Rail Stage 3 and marina redevelopment support long-term infrastructure, but house price volatility and reduced affordability — Gold Coast median unit prices near $956k — constrain the detached segment.
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PropCred Estimated Value
Comparable Sales: 3/19 Peak Avenue sold $1.8M in Jul 2025; 2/19 Peak Avenue sold $855K in Dec 2020 | Property Price Band: $1.7M–$1.9M | Value Drivers: floor level, renovation quality, outlook, parking configuration
Bedrooms
3
Bathroom
2
Parking
1
Land
2123m²
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