2/29-31 Frederick St, Shoalwater is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 46m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 1 bedroom Unit sold in Shoalwater in the last 12 months.
Set in a neat, well-maintained complex, this 1-bedroom, 1-bathroom unit is perfect for first home buyers or a low-fuss investment opportunity in sought-after Shoalwater.
This property is ideal for first home buyers, downsizers or investors seeking a secure addition to their portfolio — with strong rental demand and minimal upkeep required.
The Details: :
Positioned close to shops, public transport, and the beautiful Shoalwater coastline, this is an easy-care investment that ticks all the right boxes.
Ideal for firs home buyers or a great set-and-forget opportunity — invest with confidence!
Water Rates: $906.45 p/a approx
Council Rates: $2037 p/a approx
Strata Fess: $800 per quarter approx
Rental Estimate: $350 - $400 per week
Get In Touch:
Contact Nic Sauzier today on 0409 042 337 for more information.
Disclaimer: Images are indicative only. The photographs were captured at an earlier date and may differ from the property’s current condition. This information is provided for general information purposes only and is based on information provided by the Seller and may be subject to change. No warranty or representation is made as to its accuracy and interested parties should place no reliance on it and should make their own independent enquiries.
The size of Shoalwater is approximately 2.5 square kilometres. It has 14 parks covering nearly 19.0% of total area. The population of Shoalwater in 2016 was 4100 people. By 2021 the population was 4368 showing a population growth of 6.5% in the area during that time. The predominant age group in Shoalwater is 60-69 years. Households in Shoalwater are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Shoalwater work in a professional occupation.In 2021, 64.60% of the homes in Shoalwater were owner-occupied compared with 60.70% in 2016.
Shoalwater has 2,615 properties. Over the last 5 years, Houses in Shoalwater have seen a 93.96% increase in median value, while Units have seen a 140.91% increase. As at 31 October 2025:
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