3/11 Advance Place, Sunrise Beach QLD 4567

3/11 Advance Place, Sunrise Beach QLD 4567
Dual-level coastal living | 106sqm on 228sqm lot | Secure garage | Fully fenced yard | Strong rental yield potential The property’s configuration is its primary competitive advantage: a townhouse-style unit with bedrooms and bathroom downstairs and open-plan living upstairs, a layout rarely found in this price bracket. The fully fenced, 228sqm lot with courtyard and outdoor entertainment area offers genuine low-maintenance, secure space, appealing directly to downsizers, holiday-home buyers, and investors seeking a dual-income rental. Its position in Sunrise Beach, within the Noosa Shire catchment for Sunshine Beach schools and with no environmental overlays, reduces holding risk while capitalising on sustained coastal demand. The primary risk is the property’s age—built in 1995—which may require near-term maintenance on roof, plumbing, or electrical systems, costs a buyer should budget for. The conflicting market status (active listing versus recent sale records) signals possible off-market or delayed settlement, requiring verification of title and tenancy. Commercial logic supports purchase as a hold-and-lease strategy: with rental yields between $710–$860 per week, the property can generate positive cash flow while benefiting from Noosa’s upward unit price trajectory. Use it as a lock-and-leave holiday home or a long-term rental, with capital growth driven by scarcity of this lot size in the suburb.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/11 Advance Place, Sunrise Beach QLD 4567
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk 2
Income Risk 2
Execution Risk 2
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Market Insight

Sunrise Beach is a premium coastal suburb experiencing robust demand, primarily driven by lifestyle-seeking professionals and families from Brisbane, capitalising on the region’s tight supply. This has fuelled strong recent price growth across both houses and units. Future prospects are supported by sustained interstate migration and the upcoming 2032 Olympics, though affordability pressures and interest rate sensitivity present headwinds for more budget-conscious buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

228m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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