SOLD
Sold on 21 Feb 2024 for $1,565,420

4 Elizabeth Farm Court
Maroochydore QLD 4558

Bedrooms: 8
Bathrooms: 5
Car spaces: 2
Floor area: 113m2
Land area: 2402m2
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Property Details for 4 Elizabeth Farm Ct, Maroochydore

4 Elizabeth Farm Ct, Maroochydore is a 8 bedroom, 5 bathroom House with 2 parking spaces. The property has a land size of 2402m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 8 bedroom House sold in Maroochydore in the last 12 months.

Building Type
House
Floor Size
113m2
Land Size
2402m2
Local Government
Sunshine Coast Regional
Lot/Plan
32/RP167060

Last Listing description (October 2023)

Amber Werchon Property proudly presents an exceptional opportunity: 4 & 6 Elizabeth Farm Court, Maroochydore. This centrally located parcel of land with 3806m2 has development approval (DA) to subdivide from two blocks into six, with two of the lots suitable as duplex sites, providing a great opportunity for builders, developers and savvy investors.

Two of the six blocks have existing solid brick dwellings on them. Lot 1 boasts a spacious double-storey home with five bedroom, three bathroom, and a two-car garage on 603m2 with a floor plan that lends itself to dual living with self-contained levels and separate entries. On Lot 6, there's a charming single-storey home with three bedroom, two bathroom, and a two-car garage on 787m2.

The remaining vacant lots are situated at the rear of the existing residences, on the southern side being accessed via Allora Drive, and being comprised of:

Lot 2: 600m2 (dual occupancy site)
Lot 3: 600m2
Lot 4: 600m2 (dual occupancy site)
Lot 5: 626m2

Convenience abounds in this sought-after location, with local schools, tavern, Sunshine Cove, and parks all within walking distance. The site is located within a 1.5km-4km radius to major facilities including shopping centres, dining venues, leisure activities, and commercial hubs, including the new Maroochydore CBD, poised to become the largest business district north of Brisbane the locale is prime. It's also only a five minute drive to the river, and 10 minutes to beaches and the airport.

Maroochydore is the vibrant coastal heart of the region, and it has been consistently reaping the rewards of multi-millions of dollars in infrastructure from both the public and private sectors, transforming and accelerating its commercial growth as well as increased lifestyle appeal, making it an attractive destination for residents and investors alike. Its future could not look brighter.

Contact Dan Lal or Kerry-Anne Crolwey to obtain site plan and relevant approval information pertinent to this opportunity. Whether purchasing to develop immediately or to hold for heightened capital gain in coming years, this is smart buying for the right purchaser who recognizes the exceptional potential on offer.

Property History for 4 Elizabeth Farm Ct, Maroochydore, QLD 4558

A timeline of how this property has performed in the market
Last Sold
$1,565,420
21 Feb 2024
  • 21 Feb 2024
    Sold for $1,565,420
  • 09 Jun 2023
    Listed for Sale Not Disclosed
  • 15 Jan 1990
    Sold for $145,000

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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 14,277 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.
There are currently 152 properties listed for sale, and 91 properties listed for rent in Maroochydore on OnTheHouse. According to CoreLogic's data, 720 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.