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QLD › Main Beach › Cronin Ave

U21305, 11 Cronin Ave, Main Beach QLD 4217

For saleApartment

$1,695,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,695,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,695,000(Listing record · 30 July 2026)
  • CalculationAsk is 44% 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 2.92% — 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

$1,695,000

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

-43.5%

Median sale

Suburb $3,000,000

+1.27 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
$1,695,000
Stamp Duty (Queensland)
$77,988
Transfer/Registration Fee
$7,325
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
$1,784,013

$89,013 on top of the price (5.3% 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
1.42%
Annual cashflow (pre-tax)
$-64,009
Interest cover (DSCR)
0.27
Annual rent
$49,556
Operating expenses
$25,425
Loan amount
$1,356,000
Annual interest
$88,140
Gross yield
2.92%

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$1,695,000available30 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 2.9%. 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 LLOYD ESTATE AGENTS

A Brand-New Residence, Thoughtfully Finished and Ready to Enjoy

Positioned on the 13th floor of the newly completed Sunset Tower within Lagoon Main Beach, this beautifully finished residence presents an opportunity to experience brand-new coastal living without the additional cost and effort often required to complete a new apartment after settlement.

While the architecture and interior finishes establish an impressive foundation, it is the thoughtful additions made by the current owner that give this residence a genuine move-in-ready advantage. Remote-controlled blinds, professionally selected window furnishings and elegant sheers have already been installed throughout, providing privacy, light control and a refined final layer to the interiors. These are significant inclusions within a home defined by expansive glazing—removing another considerable expense and allowing the next owner to enjoy the apartment immediately.

Spanning 126m², the residence combines two bedrooms with a versatile multi-purpose room, two beautifully appointed bathrooms, generous open-plan living and dining, two secure car spaces and private basement storage.

Read the full description

Clean architectural lines, natural textures and a sophisticated neutral palette create an interior that feels contemporary without being overstated. Floor-to-ceiling windows draw natural light deep into the living spaces while capturing an impressive outlook across the ocean, river, surrounding parklands and Gold Coast hinterland.

Double-glazed windows provide an important benefit within the apartment's modern construction, improving acoustic insulation and helping reduce external noise to create a quieter, more private internal environment. They also support improved thermal performance, working alongside ducted air-conditioning to maintain year-round comfort.

The living and dining areas extend naturally onto a spacious entertaining balcony, creating an effortless connection between the interior and its elevated coastal surroundings. From morning light across the coastline to the changing colours of the afternoon sky over the hinterland, the apartment offers a different perspective throughout the day.

At the centre of the home, the designer kitchen pairs natural timber cabinetry with engineered stone benchtops, premium European appliances and a generous island bench. The result is a space that is visually refined, highly functional and designed to remain connected with the living areas, balcony and surrounding views.

The master suite provides a calm and private retreat with generous wardrobe space, a contemporary ensuite and an abundance of natural light. The second bedroom is complemented by an equally well-appointed main bathroom, while the multi-purpose room introduces valuable flexibility. It can be used as a media room, home office, occasional guest space or second living area, allowing the apartment to adapt to different stages of life.

A separate laundry, excellent internal storage, two secure basement car spaces and a private storage cage add the practical elements required for comfortable permanent living.

Completed in 2026 by Drew Group and constructed by Hutchinson Builders, Lagoon represents a new generation of residential living in Main Beach. Buyers benefit from contemporary construction standards, modern building systems and applicable developer and statutory warranty protections during the building's early years, providing an added level of confidence that is not always available when purchasing within an older development.

The building's competitive body corporate structure further strengthens the ownership proposition. It provides access to an extensive collection of high-quality resort and lifestyle facilities while maintaining ongoing costs at an attractive level compared with many established luxury buildings offering a similar range of amenities.

Residents enjoy an expansive lagoon-style swimming pool, heated spa, fully equipped gymnasium, yoga and wellness studio, residents' lounge and co-working spaces. Landscaped entertaining areas, private dining facilities, barbecue pavilions and beautifully designed outdoor relaxation zones create a genuine extension of the home and provide spaces to work, exercise, entertain or unwind without leaving the development.

Lagoon's location brings together the best elements of the Main Beach lifestyle. The golden sands of Main Beach, Tedder Avenue's cafés and restaurants, Marina Mirage, the Broadwater, Southport Yacht Club and MacIntosh Island Parklands are all within easy reach.

The nearby G:link light rail provides convenient connectivity north towards Southport, Griffith University and the Gold Coast University Hospital, and south through Surfers Paradise, Broadbeach and the wider coastal corridor. Everyday amenities, shopping, dining, recreation and transport are all close at hand, while the residence retains the privacy and relaxed character for which Main Beach is so highly regarded.

For buyers considering a new apartment, Apartment 21305 offers more than a brand-new residence. It provides the advantage of a home where the window furnishings, remote-controlled blinds and important finishing details have already been completed, supported by the contemporary construction, ownership efficiencies and extensive facilities of one of Main Beach's most significant new developments.

This is an opportunity to move straight in and enjoy a refined coastal home where the work has been completed, the lifestyle is established and Main Beach is waiting at the doorstep.

We welcome your enquiry and invite you to experience Apartment 21305 Lagoon Main Beach firsthand. For further information or to arrange your private inspection, contact Mathew Lloyd on 0411 028 676 or Wayne Hope on 0452 389 266.

Listing description written by Mathew Lloyd, LLOYD ESTATE AGENTS — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Gym
  • Intercom
  • Living Areas: 2
  • In-Ground Pool
  • Secure Parking

Also look at

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

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

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