OFF MARKET

53/885 David Low Way
Marcoola QLD 4564

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 120m2
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Property Details for 53/885 David Low Way, Marcoola

53/885 David Low Way, Marcoola is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 120m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in October 2020.

Building Type
Unit
Year Built
2003
Floor Size
85m2
Land Size
120m2
Local Government
Sunshine Coast Regional
Lot/Plan
53/SP136706

Last Listing description (September 2024)

Perfectly positioned and renovated throughout, this apartment offers a relaxed seaside lifestyle with nothing left to do but move in and enjoy. Whether you are looking for permanent living or a holiday home/investment this unit will tick all the boxes.

- First floor 2 bedroom apartment in a private section of the resort

- North facing balcony connects to large open living and stone kitchen

- Private balcony provides space to relax or entertain

- Designer bathrooms, air-conditioned and a superior level of finish

- Fully furnished, ready to move in or let out immediately

- Covered/secure access to the parking garage with storage unit

- Private access to the dune entry. No road to cross to the beach

- Easy walk to nearby restaurants/bars. Public transport right out front

- Comfortable full time residence or the perfect beachfront investment

- Walk in robe and ensuite to main bedroom

- Nature walks & parks walking distance. Mount Coolum national park 5min drive.

- 15 minute drive to Maroochydore CBD

The Marcoola Beach Resort is one of the best presented and maintained buildings on the sea front. With a recent refresh of the paint and resort style facilities including yoga room, tennis court, lagoon swimming pool with spa, gym, and basketball court there's always plenty on offer for you and your guests. Direct beach access also provides easy access for a quick dip in the ocean whenever you please.

Investment information:
Estimated permanent rental return: $700/wk.
Council rates and unity water charges (approx. combined): $3400/year
Body Corporate and building insurance: $8,762.62/year

Property Code: 3093

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Property History for 53/885 David Low Way, Marcoola, QLD 4564

A timeline of how this property has performed in the market
Last Sold
$390,000
24 Oct 2020
Listed for Rent
$410/w
18 Aug 2017
  • 14 Aug 2024
    Listed for Rent $700 / week
  • 22 Jun 2024
    Listed for Sale Not Disclosed
  • 24 Oct 2020
    Sold for $390,000
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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 2,404 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 26 properties listed for sale, and 6 properties listed for rent in Marcoola on OnTheHouse. According to CoreLogic's data, 96 properties were sold in the past 12 months in Marcoola.

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