SOLD
Sold on 02 Feb 2024 for $605,000

Armada Crescent
Jubilee Pocket QLD 4802

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 28300m2
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Property Details for Lot 165 Armada Cres, Jubilee Pocket

Building Type
Land
Land Size
28300m2
Local Government
Whitsunday Regional
Lot/Plan
165/SP285380

Last Listing description (April 2022)

Approved Development site and or large house home site
Stage 4 - 23 DA approved residential lots
Stage 5a and 5b - DA approved for 115 blocks and 86 apartments

Approximately 12 of these lots have a current operational works permit and have already started construction. These lots have already been mostly cleared and roads pushed through.
The new owner could quite quickly complete and sell these lots and receive a return on investment within 12 months.
A short drive from the main street of Airlie Beach, this land should be inspected immediately as this opportunity will not last.
This is an opportunity to finish the build and receive an almost instant return on your investment.
All offers considered
Call mark Beale 0404498790

Property History for Lot 165 Armada Cres, Jubilee Pocket, QLD 4802

A timeline of how this property has performed in the market
Last Sold
$605,000
02 Feb 2024
  • 02 Feb 2024
    Sold for $605,000
  • 05 Aug 2021
    Listed for Sale Price on Application

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About Jubilee Pocket 4802

The size of Jubilee Pocket is approximately 3.8 square kilometres. It has 13 parks covering nearly 2.8% of total area. The population of Jubilee Pocket in 2011 was 1,690 people. By 2016 the population was 1,821 showing a population growth of 7.8% in the area during that time. The predominant age group in Jubilee Pocket is 30-39 years. Households in Jubilee Pocket are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Jubilee Pocket work in a trades occupation. In 2011, 50.9% of the homes in Jubilee Pocket were owner-occupied compared with 52.5% in 2016.

Jubilee Pocket has 1,115 properties. Over the last 5 years, Houses in Jubilee Pocket have seen a 72.88% increase in median value, while Units have seen a 61.30% increase. As at 31 October 2024:

  • The median value for Houses in Jubilee Pocket is $692,502 while the median value for Units is $407,832.
  • Houses have a median rent of $710 while Units have a median rent of $500.
There are currently 7 properties listed for sale, and 6 properties listed for rent in Jubilee pocket on OnTheHouse. According to CoreLogic's data, 68 properties were sold in the past 12 months in Jubilee pocket.

Suburb Insights for Jubilee Pocket 4802

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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.