226 Cypress StreetUrangan QLD 4655
Property Details for 226 Cypress St, Urangan
226 Cypress St, Urangan is a 5 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 1983. The property has a land size of 964m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 5 bedroom Unit sold in Urangan in the last 12 months.
Last Listing description (April 2026)
Ideally positioned just one street back from the Esplanade and within walking distance to the beach and the iconic Urangan Pier, this is a rare opportunity to secure a high-density development site in one of Hervey Bay's most tightly held beachside suburbs.The property comprises a solid Besser block complex of three fully tenanted flats, providing an immediate holding income of $970 per week while future development plans are progressed.Set on a generous 964m allotment zoned High Density, the site offers exceptional redevelopment potential. Under the current town planning provisions, the land may support up to 10 units (STCA), presenting options for staged development, full redevelopment, or value-add expansion with additional units at the front of the site.Surrounded by established amenities including shopping, medical services, cafes, the marina and with the airport only minutes away, this location continues to attract strong demand from both owner-occupiers and tenants alike.Key Development Highlights: 964m High Density zoned site Potential yield of up to 10 units (STCA) Holding income of $970 per week Existing 3-unit complex (Besser block construction) Premium beachside location, one street from Esplanade Walk to beach and Urangan Pier Close to marina, airport and major amenities Strong long-term growth and rental demandAn outstanding land-bank or redevelopment opportunity in a proven coastal growth location.
Property History for 226 Cypress St, Urangan, QLD 4655
- 17 Feb 2026Sold for $1,075,000
- 02 Feb 2026Listed for Sale Offers above $1,075,000
- 28 Jul 2021Sold for $740,000
Recent sales nearby
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About Urangan 4655
The size of Urangan is approximately 14.0 square kilometres. It has 23 parks covering nearly 12.6% of 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 6,692 properties. Over the last 5 years, Houses in Urangan have seen a 88.83% increase in median value, while Units have seen a 94.27% increase. As at 30 April 2026:
- The median value for Houses in Urangan is $826,699 while the median value for Units is $626,338.
- Houses have a median rent of $610 while Units have a median rent of $525.
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