633 Boat Harbour Dr, Urangan, QLD 4655 | House for sale | OnTheHouse
 
FOR SALE
Offers Above $1,200,000

Boat Harbour Drive
Urangan QLD 4655

Bedrooms: 5
Bathrooms: 5
Car spaces: -
Land area: 506m2
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A High-Yield Coastal Investment with Multiple Income Streams

Positioned in one of Hervey Bay's most sought-after coastal precincts, 633 Boat Harbour Drive, Urangan presents a rare opportunity for investors seeking a strong-performing asset with immediate income and long-term growth potential.
Purpose-built for shared accommodation, this unique property has been thoughtfully configured to maximise rental returns, offering five separate self-contained units, each featuring a private bedroom, bathroom and living space. A centrally located shared kitchen and laundry facility provides convenience for residents while maintaining an efficient and practical layout.
With tenants already in place, investors can enjoy the benefits of an established income stream from day one, eliminating vacancy concerns and providing immediate cash flow. The property is currently returning a net income of approximately $96,000 per annum, further strengthening its appeal as a high-performing investment. The property's configuration appeals to a broad tenant demographic, including workers, retirees, singles and those seeking affordable, independent accommodation close to essential amenities.
Situated on the highly visible and well-connected Boat Harbour Drive corridor, residents enjoy easy access to Urangan's beaches, marina precinct, shopping centres, cafes, medical facilities and public transport. This prime location continues to attract strong rental demand, supporting both occupancy rates and future capital growth prospects.
Investment Highlights:
- Five separate one-bedroom, one-bathroom self-contained units
- Shared communal kitchen and laundry facilities
- Existing tenants in place providing immediate rental income
- Returning a net income of approximately $96,000 per annum
- Purpose-designed for shared accommodation
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Property Details for 633 Boat Harbour Dr, Urangan

633 Boat Harbour Dr, Urangan is a 5 bedroom, 5 bathroom House. The property has a land size of 506m2. The place is currently for sale with LJ Hooker Fraser Coast.

Building Type
House
Land Size
506m2
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About Urangan 4655

The size of Urangan is approximately 14.0 square kilometres. There are 23 parks, covering nearly 12.6% of the total area. The population of Urangan in 2016 was 9764 people. By 2021 the population was 10988 showing a population growth of 12.5% in the area during that time. The predominant age group in Urangan is 60-69 years. Households in Urangan are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Urangan work in a community and personal service occupation.In 2021, 66.90% of the homes in Urangan were owner-occupied compared with 60.00% in 2016.

Urangan has 6,721 properties. Over the last 5 years, Houses in Urangan have seen a 83.07% increase in median value, while Units have seen a 98.20% increase. As at 30 June 2026:

  • The median value for Houses in Urangan is $840,790 while the median value for Units is $657,432.
  • Houses have a median rent of $610 while Units have a median rent of $550.
There are currently 133 properties listed for sale, and 26 properties listed for rent in Urangan on OnTheHouse. According to Cotality's data, 400 properties were sold in the past 12 months in Urangan.

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Tony Sprake
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LJ Hooker Fraser Coast
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