OFF MARKET

116/48 David Low Way
Diddillibah QLD 4559

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 127m2
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Property Details for 116/48 David Low Way, Diddillibah

116/48 David Low Way, Diddillibah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 127m2 and floor size of 101m2.

Building Type
Unit
Year Built
2000
Floor Size
101m2
Land Size
127m2
Local Government
Sunshine Coast Regional

Last Listing description (September 2016)

A call out to all savvy investors - sharpen your pens and work out the returns on this little Sunshine Coast beauty.
Situated in a perfect location only 10 minutes from the beaches at Maroochydore, close to the Maroochy River for boating and fishing and midway between Noosa in the North and Caloundra to the South.
This great little property is situated in the Harbourside Resort, which boasts acres of leafy gardens, two swimming pools, mini tennis courts and undercover barbecue areas. Full time on-site managers ensure that this quiet complex is well run and gardens and amenities are excellently maintained, so you can put your feet up and relax.

This stand-alone bungalow is light and airy with an open-plan layout showcasing a separate lounge area and a large combined dining and kitchen area. There are two queen size bedrooms, along with a combined bathroom /laundry. The bungalow has reverse-cycle air-conditioning with additional ceiling fans in both bedrooms. To top it off there is a private front veranda for drinks at sunset, a single car garage and an outdoor storage shed for housing all those fishing necessities, and a Foxtel dish on the roof.
Getting to the nitty gritty, this leasehold complex (99-year lease) is home to 100 bungalows, with over 70 percent of these being owner occupied and the remaining permanently rented. The bungalow is currently rented at $280 a per week, with weekly outgoings of $103 made up of Council rates and land rent. Water and electricity costs are billed separately, perfect for investors.
The Sunshine Coast is a great place to buy, with a growing economy fueled by a number of major infrastructure projects totaling over $5 billion including the major expansion of the Sunshine Coast Airport, the development of a medical hub at Kawana, and the development of the Maroochydore City Centre the only greenfield CBD in Australia. Furthermore, it has a strong rental market driven by lifestyle and affordability.
Don t let this great property slip through your hands. Our elderly investor owner is downsizing his investment portfolio and is open to offers.

Property History for 116/48 David Low Way, Diddillibah, QLD 4559

A timeline of how this property has performed in the market
  • 27 Jul 2016
    Listed for Sale Not Disclosed

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About Diddillibah 4559

The size of Diddillibah is approximately 11 square kilometres. It has 6 parks covering nearly 8.4% of total area. The population of Diddillibah in 2011 was 1,157 people. By 2016 the population was 1,398 showing a population growth of 20.8% in the area during that time. The predominant age group in Diddillibah is 40-49 years. Households in Diddillibah are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Diddillibah work in a professional occupation. In 2011, 76.8% of the homes in Diddillibah were owner-occupied compared with 80.3% in 2016.

Diddillibah has 570 properties. Over the last 5 years, Houses in Diddillibah have seen a 89.59% increase in median value, while Units have seen a 78.54% increase. As at 31 October 2024:

  • The median value for Houses in Diddillibah is $1,462,291 while the median value for Units is $874,035.
  • Houses have a median rent of $525.
There are currently 10 properties listed for sale, and no properties listed for rent in Diddillibah on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Diddillibah.

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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.