3/92 Scenic Highway, Lammermoor QLD 4703

3/92 Scenic Highway, Lammermoor QLD 4703
Beachfront ground-floor unit | tightly held Lammermoor strip | low-maintenance coastal living | strong rental demand | high body corporate fees. The propertyโ€™s primary buying case rests on its position directly opposite Lammermoor Beach in a precinct where units rarely trade, giving a buyer rare access to a prime coastal address. The ground-floor configuration with a private patio and sea breezes is a functional edge over upper-level units, suited to permanent residents seeking single-level living or investors targeting the holiday rental market. The 80 sqm internal footprint with two built-in bedrooms and secure parking meets the core needs of downsizers, young families, or second-home buyers, while the complex pool adds lifestyle appeal without personal maintenance. The local demographic skew toward long-term owners and a 31% rental population supports stable occupancy for an investment buyer. The main risk is the body corporate fee of $1,793 per quarter, which directly reduces net yield and must be factored into any cash-flow analysis. The council rates are moderate, but the combination of fees and an asking range above the most recent Domain valuation of $530,000 suggests the buyer should negotiate from a position of caution. The bushfire detection risk is noted but not prohibitive given the beachfront location. The dated rental estimate of $520โ€“$530 per week implies a gross yield around 4.8โ€“5.1% at the current price band, which is acceptable for a tightly held beachfront unit but not exceptional. The buyer should hold this property as a lifestyle-led investment with capital growth potential from scarcity, not as a high-yield play.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/92 Scenic Highway, Lammermoor QLD 4703
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Market Insight:

Lammermoor presents as a high-performing coastal suburb near Yeppoon, characterised by strong price growth and tight supply. Demand is driven by a relatively affluent demographic and investors attracted by solid rental yields. The market exhibits robust capital appreciation, though properties move at a measured pace, indicating selective buyer activity. Future growth is underpinned by its regional appeal and sustained investor interest, yet key constraints include affordability pressures from elevated prices and limited available stock, which could temper accessibility.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

-

Land

80mยฒ

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