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QLD › Main Beach › Tedder Ave

U50, 3 Tedder Ave, Main Beach QLD 4217

For saleUnit

$3,700,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,700,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,700,000(Listing record · 21 Aug 2026)
  • CalculationAsk is 23% above 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 1.34% — 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

$3,700,000

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

+23.3%

Median sale

Suburb $3,000,000

-0.31 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
$3,700,000
Stamp Duty (Queensland)
$193,275
Transfer/Registration Fee
$16,637
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
$3,913,612

$213,612 on top of the price (5.8% 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
-0.16%
Annual cashflow (pre-tax)
$-198,344
Interest cover (DSCR)
-0.03
Annual rent
$49,556
Operating expenses
$55,500
Loan amount
$2,960,000
Annual interest
$192,400
Gross yield
1.34%

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$3,700,000available21 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 1.3%. 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 Tedder Ave →

Listing material

Listed by Ray White Main Beach

East Facing Half Floor Sub-penthouse with never to be lost views

Coastal lifestyle in an impressive half floor sub-penthouse in 'Malibu' nestled perfectly between the river, parkland and Tedder Avenue in Main Beach.

Spanning 324sqm and occupying the Eastern half of the 15th floor with an expansive North facing, wrap around balcony and two side by side car spaces, this 3 bedroom beachside apartment offers both space and convenience. Capturing panoramic views from every room that stretch over MacIntosh Park and The Main River and down The Gold Coast coastline, out to The Hinterland and the length of The Broadwater that ensures that the views are in every direction and here to stay. Expansive living and dining zones are surrounded by walls of glass that frame the ever changing coastal outlook, creating a stunning backdrop from sunrise through to sunset. With balconies positioned on both sides of the residence, they provide an abundance of outdoor living and entertaining options against a spectacular skyline setting. The kitchen has been thoughtfully designed to combine functionality with style. Featuring premium appliances, generous preparation areas and extensive stone surfaces, it caters effortlessly to intimate dinners or larger gatherings. Adjoining indoor and outdoor entertaining spaces and bar ensuring every occasion can be enjoyed with ease and sophistication.

The accommodation has been carefully configured to provide comfort and separation. Two large bedrooms with ensuite offer private retreats both with direct balcony access while the master suite is a statement room in itself enjoying an oversized walk-in wardrobe, beautiful ensuited bathroom and balcony access. With only one other apartment on the floor, privacy and unobstructed vistas are guaranteed - every room captures the early morning light over the ocean and stunning sunsets over the waterways below.

Read the full description

Further enhancing the appeal are numerous practical inclusions such as ducted climate control, secure parking with 2 side by side car spaces and a spacious laundry. Every detail has been considered to ensure effortless everyday beachside living.

Perfectly positioned in one of Main Beach's widest, most serene streets opposite The River, beach and parkland, This sub-penthouse offers unmatched convenience. It is just a 400m stroll to the beach in one direction, and vibrant Tedder Avenue's cafes, boutiques, and restaurants in the other this exceptional half floor apartment offers the perfect balance of convenience and relaxed coastal living. Whether as a permanent residence or a sophisticated lifestyle retreat, this is an opportunity to secure one of Main Beach's most distinguished addresses and enjoy luxury living on a truly grand scale.

• Where convenience meets lifestyle, just moments from the beach and Tedder Avenue

• Commanding the North-east half floor of the 15th floor with only one other neighbour on the floor

• Three bedrooms, three living areas, a bar and two bathrooms including the master ensuite

• 324sqm of relaxed, open plan beachside living in the heart of Main Beach

• Complete privacy and year round sunshine with extensive floor to ceiling windows that frame an incredible outlook in every direction

• Delivering spaciousness and functionality.

• Residential only living in a boutique building of only 56 apartments.

• Wrap around North facing balcony with uninterrupted views of The Broadwater and Main River

• Sellers have purchased elsewhere, have already moved out, and are ready to sell

• Full climate control with ducted air conditioning

• Expansive sliding doors create a natural indoor-outdoor flow

• Incredible outdoor balcony with unobstructed water panoramas

• Rare side by side basement parking with dual lift access

• Pet friendly, residential only high rise with video intercom access

• Large communal storage room for all apartments

• Exclusive residents-only heated pool, steam room, sauna and fully equipped gym

• Tennis court and outdoor entertaining within manicured surrounds

• Porte-cochere entry, on-site manager and CCTV monitoring

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 inquiries to verify the information contained herein.

Listing description written by Robbie Graham, Ray White Main Beach — 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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