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QLD › Coolangatta › Garrick St

U1004, 27 Garrick St, Coolangatta QLD 4225

For saleApartment

$1,945,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,945,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,945,000(Listing record · 17 July 2026)
  • CalculationAsk is 2% 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 2.17% — 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

$1,945,000

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

-1.5%

Median sale

Suburb $1,975,000

+0.03 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
$1,945,000
Stamp Duty (Queensland)
$92,363
Transfer/Registration Fee
$8,489
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
$2,049,552

$104,552 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
0.67%
Annual cashflow (pre-tax)
$-88,143
Interest cover (DSCR)
0.13
Annual rent
$42,172
Operating expenses
$29,175
Loan amount
$1,556,000
Annual interest
$101,140
Gross yield
2.17%

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$1,945,000available17 July 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 Garrick St →

Listing material

Listed by One Agency Burleigh - Miami

Designed For Life By The Coast

Positioned within the award-winning SOL Residences, this sophisticated apartment delivers an exceptional standard of contemporary coastal living, where premium finishes, generous proportions and world-class resort amenities combine to create an enviable lifestyle just steps from the golden sands of Kirra Beach.

Generously proportioned, the residence offers two oversized bedrooms plus a versatile multi-purpose room - ideal as a media room, guest retreat, home office, additional living area or to be utilised as a possible third bedroom.

Designed to maximise natural light and effortless indoor-outdoor living, the expansive open plan layout centres around a stunning designer kitchen, complete with an expansive stone waterfall island bench, premium Bosch appliances and abundant storage. Floor-to-ceiling doors extend seamlessly onto a spacious entertaining balcony where ocean vistas and refreshing sea breezes provide the perfect backdrop for relaxed mornings, long lunches and entertaining family and friends.

Read the full description

Residents of SOL Residences enjoy exclusive access to an outstanding collection of five-star resort facilities, including a sparkling heated swimming pool surrounded by luxurious cabanas and sun lounges, a poolside barbecue entertaining area with large-screen television, an elegant recreational lounge with fully equipped kitchen, private work-from-home office suites, a yoga lawn, European-style sauna and full gymnasium complete with a Pilates reformer.

Dual building entrances from Musgrave and Garrick Streets also feature convenient outdoor showers, perfect after a morning surf or swim.

Completing this exceptional offering is an unrivalled coastal lifestyle. Perfectly positioned between the vibrant Kirra and Coolangatta precincts, you'll enjoy the convenience of walking to world-famous surf breaks, pristine beaches, boutique shopping, renowned cafés, award-winning restaurants and relaxed beachfront bars.

Experience the very best of Southern Gold Coast living from this highly sought-after beachside address.

Property Features:

• Two oversized bedrooms, master suite features ensuite, walk in robe and floor to ceiling glass doors to private balcony

• Flexible floorplan allowing the multi-purpose room to seamlessly extend the living space or function as a possible third bedroom

• Open plan living and dining zones with floor to ceiling stacker doors integrating seamless indoor/outdoor flow

• Spacious entertaining balcony enjoying ocean vistas, cool sea breezes and evening lights of the sparkling Coolangatta skyline

• Designer kitchen featuring a breakfast bar with stone benchtops and premium Bosch appliances

• Two stylish bathrooms plus a separate laundry

• Zoned ducted air conditioning throughout

• Double secure car parks plus a storage cage

• SOL Residences Kirra Beach 5 Star building facilities include a sparkling heated pool with cabanas and sunbeds, poolside barbeque area with large screen TV and recreational function room with full kitchen, poolside bathroom with hot shower, a yoga lawn, European style sauna, private work from home office rooms and a fully equipped gymnasium including Pilates reformer.

Location Highlights:

Perfectly positioned to enjoy the very best of the Southern Gold Coast lifestyle, this exceptional address places pristine beaches, vibrant cafés, shopping and transport all within easy reach:

• 2 minute stroll to Kirra Beach and its world-famous surf break

• 300m to Kirra Hill lookout for a picnic with panoramic coastline views

• 500 metres to the Coolangatta beachfront and popular weekend markets.

• Enjoy the convenience of being within easy walking distance of both the Kirra and Coolangatta dining precincts, offering an outstanding selection of restaurants, bars and cafés, including Kirra Beach Hotel, George's Paragon and Siblings.

• 650 metres flat stroll to The Strand at Coolangatta for shopping, dining and everyday conveniences.

• Easy access to public transport, with Gold Coast International Airport just a 5 minute drive away

• Dual entrances from Musgrave St and Garrick St with convenient outdoor showers at both entrances to rinse off the sand after a surf or beach swim.

Contact Danny O’Donnell on 0411 401 698 to arrange your inspection.

Price Disclaimer: This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Listing description written by Danny O'Donnell, One Agency Burleigh - Miami — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Study
  • Toilets: 2
Districts

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

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