Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Coolangatta › Mclean St

7/45 Mclean St, Coolangatta QLD 4225

For saleUnit

$1,895,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,895,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,895,000(Listing record · 29 May 2026)
  • CalculationAsk is 4% below the Coolangatta median recorded sale ($1,975,000, n=10, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Coolangatta's advertised median rent ($811/wk), implied gross yield would be 2.23% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,895,000

Asking

No recorded sale for this property.

Coolangatta at a glance

7,434

People

$1,975,000

Median sale

$811/wk

Median rent

2.14%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Coolangatta report →

Vs Coolangatta

-4.1%

Median sale

Suburb $1,975,000

+0.09 pp

Gross yield

Suburb 2.14%

Suburb median $1,975,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,895,000
Stamp Duty (Queensland)
$89,488
Transfer/Registration Fee
$8,256
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,996,444

$101,444 on top of the price (5.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Coolangatta's advertised median rent — not a rent for this listing.

Net yield
0.73%
Annual cashflow (pre-tax)
$-84,793
Interest cover (DSCR)
0.14
Annual rent
$42,172
Operating expenses
$28,425
Loan amount
$1,516,000
Annual interest
$98,540
Gross yield
2.23%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$1,895,000available29 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $811/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Coolangatta in one glance

Coolangatta at a glance

7,434

People

$1,975,000

Median sale

$811/wk

Median rent

2.14%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Coolangatta report →

Keep researching

  • Why Coolangatta? Read the area thesis →
  • What else is on the market in Coolangatta →
  • Other records on Mclean St →

Listing material

Listed by LJ Hooker Coolangatta/Tweed

Coastal Penthouse Living with Exclusive Rooftop Terrace!

Positioned in a tightly held boutique block of just nine, this spacious three-bedroom apartment delivers an exceptional lifestyle opportunity in the heart of Coolangatta. Just moments from world-class beaches, caf�s, dining and shopping, this unique residence combines generous proportions, privacy and an exclusive rooftop terrace rarely found in apartment living.

Occupying an elevated corner position, the light-filled interior features open plan living and dining framed by curved architectural lines and large windows that capture the coastal ambience. The true crowning feature is the enormous exclusive rooftop terrace � your own private sanctuary ideal for sunset drinks, weekend gatherings, yoga mornings or simply soaking in the sea breezes and skyline views.

Property Features:

Read the full description

� Master with ensuite and private balcony

� Spacious open plan living and dining area

� Well-equipped kitchen with ample storage

� Multiple balconies for seamless indoor-outdoor living

� Exclusive rooftop terrace approximately 127sqm

� Two secure car spaces side by side

� Boutique complex of only 9 units

� Low Body corp of $73 per week

LOCATION

Coolangatta, or �Cooly� to locals, is where laid-back beach culture meets vibrant living. Enjoy world-class surf breaks, protected north-facing beaches, and a sunny subtropical climate that beckons you into the water year-round.

This vibrant seaside town boasts fantastic dining, shopping, and entertainment, including the renowned Quiksilver and Roxy Pro surf comps, Cooly Rocks On festival, and Coolangatta Gold endurance race. It's all within walking distance or a short drive away.

At Your Doorstep:

? < 400m stroll to Coolangatta Beach

? < 400m walk to The Strand Shopping Centre

? 900m to Coolangatta State School

? 1.1km to Kirra caf�s, beach & restaurants

? 1.5km to Tweed Mall

? 2.4km to M1 access north or southbound

? 3.1km to Gold Coast International Airport

? 6.2km to John Flynn Private Hospital

Whether you are searching for a permanent residence, holiday escape or investment in a premium coastal location. This is an outstanding opportunity to secure a unique apartment in one of the Southern Gold Coast's most sought-after beachside pocket .

Your next chapter begins here - steps from the sand.

Contact Kim Gamble - LJ Hooker Southern Gold Coast

Disclaimer:

All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Listing description written by Kim Gamble, LJ Hooker Coolangatta/Tweed — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.