SOLD
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Sold on 26 Apr 2024 for $1,175,000

242/131 Coolum Terrace
Coolum Beach QLD 4573

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 162m2
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Property Details for 242/131 Coolum Tce, Coolum Beach

242/131 Coolum Tce, Coolum Beach is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 162m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Apartment sold in Coolum Beach in the last 12 months.

Building Type
Apartment
Floor Size
162m2
Local Government
Sunshine Coast Regional
Lot/Plan
242/SP313551

Last Listing description (April 2024)

This elegant apartment in the much-admired architecturally designed Mosaic ‘First Bay’ building in a blue-chip location directly opposite Coolum’s stunning First Bay, offers exceptionally convenient beachside living just a short stroll via a spectacular scenic Boardwalk into Coolum to access patrolled swimming, surf club, boutique dining, and retail.

Across an expansive single level, the apartment comprises three bedrooms, two bathrooms, open plan living flowing out to private covered north facing terrace framed by greenery, multipurpose room/fourth bedroom, premium kitchen with walk-in pantry, and separate laundry; there is side by side secure basement parking for two vehicles plus a storage cage.

Impeccably presented throughout with quality, stylish interiors; features include high square set ceilings, ducted air-reverse cycle conditioning, ceiling fans, floor to ceiling tiles in luxury bathrooms, dual vanities in ensuite, high-end appliances, Caesarstone benchtops, soft close cabinetry, engineered oak flooring in living, plush carpets and crimsafe screens in bedrooms, and direct terrace access from master.

Currently tenanted until early October at $950 per week; you can buy today and look forward to moving into your gorgeous First Bay apartment in spring, ready for summer and beyond, or continue to rent out for attractive income in this highly sought-after beachside suburb, always in demand.

‘First Bay’ is a striking building, completed in 2021, it has quickly established itself as somewhat of a landmark property of distinction. Onsite facilities include lift access to each floor from basement, inground pool and sunbathing terrace, two outdoor showers (one poolside and one at entry from beach), plus communal storage for bikes and surfboards – and in this location, you’ll have both!

With direct access to picturesque First Bay, one of the coast’s most instagrammable beaches – breathtaking in its beauty, and only 850-metres to the surf club; this is beachside living at its absolute finest. This particular apartment is tucked away at the rear of the building well away from traffic noise and the busy David Low Way, yet still offering outstanding convenience.

Summary of features:

- Elegant apartment in stunning ‘First Bay’ development
- Directly across the road to the beach, 850m to surf club
- Stylish, on-trend interiors – high-end fixtures & fittings
- 3 bedrooms + MPR, 2 luxury bathrooms, open plan living
- Galley kitchen with WIP, stone benches, quality appliances
- North facing covered terrace, private & framed by greenery
- Ducted reverse cycle air-conditioning, ceiling fans, breezes
- Basement parking for 2 vehicles + lock-up storage cage
- Onsite resort pool, outdoor showers, bike/surfboard storage
- Currently tenanted until early Oct 2024 @ $950 per week

Property History for 242/131 Coolum Tce, Coolum Beach, QLD 4573

A timeline of how this property has performed in the market
Last Sold
$1,175,000
26 Apr 2024
Listed for Rent
$950/w
03 Oct 2023
  • 28 Jun 2024
    Listed for Rent $950 / week
  • 26 Apr 2024
    Sold for $1,175,000
  • 19 Apr 2024
    Listed for Sale SOLD
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About Coolum Beach 4573

The size of Coolum Beach is approximately 27.3 square kilometres. It has 29 parks covering nearly 56.6% of total area. The population of Coolum Beach in 2011 was 7,905 people. By 2016 the population was 8,493 showing a population growth of 7.4% in the area during that time. The predominant age group in Coolum Beach is 40-49 years. Households in Coolum Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolum Beach work in a professional occupation. In 2011, 59% of the homes in Coolum Beach were owner-occupied compared with 62.6% in 2016.

Coolum Beach has 6,359 properties. Over the last 5 years, Houses in Coolum Beach have seen a 105.76% increase in median value, while Units have seen a 97.91% increase. As at 31 August 2024:

  • The median value for Houses in Coolum Beach is $1,381,484 while the median value for Units is $943,011.
  • Houses have a median rent of $750 while Units have a median rent of $640.
There are currently 57 properties listed for sale, and 17 properties listed for rent in Coolum beach on OnTheHouse. According to CoreLogic's data, 261 properties were sold in the past 12 months in Coolum beach.

Suburb Insights for Coolum Beach 4573

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Jamie Vibert
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Bree Bellhouse
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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.