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QLD › Main Beach › Cronin Ave

U20802, 11-23 Cronin Ave, Main Beach QLD 4217

For saleApartment

$2,575,000

For sale

Asking

3

Bedrooms

3

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,575,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,575,000(Listing record · 10 Aug 2026)
  • CalculationAsk is 14% below the Main Beach median recorded sale ($3,000,000, n=5, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Main Beach's advertised median rent ($953/wk), implied gross yield would be 1.92% — 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

$2,575,000

Asking

No recorded sale for this property.

Main Beach at a glance

4,444

People

$3,000,000

Median sale

$953/wk

Median rent

1.65%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Main Beach report →

Vs Main Beach

-14.2%

Median sale

Suburb $3,000,000

+0.27 pp

Gross yield

Suburb 1.65%

Suburb median $3,000,000 from 5 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$2,575,000
Stamp Duty (Queensland)
$128,588
Transfer/Registration Fee
$11,422
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
$2,718,710

$143,710 on top of the price (5.6% 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 Main Beach's advertised median rent — not a rent for this listing.

Net yield
0.42%
Annual cashflow (pre-tax)
$-122,969
Interest cover (DSCR)
0.08
Annual rent
$49,556
Operating expenses
$38,625
Loan amount
$2,060,000
Annual interest
$133,900
Gross yield
1.92%

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$2,575,000available10 Aug 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 $953/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 1.9%. 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

Main Beach in one glance

Main Beach at a glance

4,444

People

$3,000,000

Median sale

$953/wk

Median rent

1.65%

Suburb gross yield

Median sale from 5 recorded sales (last 24 months) — a Districts calculation.

See the full Main Beach report →

Keep researching

  • Why Main Beach? Read the area thesis →
  • What else is on the market in Main Beach →
  • Other records on Cronin Ave →

Listing material

Listed by Keys Realty Gold Coast

Sunset Tower's Most Coveted ‘02’ North Corner Residence – 3 Beds + 2 Living Rooms + 2 Cars + Storage

NOW ON THE MARKET!

Perfectly positioned on the prized northern corner of Lagoon's Sunset Tower, this exceptional residence captures breathtaking 180-degree views across the Broadwater to the hinterland, with an ocean glimpse completing the panorama. By day the outlook is spectacular, while each evening delivers some of the Gold Coast's most beautiful sunsets.

Making its first appearance on the resale market since Lagoon completed 3 months ago, this coveted '02' design was the first apartment type to sell out during the original off-the-plan release. At 174m², it is the largest 3-bed floorplan in Lagoon and enjoys a huge north-west facing balcony, protected from the prevailing southerly winds, creating an exceptional year-round outdoor living space accessed directly from both the living room and master suite.

Read the full description

The thoughtfully designed floorplan offers a fabulous entertainer's kitchen with premium finishes flowing onto an open-plan living and dining space. The luxurious master retreat features a truly standout ensuite complete with a double vanity, double shower, freestanding floating bath and the rare inclusion of natural light. Bedrooms 2 & 3 are privately positioned with their own adjoining second living area and bathroom, creating the perfect space for family or guests.

Lagoon is Main Beach's newest luxury residential address, offering residents a host of exceptional features including high-tech facial recognition security, resort-style pool and spa, fully-equipped gym, resident lounges, work-from-home offices, business boardrooms, on-site management and a welcoming pet-friendly community.

Property Features

• 3 bedrooms plus separate media room/second living area

• 2 bathrooms plus separate powder room

• First Sunset Tower '02' residence offered for sale since completion

• Largest 3-bedroom standard floorplan in the building (171m²)

• Premium north-west corner position

• Sweeping 180-degree Broadwater, hinterland, and ocean glimpse views

• Huge north-west facing balcony protected from prevailing southerly winds

• Living room and master bedroom both flow seamlessly onto the balcony

• Floor-to-ceiling double glazing, ducted air conditioning, stone benchtops and designer fixtures and fittings

• Master suite with luxury ensuite featuring double vanity, double shower, floating bath and natural light

• Bedrooms two and three privately positioned with adjoining second living area

• Mud room entry with additional storage plus separate laundry

• Furnishings available by negotiation

• Two premium Basement 1 secure car spaces plus private storage cage adjacent to the lift

• Resort-style facilities including pool, spa, gym and yoga space, resident lounges, work-from-home offices, private business boardrooms, BBQ areas and beautiful alfresco entertaining areas, facial recognition security, on-site management and a pet-friendly community

Disclaimer:

Disclaimer:

In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Listing description written by Angie Croy, Keys Realty Gold Coast — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Gym
  • Intercom
  • Living Areas: 2
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • 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.