SOLD
Sold on 17 Jan 2024 for $1,050,000

5 Norman Avenue
Maroochydore QLD 4558

Bedrooms: 3
Bathrooms: 2
Car spaces: 5
Floor area: 138m2
Land area: 615m2
Sold By
Gordon Mcpherson
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Property Details for 5 Norman Ave, Maroochydore

5 Norman Ave, Maroochydore is a 3 bedroom, 2 bathroom House with 5 parking spaces and was built in 1980. The property has a land size of 615m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Maroochydore in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
138m2
Land Size
615m2
Local Government
Sunshine Coast Regional
Lot/Plan
50/RP66633

Last Listing description (August 2024)

Introducing a truly exceptional investment opportunity in the heart of Maroochydore, Queensland! On offer are two properties (on two separate titles) at numbers 5 and 7 Norman Avenue Maroochydore.

These rare blue chip properties offer endless possibilities for the first home buyer, developer, and investors alike. Boasting a total land size of 1,230 square metres (615m2 each) this prime real estate with medium density zoning in place is perfect to build duplexes, townhouses, etc ensuring plenty of options for future growth and development.

On offer are two separate dwellings buy one or buy both, the choice is yours! House number 5 features 3 spacious bedrooms plus a study, a large 3 bay shed, and concrete pad for boat or caravan storage. This low set residence offers plenty of room for the whole family, while its generous outdoor space allows for easy entertaining and al fresco dining. There is also the option of a dual living arrangement, perfect for the grandparents, teenager or visitors alike.

House 7, an original, partially renovated 2 bedroom cottage, exudes charm and character, making it the perfect starter home or investment property. This charming cottage could be transformed into your dream home or an attractive rental property to capitalise on the areas future growth.

Norman Avenue is a quiet, leafy street, conveniently located just minutes from the river, beaches, cafes, restaurants, and the bustling Maroochydore CBD, these unique properties offer the perfect blend of coastal living and urban convenience.

Don't miss this incredible opportunity to secure a slice of sought-after Maroochydore real estate. Whether you're a first home buyer looking for a place to call your own, a savvy developer seeking your next project, or an investor searching for a solid addition to your portfolio, 5 and 7 Norman Avenue offers limitless potential. Act now to secure your future in this thriving coastal community.

SOLD PRIOR TO AUCTION

Property History for 5 Norman Ave, Maroochydore, QLD 4558

A timeline of how this property has performed in the market
Last Sold
$1,050,000
17 Jan 2024
Listed for Rent
$675/w
03 Aug 2021
  • 17 Jan 2024
    Sold for $1,050,000
  • 09 Jan 2024
    Listed for Sale SOLD PRIOR TO AUCTION
  • 11 Oct 2021
    Listed for Rent - Price not available
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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.

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Gordon Mcpherson
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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.