Leburn & Associates

Licensed Real Estate Agents - Main Beach Qld

Cherie Leburn LREA

Principal

+61 418 883 552

cherie@leburn.com.au

Main Beach Towers

Lowest $860,000 Median $910,000 Highest $985,000 (1 Price Withheld) 6 Apartments Sold

Originally built in 1990 Main Beach Tower at 20 Cronin Avenue, is a residential only building that has undergone a transformation in recent years and presents as admirably modern in every regard.

Latest Sales 2022
Configuration Units Sold
Plan 2 Bed 2 Bath 1-2 Carpark 6
Lowest Median Highest
860,000 910,000 985,000

*Sales prices obtained from Pricefinder and RP Data

Layout Year Total Units Total Floors Units per Floor
Plan 1990/1991 50 28 2
 

Main Beach Tower Features

  • Pet-friendly complex
  • Pool
  • Sauna
  • Gymnasium
  • Tennis court
  • Short stroll to Tedder Avenue featuring Cafes, Bars, Restaurants and retail shops also City Council’s only free Driverless Shuttle Bus service
  • Easy walk along Esplanade to Surfers Paradise also light rail and bus service to Broadbeach, Pacific Fair and Casino

Main Beach- June 2021- July 2022 –Market Report with Cherie Leburn

Lowest: $200,000 Median: $1,000,000 Highest: $75,855,603,000

Properties Sold: 315 – T/O: $499,172,40

Apartments: At number 1538th in the list of Australian suburbs ordered by increase in median apartment value over the last year, Main Beach, 4217 is in the BOTTOM 30% with a property value increase of 3.11% recorded in median house prices. Main Beach,4217 has offered an average of 3.11% return per annum in unit price rises to property investors over the last three years. When looking to buy, or assessing what properties are really achieving at sale, it’s essential for property investors to take into account what discounts are being offered in Main Beach, 4217. Typically our figures indicate that -6.32% is being offered, which puts this QLD suburb at 117th most discounted overall in Australia Houses: With a capital gain of 56.18% for the last 12 months, Main Beach, 4217 has performed for property investments than its average annual 18.59% property growth over the last 5 years. While Main Beach,4217 ranked number 478th in QLD for increase in median house value (annualised) increase, it is ranked 901th over the last 5 years. Our latest figures would indicate that property sellers in Main Beach are currently offering property investors an average price cut of -4.29% below the asking price at the moment. Whilst all care has been taken, information conveyed from third parties & changed circumstances may alter accuracy. Market updates & latest listings, can be sent by sms or email send your details, to cherie@leburn.com.au