51/8 Levuka Avenue Kings Beach QLD 4551
51/8 Levuka Avenue Kings Beach QLD 4551
2 bed unit in beachside complex |Est $960k-$1.07m value |Large 3367m² strata block |Low maint appeal for retirees | 53 days avg market time|This two-bedroom two-bathroom unit with single parking in a strata-titled complex on a substantial 3367sqm block suits downsizers or investors seeking coastal lock-up-and-leave living near Caloundra schools.
The generous shared block size sets it apart from smaller units, offering landscaped grounds that enhance privacy and outdoor access without the burden of full yard upkeep. Positioned within a low-density Levuka Avenue development, it blends seamlessly into Kings Beach’s established streetscape of similar strata units, avoiding the premium pricing of standalone beachfront homes. Retirees and holiday homeowners typically target these setups for their dual functionalityeasy year-round residency or seasonal rental income with a projected 3.75-3.9% yield. Comparable two-bedroom units here have tracked suburb growth of around 10-11% annually, spending moderate time on market amid balanced demand. Its off-market status underscores steady holding value, with no flood or bushfire risks bolstering long-term security. School catchments add versatility for part-time family use, while the apartment-style build ensures minimal maintenance costs over time. Past sales of peers like $760k nearby reinforce its positioning above the $785k median for the bedroom configuration. This configuration promises resilience in a market favoring compact coastal assets with oversized land support.
Detailed Independent Property Report prepared by PropCred Analyst team for 51/8 Levuka Avenue Kings Beach QLD 4551
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
2
Execution Risk
URL has been copied successfully!
Market Insight
Kings Beachs demand is driven by its beachside lifestyle, strong holiday?rental appeal and limited developable land, attracting investors, downsizers and lifestyle buyers.
Opportunities come from medium?density projects and ongoing Sunshine Coast demand, but planning disputes, environmental constraints and a high unit share are risks; prices have risen noticeably in recent months with solid gains for both houses and units.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
URL has been copied successfully!