9/162 Marine Parade, Coolangatta QLD 4225

9/162 Marine Parade, Coolangatta QLD 4225
Rare 2-bed beachfront apartment | Small 21-unit boutique building | Rainbow Bay/Snapper Rocks position | Owner-occupier tenure above 5 years | No recent building sales What makes this property competitively strong is its position in a small beachfront building on Marine Parade, where 2-bedroom apartments are scarce compared to the larger towers dominating Coolangatta. The average owner-occupier tenure of over five years suggests a stable community rather than transient holiday stock, which typically appeals to downsizers and coastal lifestyle buyers seeking genuine beachfront living. The building’s small scale means fewer neighbours and a quieter atmosphere, while the Rainbow Bay and Snapper Rocks outlook provides a premium coastal amenity that is difficult to replicate inland. This unit best suits a buyer who values location scarcity and direct beach access over internal square footage or modern finishes. Several factors may influence how a buyer forms a view on price here. The building has recorded no sales in the past twelve months, which means recent comparable evidence is thin and price discovery relies on broader market conditions rather than direct building transactions. The unit’s exact floor level, aspect, and renovation state are not confirmed from available data, and these variables can materially affect value in a beachfront setting where outlook and quality of finishes carry significant weight. A buyer should also consider that small buildings often have higher per-unit body corporate costs and less flexibility for major capital works, though this may be offset by the scarcity premium of the location itself.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 9/162 Marine Parade, Coolangatta QLD 4225
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Market Insight:

Coolangatta is a premier coastal suburb experiencing robust demand from interstate buyers seeking a relaxed lifestyle, consistently outstripping limited supply. This has driven strong price appreciation across both houses and units, supported by a tight rental market with low vacancy. Future growth is underpinned by ongoing infrastructure enhancements and its airport proximity, though interest rate sensitivity and constrained new supply present key market constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

300mยฒ

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