506/2 Margaret St, Coolum Beach is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 136m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
This is an A rated investment property.
With the beach just over the Esplanade, the supermarket, restaurants, coffee shops and new hotel with Dan Murphys in the adjoining block this stunning unit is a short walk to all the best of Coolum's attractions.
Being the newest complex in Coolum the unit is fresh and modern and the double secure car parking is a real feature with lift access to the unit. On the eastern beach end of the complex it has great natural light and captures the ocean breezes beautifully. There are four pools in the complex and also a well equipped air conditioned gymnasium.
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 6,357 properties. Over the last 5 years, Houses in Coolum Beach have seen a 99.15% increase in median value, while Units have seen a 92.56% increase. As at 31 July 2024:
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