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QLD › Main Beach › Woodroffe Ave

U72, 29 Woodroffe Ave, Main Beach QLD 4217

For saleApartment

$899,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $899,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $899,000(Listing record · 2 Apr 2026)
  • CalculationAsk is 70% 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 5.51% — 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

$899,000

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

-70.0%

Median sale

Suburb $3,000,000

+3.86 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
$899,000
Stamp Duty (Queensland)
$33,480
Transfer/Registration Fee
$3,600
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
$939,780

$40,780 on top of the price (4.5% 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
4.01%
Annual cashflow (pre-tax)
$-10,677
Interest cover (DSCR)
0.77
Annual rent
$49,556
Operating expenses
$13,485
Loan amount
$719,200
Annual interest
$46,748
Gross yield
5.51%

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$899,000available2 Apr 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 5.5%. 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

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 Woodroffe Ave →

Listing material

Listed by Keys Realty Gold Coast

LARGE 105m2 ONE-BEDROOM UNIT AT ENTRY LEVEL PRICE POINT

Price Reduced - Seller has bought elsewhere - this is excellent buying!!

Rarely available, super large 105m2 One-bedroom unit, facing North right in the

hub of the cosmopolitan Main Beach shopping and dining village. Ideal for first home buyers, downsizing, students, investors or the weekend holiday getaway, be quick this price point is as good as it gets. With the Olympics in the not distant future, prices will soar! Its now a very savvy entry price point for this upmarket niche so close to everything with direct services to University, hospitals, shopping centres via local public transport. Just leave your car at home.

Read the full description

The Apartment:

A very generous open plan living and dining area spills out to a sundrenched north balcony which doubles as an al fresco entertaining space. Interesting fact, this living, dining and kitchen area is the same size and footprint as the two bedroom units at The Meriton!

Excellent and unrestricted views to the vast Broadwater and cityscape is captivating from this comfortable position both day and night on the 12th level as well as ocean glimpses to the North East. Generous large bedroom and separate bathroom with a bath are bonuses...

On Offer:

• One Bedroom One Bathroom furnished unit & separate Laundry As is

• 105m2 North Facing unit with unrestricted Broadwater views, ocean glimpses

• Open plan living, dining and kitchen with air-conditioning

• Tenant in place to December 2026

• Inspections also by Appointment 24hrs notice

• Investors should enquire

Building highlights:

* 1.5 acres of lush landscaped grounds next to Tedder Avenue

* Secure basement parking and On-site management

* Resort-style facilities are immaculate and designed to impress

* Large tropical outdoor pool

* Undercover BBQ and entertaining area

* Full-size tennis court with massive undercover seating

* Indoor 15m heated pool with spa

* Gymnasium and sauna

This is a rare chance to secure a prime north-facing apartment in one of Main Beach's most desirable upgraded buildings — with strong lifestyle appeal and potential investment upside. Be quick — properties with this aspect, outlook, and flexibility are in high demand and tightly held. Contact Julia on 0411 835283 for an inspection soon

The prestigious island-style suburb of Main Beach is ideally positioned between the vibrant tourism hub of Surfers Paradise and the thriving commercial centre of Southport. Framed by the sparkling waters of the Pacific Ocean on one side and the calm expanse of the Gold Coast Broadwater on the other, it offers a truly exceptional coastal lifestyle. Residents enjoy alfresco dining, relaxed sidewalk cafés and restaurants, patrolled beaches, and the convenience of a short walk to the light rail or frequent bus services. With its prime location and enviable lifestyle appeal, Main Beach continues to experience strong capital growth, making it an outstanding choice both now and for the future. Work with Julia Keen of Keys Realty, an agency with coveted awards like www.realestate.com.au Agent of the Year and 8 years running Rate My Agent top Agency.

Disclaimer:

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 Julia Keen, Keys Realty Gold Coast — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Gym
  • Intercom
  • Living Areas: 1
  • Outdoor Entertaining
  • Outside Spa
  • In-Ground Pool
  • Secure Parking
  • Tennis Court
  • Toilets: 1

Also look at

Also for sale in Main Beach

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

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  • U15, 5 Woodroffe Ave, Main Beach QLD 4217

    2-bed apartment. Asking $1.25M.

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  • U115, 25 Woodroffe Ave, Main Beach QLD 4217

    3-bed apartment. Currently listed.

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  • U20, 22 Woodroffe Ave, Main Beach QLD 4217

    2-bed apartment. Currently listed.

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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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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.