OFF MARKET

2/16 Iluka Avenue
Buddina QLD 4575

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 72m2
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Property Details for 2/16 Iluka Ave, Buddina

2/16 Iluka Ave, Buddina is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1982. The property has a land size of 72m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1982
Floor Size
75m2
Land Size
72m2
Local Government
Sunshine Coast Regional
Lot/Plan
2/BUP5147

Last Listing description (July 2023)

In this highly-prized beachside community, why buy one home when you could have two? If you?ve dreamed of breaking into the rapidly growing Buddina market, this property presents an savvy investment to secure your own future in this small beachside community, with a duplex on two separate titles just a short stroll to the ocean.

As an investment, Buddina?s credentials are undeniable. In the past 12 months median prices have grown more than 40%, with an insatiable buyer base clamouring for a slice of beachside paradise. This is a position that offers it all: convenience and connectivity, surrounded by increasingly high-quality homes and that irresistible beachside lifestyle among the best the Sunshine Coast has to offer.

Falling in love with the natural beauty of Buddina is instant and inevitable. Just around the corner from your doorstep is the nearest beach access to the pristine shores of Buddina Beach, with the patrolled Kawana Beach a leisurely walk to the south. Set off north along the coastal walking trail and discover the natural beauty of Point Cartwright, before following the circuit around to the protected sandy inlet of Mooloolah River and on to join a Sunday barbecue at the riverfront on La Balsa Park. For the keen boater, the La Balsa boat ramp is just four minutes? drive away.

Meanwhile, every daily necessity is just a minute?s drive down the road to Kawana Shopping World, with your choice of three supermarkets, restaurants, cinemas, and a multitude of retail offerings. Also within a 15 minute drive are the Sunshine Coast University Hospital and health precinct, the new Maroochydore CBD, Quad Park, and multiple primary and high schools. Just down the road is Buddina?s community hub, with the Buddina State Primary School, public library, community garden, hall, tennis club and playground. This is the perfect place to meet the neighbourhood and settle into this varied community.

Property History for 2/16 Iluka Ave, Buddina, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$782,500
17 Feb 2023
Listed for Rent
$450/w
22 Jan 2021
  • 05 Jul 2023
    Listed for Sale Not Disclosed
  • 21 Mar 2023
    Listed for Sale SOLD
  • 17 Feb 2023
    Sold for $782,500
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About Buddina 4575

The size of Buddina is approximately 2.1 square kilometres. It has 10 parks covering nearly 12.6% of total area. The population of Buddina in 2011 was 3,665 people. By 2016 the population was 3,892 showing a population growth of 6.2% in the area during that time. The predominant age group in Buddina is 40-49 years. Households in Buddina are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Buddina work in a professional occupation. In 2011, 60.2% of the homes in Buddina were owner-occupied compared with 61.6% in 2016.

Buddina has 2,353 properties. Over the last 5 years, Houses in Buddina have seen a 86.65% increase in median value, while Units have seen a 85.42% increase. As at 31 July 2024:

  • The median value for Houses in Buddina is $1,670,550 while the median value for Units is $880,459.
  • Houses have a median rent of $725 while Units have a median rent of $555.
There are currently 30 properties listed for sale, and 5 properties listed for rent in Buddina on OnTheHouse. According to CoreLogic's data, 93 properties were sold in the past 12 months in Buddina.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.