OFF MARKET

8/939-941 David Low Way
Marcoola QLD 4564

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 98m2
Land area: 125m2
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Property Details for 8/939-941 David Low Way, Marcoola

8/939-941 David Low Way, Marcoola is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 125m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in April 2015.

Building Type
Unit
Year Built
2000
Floor Size
98m2
Land Size
125m2
Local Government
Sunshine Coast Regional
Lot/Plan
8/SP114823

Last Listing description (June 2015)

Northerly aspect and positioned in a beachfront tower comprising of only 32 units means this 2 bedroom apartment would make a great holiday home or full time residence.
* Absolute beachfront 2 bedroom unit with north facing balcony
* Granite bench tops to kitchen, tiled open living (air-conditioned)

* Ensuite/large robe to main bedroom, good size second bed
* Open living connects to balcony for natural light & sea breeze
* First floor location with lift or stair access. Secure parking x 1
* Exterior of building recently repainted and very well maintained
* Small boutique complex. Onsite manager and low body corporate
* Resort facilities include tennis court, lagoon pool and BBQ area
* 1st floor position in building with lift and stair access to foyer
* Shared roof top garden (furnished) with sweeping ocean views
* Suit full time or holiday living. Demand for both in this location
* 25 Mins drive to Noosa and 7 Minutes drive to Sunshine Plaza
Salerno is a sought after building in this area. It's one of the smallest beachfront complexes meaning it can offer good facilities to holiday makers, as well as a higher level of peace and privacy for full time residents. Below replacement cost makes this a great opportunity to secure a beachfront apartment before the market really starts to move again.
Investment information:
Estimated permanent rental return: $16,120/year ($310/week)
Approximate Rates and Water charges: Approx $2,500/year
Body Corporate Fees: Approx $4,000/year

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Property History for 8/939-941 David Low Way, Marcoola, QLD 4564

A timeline of how this property has performed in the market
Last Sold
$275,000
18 Apr 2015
  • 18 Apr 2015
    Sold for $275,000
  • 15 Oct 2014
    Listed for Sale $285,000
  • 06 Sep 2013
    Listed for Sale OFFERS OVER $279,000
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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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