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QLD › Main Beach › Montgomery Ave

U21, 22 Montgomery Ave, Main Beach QLD 4217

For saleApartment

$2,195,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

6,598 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,195,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,195,000(Listing record · 8 July 2026)
  • CalculationLand 6,598 m² against a 194 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 27% 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 2.26% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$2,195,000

Asking · $333/m² of land

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

-26.8%

Median sale

Suburb $3,000,000

+0.61 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
$2,195,000
Stamp Duty (Queensland)
$106,738
Transfer/Registration Fee
$9,653
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
$2,315,091

$120,091 on top of the price (5.5% 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
0.76%
Annual cashflow (pre-tax)
$-97,509
Interest cover (DSCR)
0.15
Annual rent
$49,556
Operating expenses
$32,925
Loan amount
$1,756,000
Annual interest
$114,140
Gross yield
2.26%

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$2,195,000available8 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 $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 2.3%. 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 Montgomery Ave →

Listing material

Listed by Ray White Advantage

194m2 OF LUXURY LIVING OVERLOOKING THE BROADWATER - 2 + STUDY EASILY CONVERTED TO 3 BEDROOMS - 2ND CAR SPACE AVAILABLE FOR LONG TERM RENTAL

A rare opportunity to secure a beautifully appointed apartment in one of Main Beach's most tightly held residential-only buildings, The Waratah. Ideally positioned at the preferred northern end of Main Beach, the building sits on an exceptionally large 6,598m2 parcel of land, providing an abundance of open space (and natural light!) between you and neighbouring buildings.

Currently configured as a 2-bedroom apartment, this gorgeous residence can be easily and inexpensively transformed into a genuine 3-bedroom apartment, as many of these generously sized apartments have been within the building.

Spanning an impressive 194m2, this exceptional residence offers expansive open-plan living areas that flow seamlessly onto wrap-around balconies, capturing the space, privacy and lifestyle that continue to make the Main Beach precinct so highly sought-after.

Read the full description

From the moment you enter, the warmth and elegant design are immediately apparent. A spacious entrance foyer leads through to the open-plan lounge, kitchen and dining areas, where premium finishes and an abundance of natural light create a sophisticated yet welcoming atmosphere.

The chef-inspired kitchen showcases premium stone finishes, combining style with functionality. Every detail has been carefully considered to deliver a home that is elegant, comfortable and ready to enjoy.

The oversized main bedroom suite offers exceptional comfort, complete with a spacious walk-through robe leading to a beautifully appointed ensuite. The second bedroom features built-in robes, peaceful garden outlooks and refreshing sea breezes. A separate media room provides outstanding flexibility and could easily be converted into a third bedroom, making this residence ideal for permanent living, a luxurious coastal retreat or a prestige Main Beach investment.

Positioned on Level 5 on the prized north-east corner of the building, the apartment enjoys spectacular 270-degree views across the Broadwater, Main Beach, the Pacific Ocean and the Gold Coast Hinterland. Floor-to-ceiling glass enhances the sense of openness while maximising the breathtaking outlook from every angle.

Key Features

* Prestigious residential-only building in the heart of Main Beach

* Two spacious bedrooms, two bathrooms, plus a separate study, office or third bedroom

* Stylish decor and immaculate presentation throughout

* Approximately 194m2; of open-plan living and balcony space

* Expansive wrap-around balconies with Broadwater and ocean vistas

* Desirable north-east corner position with floor-to-ceiling glass and beautiful natural light

* Exceptional presentation with quality finishes throughout

* Large lock-up storage area included

The Waratah is ideally located within easy walking distance of Tedder Avenue's boutique cafes, restaurants and shopping, as well as the beach, Southport Yacht Club, Southport Surf Club and the Broadwater. The building also offers very reasonable body corporate fees and an outstanding selection of resident facilities, including:

* Heated indoor pool, spa and sauna

* Fully equipped gymnasium

* Billiard room and library

* Outdoor pool and full-size tennis court

* BBQ pavilion with a full kitchen

* Putting green and community gardens - think fresh fruit, vegetables and herbs!

* Secure car parking - 2nd car space available for long term rental

Main Beach is one of the Gold Coast's most desirable coastal suburbs, bordered by the sparkling Pacific Ocean and the tranquil Broadwater. Residents enjoy boutique shopping, alfresco dining, patrolled beaches, scenic walking and cycling paths, and convenient access to the G light rail, all within a short stroll.

Apartments offering this level of space, position and quality within a residential-only building are becoming increasingly difficult to secure. Buyers seeking an exceptional Main Beach residence with generous proportions, spectacular views and long-term prestige are encouraged to act promptly. Our sellers have already purchased elsewhere and are fully committed to achieving a sale. Don't miss this outstanding opportunity to secure a luxurious Main Beach lifestyle. Contact Paul or Libby today to arrange your private inspection.

Disclaimer:

In preparing this information, we have used our best endeavours to ensure the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability in respect of 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 Paul Collins, Ray White Advantage — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gym
  • Intercom
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Study
  • Tennis Court

Also look at

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  • 74/29-39 Woodroffe Ave, Main Beach QLD 4217

    3-bed apartment. Asking $3M.

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  • 5/29-39 Woodroffe Ave, Main Beach QLD 4217

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Districts

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

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