4/3 New Street, Urangan QLD 4655

4/3 New Street, Urangan QLD 4655
Top-floor unit | renovated interior | short stroll to beach | low-maintenance complex | quiet, sought-after pocket. This property presents a low-maintenance coastal lifestyle opportunity with a clear risk profile. The primary financial mechanism is the strata title, which introduces ongoing fee obligations and potential for special levies, costing the buyer control over major capital expenditures. Its compact size and single bathroom configuration limit its appeal to smaller households or investors, suggesting it is best held as a long-term lifestyle purchase or a straightforward rental, not for capital-intensive portfolio growth. The judgment is to acquire for personal use or a stable, low-touch investment, not for speculative value-add. Its competitive strength lies in its position and condition. Being a renovated, top-floor unit metres from the Esplanade in a well-maintained complex is a rare combination in this market, offering immediate livability without compromise. The modernised kitchen, split-system air conditioning, and private balcony directly serve a downsizer or professional seeking a lock-and-leave beachside lifestyle, positioning the buyer in a segment with consistent demand. This unit serves a specific buyer profile exceptionally well. For a definitive assessment of its value against recent sales, a tailored comparison report is essential.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Urangan’s property market is characterised by strong house price growth, with median values between $725k and $763k and annual gains of 7.7% to 16.95%, indicating robust demand. This demand is primarily driven by the rental market, where weekly rents for houses have increased by up to 8.3%, reflecting high tenant competition. However, a key constraint is emerging buyer caution, evidenced by houses taking 21 to 63 days to sell, suggesting a more measured market pace despite the upward price momentum.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

92mΒ²

Assessments Delivered Today

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