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QLD › Tugun › Elizabeth St

U4, 10 Elizabeth St, Tugun QLD 4224

For saleUnit

$1,499,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,499,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,499,000(Listing record · 25 June 2026)
  • CalculationAsk is 7% below the Tugun median recorded sale ($1,605,000, n=18, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Tugun's advertised median rent ($783/wk), implied gross yield would be 2.72% — 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

$1,499,000

Asking

No recorded sale for this property.

Tugun at a glance

7,606

People

$1,605,000

Median sale

$783/wk

Median rent

2.54%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Tugun report →

Vs Tugun

-6.6%

Median sale

Suburb $1,605,000

+0.18 pp

Gross yield

Suburb 2.54%

Suburb median $1,605,000 from 18 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,499,000
Stamp Duty (Queensland)
$66,718
Transfer/Registration Fee
$6,394
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
$1,575,812

$76,812 on top of the price (5.1% 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 Tugun's advertised median rent — not a rent for this listing.

Net yield
1.22%
Annual cashflow (pre-tax)
$-59,717
Interest cover (DSCR)
0.23
Annual rent
$40,716
Operating expenses
$22,485
Loan amount
$1,199,200
Annual interest
$77,948
Gross yield
2.72%

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$1,499,000available25 June 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 $783/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 2.7%. 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

Tugun in one glance

Tugun at a glance

7,606

People

$1,605,000

Median sale

$783/wk

Median rent

2.54%

Suburb gross yield

Median sale from 18 recorded sales (last 12 months) — a Districts calculation.

See the full Tugun report →

Keep researching

  • Why Tugun? Read the area thesis →
  • What else is on the market in Tugun →
  • Other records on Elizabeth St →

Listing material

Listed by Ray White Tugun

Tugun Shores - Unit 4 Now Available

Tugun Shores introduces a thoughtfully designed, boutique coastal project that celebrates simplicity, comfort, and connection to one of Tugun's most liveable pockets.

Positioned at 10 Elizabeth Street, Tugun, this exclusive project reflects the intentional approach of Ryall Smith Architects, who have crafted a building that feels calm, functional, and quietly refined. Following the success of the initial launch, we are proud to debut the Final Release, with the stunning Unit 4 now fully complete and available for purchase.

Practical Coastal Luxury & Accessible Design

Read the full description

The property focuses on effortless beachside living-flooded with generous natural light from its premier aspect, and featuring a relaxed architectural palette of crisp whites, warm timber accents, and earthy tones that complement its surroundings.

Notably, Unit 4 has been meticulously built with high-end, premium inclusions specifically tailored to support assisted living and accessible needs if required. The masterfully integrated features include:

• An expansive, step-free luxury bathroom and wet room.

• Strategically placed stainless steel support rails and an adjustable, folding shower seat.

• Enlarged clearance spaces, custom accessible washbasins, and raised, high-visibility fixtures.

• Widened doorways and smooth transitions throughout for seamless mobility.

The Opportunity: Level Two Residence

This highly anticipated release presents Unit 4, a beautifully proportioned Level Two apartment. Ready for immediate inspection, this completed home offers an abundance of morning sunshine, a breezy private balcony overlooking manicured green spaces, and an intuitive floorplan that delivers the perfect balance of modern comfort and thoughtful design enhancements.

The Location: Moments from the Sand

Tugun Shores is positioned to make everyday living easy. The beach, village cafés, markets, medical amenities, and public transport are all a short, flat walk away, while Elizabeth Street maintains a quieter, peaceful residential feel. It's the kind of address where lifestyle comes naturally-morning swims, local coffee runs, and a warm sense of community.

• Boutique Scale: A limited collection ensuring privacy and a tight-knit community feel.

• Aspect: Flooded with natural morning light and gentle coastal breezes.

• Prime Position: A flat, easy stroll to the best of Tugun's vibrant beachside village.

With the development now fully completed, Unit 4 provides a straightforward, considered path to premium, accessible coastal living in a highly sought-after pocket.

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 John Parkes, Ray White Tugun — reproduced as published, not verified by Districts.

Districts

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

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