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QLD › Maroochydore › Memorial Ave

U305, 62 Memorial Ave, Maroochydore QLD 4558

For saleUnit

$1,550,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

156 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,550,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,550,000(Listing record · 6 Aug 2026)
  • CalculationAsk is 16% above the Maroochydore median recorded sale ($1,340,000, n=49, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Maroochydore's advertised median rent ($746/wk), implied gross yield would be 2.50% — 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

$1,550,000

Asking · $9,936/m² of land

No recorded sale for this property.

Maroochydore at a glance

23,325

People

$1,340,000

Median sale

$746/wk

Median rent

2.89%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Maroochydore report →

Vs Maroochydore

+15.7%

Median sale

Suburb $1,340,000

-0.39 pp

Gross yield

Suburb 2.89%

Suburb median $1,340,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,550,000
Stamp Duty (Queensland)
$69,650
Transfer/Registration Fee
$6,627
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
$1,629,977

$79,977 on top of the price (5.2% 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 Maroochydore's advertised median rent — not a rent for this listing.

Net yield
1.00%
Annual cashflow (pre-tax)
$-65,058
Interest cover (DSCR)
0.19
Annual rent
$38,792
Operating expenses
$23,250
Loan amount
$1,240,000
Annual interest
$80,600
Gross yield
2.50%

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$1,550,000available6 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 $746/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 2.5%. 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

Maroochydore in one glance

Maroochydore at a glance

23,325

People

$1,340,000

Median sale

$746/wk

Median rent

2.89%

Suburb gross yield

Median sale from 49 recorded sales (last 12 months) — a Districts calculation.

See the full Maroochydore report →

Keep researching

  • Why Maroochydore? Read the area thesis →
  • What else is on the market in Maroochydore →
  • Other records on Memorial Ave →

Listing material

Listed by Ray White Maroochydore

Boutique Coastal Living in the Heart of Cotton Tree

*Open Home Access via 17 The Esplanade, Maroochydore*

Welcome to 'Cotton Tree' by Mosaic, a boutique collection of just 41 residences across seven levels, thoughtfully positioned within two architecturally refined buildings with dual frontage to both Memorial Avenue and the iconic Esplanade. Designed to sit effortlessly within the character of Cotton Tree, the development balances coastal elegance, enduring architecture and owner occupier focused living, complemented by a carefully curated collection of resident amenities.

Residents enjoy convenient access via both Memorial Avenue and The Esplanade, placing Cotton Tree Park, the Maroochy River and the surf beach just moments from the front door. Designed in collaboration with award-winning architecture firm Bureau Proberts, the building establishes a new benchmark for coastal living, with sculptural forms, soft curves, layered screening and natural materials carefully composed to reflect the beauty of this unique setting where the village meets the river and the ocean.

Read the full description

The apartment itself features:

• Open plan living and dining that flows seamlessly onto a generous balcony, creating effortless indoor outdoor living

• Three generous bedrooms, including a luxurious master suite with walk through robe and ensuite

• Separate multi purpose room, ideal as a home office, guest bedroom or additional living space

• Ducted air conditioning and premium fixtures and finishes throughout

• Secure lift access with key fob entry directly to your residence

• Secure basement parking with two side by side car spaces and intercom access

Framed by generous proportions and abundant natural light, the residence has been thoughtfully designed to create a seamless connection between indoor and outdoor living. Large expanses of glazing draw the surrounding landscape into the home, while the spacious balcony becomes a natural extension of the living area, perfect for entertaining or simply enjoying the relaxed coastal atmosphere.

Internally, the residence has been finished to an exceptional owner occupier standard. The kitchen combines functionality with refined design, featuring premium appliances, bespoke cabinetry and stone benchtops, while the bathrooms showcase designer fixtures, layered finishes and warm ambient lighting to create a calm and sophisticated retreat.

Beyond the residence itself, 'Cotton Tree' has quickly established itself as one of the Sunshine Coast's premier apartment addresses. Part of Mosaic's prestigious Masterpiece Series, and recognised as a National Finalist in The Urban Developer Awards for Industry Excellence, the development reflects an exceptional standard of design, construction and long term stewardship, ensuring it will continue to present at the highest level for years to come.

Residents enjoy exclusive access to a curated selection of resort style amenities, including:

• Private lap pool positioned at the rear of the complex, complete with BBQ facilities and shaded entertaining areas

• Fully equipped gymnasium, landscaped gardens and beautifully maintained communal spaces

Whether stepping out towards the cafes and village atmosphere of Cotton Tree, or directly onto The Esplanade and the beachfront foreshore, residents enjoy an exceptionally connected coastal lifestyle, with riverfront pathways, surf beaches, boutique shopping, dining and parklands all just moments away.

Completed in 2025, this is a rare opportunity to secure a near new residence within one of the Sunshine Coast's most tightly held and highly regarded beachfront communities. Combining architectural excellence, exceptional amenity and an unrivalled coastal lifestyle, 'Cotton Tree' by Mosaic represents apartment living at its finest.

Although formally addressed as 305/62 Memorial Avenue, the residence forms part of the landmark 'Cotton Tree' by Mosaic development, also recognised by many buyers as 17 The Esplanade, Cotton Tree, with convenient pedestrian and visitor access available via both Memorial Avenue and The Esplanade.

*This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Please note: Some images have been digitally staged to help you envision the property's potential.

Listing description written by Ari Whisson, Ray White Maroochydore — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Alarm System
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Floorboards
  • Gym
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool
  • Secure Parking
  • Study
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.