7 Glenray AvenueCaloundra QLD 4551
Property Details for 7 Glenray Ave, Caloundra
Last Listing description (May 2024)
Uncover a fantastic development opportunity nestled within the heart of Caloundra at 7 Glenray Avenue. This centrally located, cleared block of land spans an impressive 506m² and provides boundless potential to build your new home or builders and developers seeking their next project.
Located in a quiet cul-de-sac while still being centrally positioned in Caloundra it is within walking distance to parklands, great schools, shopping, restaurants, cafes and Caloundra's absolutely stunning beaches.
The property boasts connection to services, setting the stage for immediate construction commencement to build your dream home (subject to Council approval). With its medium-density zoning, (subject to Council approval) this prime piece of real estate is also perfect for building multi-unit dwellings.
Don't miss out on this rare offering with immense potential waiting to be tapped into - whether you're planning large-scale developments or creating your personal sanctuary right here at Glenray Avenue!
Please note:
The neighbouring property also spanning a generous 506m² is up for sale too - presenting an exceptional chance to secure both properties totaling a massive area of approximately 1012 m² - which would dramatically open up your development options.
Property History for 7 Glenray Ave, Caloundra, QLD 4551
- 09 May 2024Sold for $720,000
- 16 Oct 2023Listed for Sale Offers Above $765,000
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About Caloundra 4551
The size of Caloundra is approximately 3.2 square kilometres. It has 8 parks covering nearly 36.9% of total area. The population of Caloundra in 2011 was 3,558 people. By 2016 the population was 3,914 showing a population growth of 10.0% in the area during that time. The predominant age group in Caloundra is 60-69 years. Households in Caloundra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caloundra work in a trades occupation. In 2011, 48% of the homes in Caloundra were owner-occupied compared with 49.9% in 2016.
Caloundra has 3,765 properties. Over the last 5 years, Houses in Caloundra have seen a 69.19% increase in median value, while Units have seen a 90.11% increase. As at 31 October 2024:
- The median value for Houses in Caloundra is $939,798 while the median value for Units is $859,836.
- Houses have a median rent of $620 while Units have a median rent of $575.
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