SOLD
Sold on 18 Dec 2023 for $910,000

1/23 Ridge Road
Maroochydore QLD 4558

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 116m2
Land area: 169m2
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Property Details for 1/23 Ridge Rd, Maroochydore

1/23 Ridge Rd, Maroochydore is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 2017. The property has a land size of 169m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Townhouse sold in Maroochydore in the last 12 months.

Building Type
Townhouse
Year Built
2017
Floor Size
116m2
Land Size
169m2
Local Government
Sunshine Coast Regional
Lot/Plan
1/SP296349

Last Listing description (August 2022)

Simply stunning 2 storey townhouse, just moments to the Maroochydore CBDFantastic investment income and future growth is assured in this immaculate, very well maintained property. In a small group of 3 townhouses, the front unit oozes sophistication, with high raked ceilings on the upper level, extraordinary light and breezy design with a unique floor plan providing potential for dual living, extended family living or Airbnb opportunities. Rental income is exceptional at $810/wk- Ground floor comprises one large airconditioned bedroom/studio with en-suite opening to a private courtyard- Includes a fridge, washing machine, tv and bed as shown in the photos- Upstairs comprises a large bright and well appointed kitchen with stone benchtops- Generous living and dining areas with large east facing balcony- Wide sliding doors and louvre windows to capture summer breezes- 2 generous bedroom upstairs each have their own bathroom (3 bedroom and 3 bathroom property) - Double garage includes a laundry facility and internal access to the townhouse- Amazing rental return of $810/wk and extremely low Body corp fees approx $3000/yrThe Sunshine Coast continues to impress buyers from all over Australia, showing to be one of the fastest growing areas in the country. Extremely high demand for rentals will continue into the future spurred on by the remarkable infrastructure projects currently underway in the region including:- Brand new 6 star Greenfield CBD 12min walk- New International airport 10 minute drive- Future planned light and fast rail- World class medical precinct 15min drive- Amazing lifestyle and holiday destination.......just the PERFECT Investment!

Property History for 1/23 Ridge Rd, Maroochydore, QLD 4558

A timeline of how this property has performed in the market
Last Sold
$910,000
18 Dec 2023
Listed for Rent
15 Jan 2021
  • 18 Dec 2023
    Sold for $910,000
  • 28 Jul 2022
    Sold for $799,000
  • 11 Jul 2022
    Listed for Sale Offers Over $799,000
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About Maroochydore 4558

The size of Maroochydore is approximately 12.6 square kilometres. It has 31 parks covering nearly 17% of total area. The population of Maroochydore in 2011 was 14,445 people. By 2016 the population was 16,764 showing a population growth of 16.1% in the area during that time. The predominant age group in Maroochydore is 20-29 years. Households in Maroochydore are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maroochydore work in a professional occupation. In 2011, 50.4% of the homes in Maroochydore were owner-occupied compared with 49% in 2016.

Maroochydore has 14,276 properties. Over the last 5 years, Houses in Maroochydore have seen a 73.59% increase in median value, while Units have seen a 80.66% increase. As at 31 October 2024:

  • The median value for Houses in Maroochydore is $1,102,051 while the median value for Units is $859,985.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 153 properties listed for sale, and 89 properties listed for rent in Maroochydore on OnTheHouse. According to CoreLogic's data, 708 properties were sold in the past 12 months in Maroochydore.

Suburb Insights for Maroochydore 4558

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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.