703/101 Marine Parade, Redcliffe QLD 4020
703/101 Marine Parade, Redcliffe QLD 4020
| 7th floor bay views | 74mยฒ single-bed | 100% owner-occupied building | Redcliffe fringe | limited stock in this configuration
This property occupies a rare position within Redcliffe’s apartment market: a 74mยฒ one-bedroom on the seventh floor with unobstructed bay views in a building where every unit is owner-occupied. That ownership profile is almost unheard of for coastal apartment blocks and directly translates into lower turnover, better common area maintenance, and a resident profile that tends to protect capital values. For a buyer seeking a permanent coastal residence or a high-quality lock-and-leave, the combination of size, aspect, and building character gives this unit a structural advantage over the typical investor-heavy stock that dominates the suburb’s median-priced offerings.
The primary risk is the price gap. At an estimated $680k, this unit sits roughly $135k above the suburb’s one-bedroom median, and that premium is entirely carried by the view and building qualityโnot by land or scarcity of supply in the broader market. Redcliffe’s demographic skew toward older residents and low auction clearance rates suggest limited depth of buyer demand at this price point, meaning resale may take longer if market conditions soften. The opportunity lies in the fact that comparable units with this view and ownership profile rarely list, so a buyer willing to hold for five-plus years effectively buys into a micro-market with constrained supply. Use this as a long-term coastal base or a second residence; do not rely on short-term capital growth to justify the entry price.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
Market Insight:
Redcliffe is a coastal suburb undergoing a significant transformation, with upgraded infrastructure and a maturing demographic profile driving strong demand. The market is characterised by robust price appreciation across both houses and units, reflecting a competitive environment with properties transacting efficiently. Future growth is anchored by major public investments and its relative affordability compared to Brisbane, though mortgage and rental affordability pressures present a key constraint for certain segments.