3/8 Levuka Avenue, Kings Beach QLD 4551

3/8 Levuka Avenue, Kings Beach | 193sqm beachside unit | sold $1.31M Sep 2023 | current estimates $2.1M-$2.27M | 198% growth since 2000 This property is a rare configuration in Kings Beach,a 193-square-metre three-bedroom unit with two car spaces, offering internal space comparable to a small house. Its 2023 sale at $1.31M already sat well above the suburb median for three-bedroom units, and current estimates suggest a further 60-73% uplift, reflecting strong post-2023 demand driven by interstate migration to the Sunshine Coast. The unit suits buyers seeking a premium beachside position with room to move, particularly owner-occupiers who value generous living areas, a chef’s kitchen, and king-size bedrooms with built-ins. The master suite with ensuite and additional storage reinforces its appeal as a long-term home rather than a pure investment play. The primary risk is the gap between the 2023 sale price and current estimates,buyers must verify whether the uplift reflects genuine market movement or speculative pricing. The property is not currently listed, so access requires tracking via agents or databases, and any purchase will likely involve negotiation from an off-market position. Rental yield at 3.4% is modest for the suburb, making this better suited to capital growth than cash flow. Holding strategy: secure as a primary residence to capture lifestyle value and long-term appreciation, or hold for five-plus years to ride the Sunshine Coast’s structural demand curve.