FOR SALE
$1,100,000

17 Myall Street
Cooroy QLD 4563

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 1394m2
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Prime Development Opportunity in Cooroy - Noosa Hinterland

Nestled in the heart of the vibrant Cooroy township, this exceptional property offers a rare chance to secure a prime in-town location with incredible development potential. Set on a generous block (1394 sqm), the established home is currently tenanted, providing immediate rental income ($520/pw), while you explore the approved development application for three stylish one-bedroom units.
Convenient access to the Bruce Highway, rail service to Brisbane, and just a short drive to Noosa.
With plans available upon request, this unique opportunity positions you perfectly to capitalise on the growth of this thriving community. Located just moments from schools, shops, cafes, restaurants, the golf course, and Cooroy Hospital, everything you need is at your fingertips.
Whether you're an investor, developer, or someone looking to secure a smart future, this Cooroy gem is an opportunity not to be missed.

Property Details for 17 Myall St, Cooroy

17 Myall St, Cooroy is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1394m2. The place is currently for sale with Suter Smith Cleine.

Building Type
House
Land Size
1394m2

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About Cooroy 4563

The size of Cooroy is approximately 27.5 square kilometres. It has 10 parks covering nearly 2.3% of total area. The population of Cooroy in 2011 was 3,459 people. By 2016 the population was 3,770 showing a population growth of 9.0% in the area during that time. The predominant age group in Cooroy is 60-69 years. Households in Cooroy are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooroy work in a trades occupation. In 2011, 71% of the homes in Cooroy were owner-occupied compared with 72.9% in 2016.

Cooroy has 2,399 properties. Over the last 5 years, Houses in Cooroy have seen a 85.71% increase in median value, while Units have seen a 68.26% increase. As at 31 October 2024:

  • The median value for Houses in Cooroy is $1,080,228 while the median value for Units is $516,872.
  • Houses have a median rent of $735 while Units have a median rent of $600.
There are currently 40 properties listed for sale, and 9 properties listed for rent in Cooroy on OnTheHouse. According to CoreLogic's data, 115 properties were sold in the past 12 months in Cooroy.

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Lian Scott
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