OFF MARKET

1 Second Avenue
Marcoola QLD 4564

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 112m2
Land area: 546m2
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Last updated 30 Sep 2024
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Property Details for 1 Second Ave, Marcoola

1 Second Ave, Marcoola is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 546m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
1980
Floor Size
112m2
Land Size
546m2
Local Government
Sunshine Coast Regional
Lot/Plan
48/RP93652

Last Listing description (September 2024)

A dual income property with long term tenants in place 10 minutes' walk to the beach does more than provide an instant solid return. Potential development options down the line and land banking this close to the ocean secures a financial future in one of Queensland's fastest growing regions.

Concrete block construction, and recently renovated internals to the house and granny flat offer a comfortable lifestyle to tenants, and minimal maintenance to the owner. Located within walking distance of public transport and expanding local shops/services means high ongoing rental demand.

Property brief:

2 bed/1 bath house + 1 bed/1 bath granny flat

Covered parking spaces x 2. Full length verandah

700m walk to the beach & Mudjimba Esplanade

Low maintenance concrete block exterior

Interior updated 2019/20. Exterior newly painted

Open plan living. Updated kitchens/bathrooms

Led lighting, ceiling fans & air-conditioning

Solar hot water & energy efficient gas cook top

Front load washing machine to granny flat

Walk in storeroom and separate garden shed

Fenced 546sqm block. Side access for boat/van

12 min drive to Maroochydore's evolving CBD

Quality tenants in place (12-month leases)

Rental, rates & utilities information:
Currently returning $1010/week (leased to 4 September 2025)
Rates & water charges (combined): Approx. $3900/year
Water paid by owner. Electricity paid by tenants

Property Code: 3105

Property History for 1 Second Ave, Marcoola, QLD 4564

A timeline of how this property has performed in the market
Last Sold
$380,000
05 Jun 2017
Listed for Rent
$530/w
04 Sep 2023
  • 21 Aug 2024
    Listed for Sale Not Disclosed
  • 25 Aug 2023
    Listed for Rent - Price not available
  • 25 Nov 2019
    Listed for Rent - Price not available
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About Marcoola 4564

The size of Marcoola is approximately 13.7 square kilometres. It has 11 parks covering nearly 27.9% of total area. The population of Marcoola in 2011 was 3,014 people. By 2016 the population was 3,162 showing a population growth of 4.9% in the area during that time. The predominant age group in Marcoola is 50-59 years. Households in Marcoola are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Marcoola work in a trades occupation. In 2011, 43.4% of the homes in Marcoola were owner-occupied compared with 47.8% in 2016.

Marcoola has 2,439 properties. Over the last 5 years, Houses in Marcoola have seen a 125.55% increase in median value, while Units have seen a 92.00% increase. As at 30 September 2024:

  • The median value for Houses in Marcoola is $1,327,248 while the median value for Units is $796,603.
  • Houses have a median rent of $680 while Units have a median rent of $680.
There are currently 29 properties listed for sale, and 4 properties listed for rent in Marcoola on OnTheHouse. According to CoreLogic's data, 100 properties were sold in the past 12 months in Marcoola.

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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.