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Sold on 07 Feb 2024 for $750,000

5/40 First Avenue
Coolum Beach QLD 4573

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 100m2
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Property Details for 5/40 First Ave, Coolum Beach

5/40 First Ave, Coolum Beach is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Apartment sold in Coolum Beach in the last 12 months.

Building Type
Apartment
Land Size
100m2
Local Government
Sunshine Coast Regional
Lot/Plan
5/BUP102173

Last Listing description (February 2024)

Looking for a beachside lifestyle, look no further! This renovated top floor apartment is set with the perfect north-east aspect where you catch beautiful green and blue vistas from both the apartment and the apartment size roof deck.

The roof deck really is something special and features a covered alfresco deck area, an ideal place to enjoy the sunrise with a cuppa, a good book on a lazy day or drinks at sunset. Access to the beach is aprox 300 meters away via the Stumers Creek Road access plus it's a short walk to Birtwill Street shopping precinct. This buying opportunity is not going to last long.

• Apartment size exclusive use roof top with covered alfresco deck area for year round use

• Gorgeous red feature kitchen with good storage, free standing cooker with gas cooktop
• Main bedroom opens to front deck and has access to the bathroom
• Large single lock up garage plus extra room for workshop or secure storage
• 8 units in the complex, pet friendly for a small pet, low maintenance
• Central location Noosa 15 minutes to the north and Maroochydore 20 mins to the south
• The perfect place to live, would also be a great permanent rental or short stay rental

With the vibrant hub of Coolum Beach only minutes away there's just no need to leave the area. Breakfast in one of the cafes, days at the beach, dinner at one of the trendy eateries or gathering supplies for a dinner party on the roof deck it is all in close proximity and part of what makes living in this wonderful community a lifestyle.

Contact Kass or Pete today to discuss this fantastic property further and to arrange your private viewing.

Property History for 5/40 First Ave, Coolum Beach, QLD 4573

A timeline of how this property has performed in the market
Last Sold
$750,000
07 Feb 2024
Listed for Rent
$400/w
30 Aug 2018
  • 07 Feb 2024
    Sold for $750,000
  • 27 Nov 2023
    Listed for Sale Offers over $750,000
  • 02 Jan 2020
    Sold for $501,000
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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 6,300 properties. Over the last 5 years, Houses in Coolum Beach have seen a 102.07% increase in median value, while Units have seen a 101.32% increase. As at 31 October 2024:

  • The median value for Houses in Coolum Beach is $1,384,929 while the median value for Units is $964,113.
  • Houses have a median rent of $750 while Units have a median rent of $675.
There are currently 76 properties listed for sale, and 17 properties listed for rent in Coolum beach on OnTheHouse. According to CoreLogic's data, 255 properties were sold in the past 12 months in Coolum beach.

Suburb Insights for Coolum Beach 4573

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Contact agent
Kass & Pete Livesey
Show contact details
Livesey Property Co
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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.