37/113 Landsborough Avenue, Scarborough QLD 4020
37/113 Landsborough Avenue, Scarborough QLD 4020
| Level 4 of 2 per floor | Waterfront without direct flood risk | 2016 build, low maintenance | Scarborough Beach opposite | Rooftop pool and garden |
This unit occupies a rare configuration edge—only two residences per level—giving it a semi-private floorplate that larger complexes cannot match. The 2016 build year means modern insulation, ducted air-conditioning, and structural compliance, reducing immediate capital expenditure for a buyer. Its position opposite Scarborough Beach with deep water views to Moreton Bay serves downsizers or professionals seeking a lock-and-leave coastal base, where the rooftop pool and communal entertaining area replace private garden maintenance without sacrificing lifestyle amenity. The open-plan layout with dual balconies (front water, rear pool/garden) creates genuine cross-ventilation and dual-aspect living, a feature often missing in apartments of this era.
The property sits within multiple flood planning overlays, which while not indicating historical inundation, may affect insurance premiums and future resale buyer pools—this is a cost to underwrite, not a dealbreaker. The suburb skews older (47% over 60) and owner-occupied (85%), which supports stable demand but limits capital growth velocity compared to family-dominated corridors. The 67-day average days on market for 3-bedroom units suggests buyers have choice; this unit’s differentiation is its low-density floorplate and immediate beach access. Hold as a permanent residence or medium-term lifestyle hold; its scarcity on level four should underpin value better than nearby high-volume blocks.
Detailed Independent Property Report prepared by PropCred Analyst team for 37/113 Landsborough Avenue, Scarborough QLD 4020
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
URL has been copied successfully!
Market Insight
Scarborough offers a coastal lifestyle underpinned by strong, dual-track growth. House values have risen up to 18% in the past year, while units have surged over 20%, driven by robust sales activity. Demand is anchored by an established, older demographic and is broadening to include young professionals and downsizers seeking units. This is creating a dynamic market with houses selling in approximately 40 days and units offering higher rental yields. Future performance will hinge on maintaining this broad demand base amid sustained affordability pressures.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
157m²
URL has been copied successfully!