

156 Cypress Street, Urangan, Qld 4655
Auction
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Open Saturday 6 June 11:15 am Auction Thursday 25 June 7:00 pmUrangan served as a critical deep-water port for the Maryborough sugar and timber industries, highlighted by the construction of the Urangan Pier between 1913 and 1917. The pier originally stretched 1.1 kilometres to facilitate large cargo ships before being shortened in the 1980s. The suburb transitioned from an industrial port to a tourism and residential focal point following the closure of the cargo terminal in 1985.
Today, Urangan is the tourism heart of Hervey Bay, characterized by its vibrant marina precinct, the iconic pier, and a mix of relaxed seaside cottages and modern luxury developments.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Urangan is the 'anchor' suburb of Hervey Bay. It balances a high-volume tourism economy with a stable residential base, making it the most resilient market in the Fraser Coast region during economic shifts.
$580k – $1.8m+
$390k – $1.2m
12-month movement
Current asking rents
The price gap between Urangan and South East Queensland remains a primary driver for interstate migration, though the 'bargain' era has largely concluded.
Price comparison
Median price รท median income
Estimated rental yield
While affordable compared to capital cities, local price growth has outpaced local wage growth, making entry-level buying competitive for first-home buyers.
Lower = tighter market
Avg time on market
Annual rental increase
Mix of healthcare professionals, tourism workers, and retirees 'testing' the area before buying.
Strong cash-flow potential with low vacancy risks. Capital growth is likely to track with regional infrastructure improvements rather than speculative spikes.
Steady moderate growth is expected. Urangan will likely outperform inland Hervey Bay suburbs as buyers prioritize proximity to the water and established amenities.
vs last 12 months
Relative comparison
Check specific street data near the Marina and shopping precincts where opportunistic property crime is more frequent.
Environmental factors are the primary concern, specifically related to the suburb's low elevation and coastal exposure.
Significant portions of Urangan are subject to tidal inundation and overland flow during extreme weather events.
Low risk for the majority of the suburb; some moderate risk near the Botanical Gardens and southern bushland fringes.
Expect higher than average premiums; some insurers may decline cover for flood-prone properties near the Esplanade.
Coastal Hazard, Flood Hazard, Airport Environs (Noise/Height)
Marina precinct and the 'Golden Triangle' between the Pier and the Botanical Gardens.
Zoning allows for increased density near the Marina, which may impact views and traffic for existing low-density residents.
Local bus services connect to Pialba; Hervey Bay Airport offers flights to Brisbane and Sydney.
High concentration of cafes, restaurants, and the Urangan Central Shopping Centre.
Home to the Hervey Bay Botanic Gardens and numerous foreshore reserves.
Urangan State High School is a central hub; several private options are within a 10-minute drive.
Local GPs and pharmacies available; major hospital precinct is 10-12 minutes away in Pialba.
A maturing coastal community with a high proportion of retirees, though the 25-44 age bracket is the fastest-growing segment.
The high median age ensures a quieter residential vibe, but the shifting demographic is driving demand for better cafes and family-oriented services.
Focus is on revitalizing the maritime and tourism infrastructure.
Residents value the relaxed pace and natural beauty, though there is some tension regarding the pace of development and the influx of tourists during peak seasons.
Walking the pier every morning is a ritual I'll never tire of; it's the most peaceful place in Queensland.
The Marina upgrades are long overdue but will finally put us on the map for serious boaties.
Great schools and parks, but I do wish there were more diverse job opportunities locally.
Being 5 minutes from the airport means I can fly to Sydney for meetings and be back for a surf by 5pm.
The rental returns are great, but my insurance premium just doubled because of the new flood maps.
The Esplanade gets far too crowded on weekends now; it's losing that quiet fishing village feel.
Position the property as a 'lifestyle investment' that captures the best of Hervey Bay's maritime heritage and modern convenience.
Urangan offers a rare combination of high yield and long-term scarcity in a premier coastal location.
Rising insurance costs and potential oversupply of high-density units near the Marina.
Unbeatable access to the beach and dining precincts.
Parking can be difficult near the Esplanade during holiday periods.
Ensure all properties meet the latest QLD smoke alarm and electrical safety standards, especially in older cottages.
The 'Gateway to K'gari' lifestyle and the convenience of a regional airport within 5 minutes.
Active retirees, remote-working professionals, and lifestyle-seeking families.
This report is for informational purposes only and does not constitute financial or legal advice. Data is based on 2026 projections and historical trends. Buyers should conduct their own independent due diligence and consult with qualified professionals before making any property purchase.
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