40/38 David Low Way, Diddillibah is a 2 bedroom, 1 bathroom Unit with 1 parking spaces.
A great investment opportunity, with these renovated units which are located in good positions with one having water glimpses and is located in a quiet part of the resort, while the other is in full view of the resort pool.
These units comprise of two bedrooms with built ins, walk through bathroom, generous kitchen space and each with their own car spot, it really is a good buy.
The resort itself is in a good central location on the Sunshine coast, so whether living in or renting out, the demand and quality is high. Once a thriving tourism hub, this resort is minutes to CBD, entertainment, sporting venues, beaches, shopping and airport.
Investment information
Monthly ground rent $ 460.00
No council fees
Insurance approx $600pa
Utilities per meter
No pets allowed
Currently short term tenancy
Rental yield of up to 7%
Please note property is leasehold, must be cash purchase or equity loan against another freehold property to purchase.
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 574 properties. Over the last 5 years, Houses in Diddillibah have seen a 92.02% increase in median value, while Units have seen a 69.93% increase. As at 30 September 2024:
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