43/1 Lyra Avenue, Hope Island QLD 4212
43/1 Lyra Avenue, Hope Island QLD 4212
Townhouse with marina berth | 3-bed, 2-bath, 5-car | 137sqm land, 230sqm floor | Strong rental yield near 4.2%
This townhouseโs marina berth is its clearest competitive edge, anchoring it in a premium waterfront lifestyle corridor that attracts owner-occupiers and tenants willing to pay above median rent. The 5-car parking is rare for a 137sqm landholding, effectively solving a constraint that limits most comparables. With a 230sqm internal area and solar PV, it suits a downsizer or investor seeking low-maintenance living with income resilience. The Fibre to the Premises NBN and 5G coverage support remote workers but are secondary to the berth and parking advantage.
Flood risk flagged in one source demands verification via Queensland Globe; if confirmed, it narrows the buyer pool and may affect insurance premiums, reducing exit liquidity. The 104-day prior listing failure signals pricing sensitivity,overpaying here would compound that. Rental history at $950/week shows achievable income, and the 4.24% yield is solid for Hope Island. Hold for rental cash flow or use as a lock-and-leave base; the berth alone justifies a premium over non-berth stock.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 43/1 Lyra Avenue, Hope Island QLD 4212
Market Insight:
Hope Island presents a high-value, dual-track market. Demand is driven by affluent professionals, with strong rental growth (8-10% annually) and robust sales activity underpinning the unit sector, which has seen 6% price growth. However, the premium house segment faces headwinds, with prices down 2-5% and extended 65-day marketing times reflecting affordability constraints. Future growth hinges on sustained rental demand, but high entry prices and divergent performance between houses and units remain key considerations.