OFF MARKET

16 Rex Terrace
Marcoola QLD 4564

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 107m2
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Property Details for Lot 1/16 Rex Tce, Marcoola

Lot 1/16 Rex Tce, Marcoola is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 107m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Year Built
1980
Floor Size
67m2
Land Size
107m2
Local Government
Sunshine Coast Regional
Lot/Plan
1/SP315363

Last Listing description (November 2019)

As a stand alone duplex unit this recently renovated property offers the perfect low maintenance walk to beach lifestyle, or an easy investment property. Add to this the unit next door is also on the market and dual income streams or dual occupancies are very real options too.

2 bedrooms/1 bathroom/open living and single carport. Fenced courtyard

Stone bench tops, quality appliances, fixtures and fittings throughout
Completely redecorated indoors and out. Established plants & landscaping
Good sized bedrooms with built in wardrobes. Insect screens and ceiling fans
300m to the surf beach & local shops/cafes. Abundance of light & breezes
Off-street parking ideal for extra vehicle. Secure yard for children/pets
Large north facing garden for winter sun and summer breezes
Room to add additional covered outdoor living or even an extension
Tandem design and additional screening for privacy between units
Same owner for whole building means options to buy one or both units
North/south aspect ideal for year round air-flow and sunshine
Easy 5 minute walk to beach/cafes. 12 minute drive to Maroochydore CBD
No outside body corporate fees. Insurance only and greater control

Set back from the street and offering plenty of outdoor space and privacy makes this the next best thing to owning a house. At the same time the sturdy concrete block exterior and zinc alum roof, along with all the updates inside means theres nothing left to do but enjoy everything this location has to offer.

Investment information:
Rates & water charges: Approx. $2850/year
Current permanent rental return: $390/week (unit 2) $350/week (unit 1)
Body Corporate: No outside body corporate fees building insurance only

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Property History for Lot 1/16 Rex Tce, Marcoola, QLD 4564

A timeline of how this property has performed in the market
Last Sold
$600,000
09 May 2023
  • 09 May 2023
    Sold for $600,000
  • 22 Jun 2020
    Sold for $382,250
  • 02 Sep 2019
    Listed for Sale $385,000ea

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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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