38 Oogar StreetMaroochydore QLD 4558
Property Details for 38 Oogar St, Maroochydore
38 Oogar St, Maroochydore is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2023. The property has a land size of 567m2 and floor size of 315m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (May 2022)
This lowset brick and tile classic on a flat 567m2 block, is ready for renovation or rebuild in a PRIME location within walking distance to beaches, surf clubs, cafes, bars, parks, and local shops.
A basic single-level home, circa 1980, it is complete with three bedrooms, one bathroom, combined lounge and dining, central kitchen, covered rear patio, separate laundry, and double lock up garage plus onsite parking.
Existing features include air-conditioning in Master Bedroom, fans, security screens, external and lock-up garden shed; clearly the home can benefit from updating and modernising, and there is potential to extend or rebuild.
You do not have to worry about overcapitalising, as this is a coveted residential pocket that is always in high demand – many older-style homes such as this have been tastefully renovated/extended or demolished with a contemporary lifestyle home built on site.
This is the perfect buy for a land-banker who can invest in a basic, cost-effective renovation to the home and generate a rental income for the time being and on-sell for attractive capital gain in the future. Likewise, it is a fabulous opportunity for tradies/builders to transform and on-sell for profit.
Located on the south-eastern side of Maroochydore, bordering Alexandra Headland; all Alex amenities are within walking distance – it is approximately a 20-minute walk to beach, or a 3-minute drive. Maroochydore's many major amenities are quickly and easily accessed, and Mooloolaba is just a short drive down the road.
Tightly-held since the late 1990's – this is the first time offered to the market since. This is a winning opportunity for the successful purchaser on or before the Auction.you cannot lose in this sought-after lifestyle location!
* Lowset Brick And Tile Classic, Circa 1980 On Flat 567m2
* Solid 3 Bedrooms, 1-Bathroom, Combined Living/Dining
* Rear-Covered Alfresco Patio, Bore Water Supply, Double Garage
* Potential To Property-Flip Through Renovation/Extension
* Builders May Do A Complete Rebuild On-Site For Profit
* Investors Could Do Basic Renovation – Rent Out & Landbank
* Walking Distance To Beaches, Cafes, Parks, Bars, Local Shops
* Sought-After Residential Pocket Bordering Alexandra Headland
Property History for 38 Oogar St, Maroochydore, QLD 4558
- 25 Mar 2022Listed for Rent $650 / week
- 26 Feb 2022Sold for $1,128,000
- 08 Feb 2022Listed for Sale UNDER CONTRACT/OFFER
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0About 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 14,277 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.
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