SOLD
Sold on 19 Mar 2024 for $1,375,000

5/29 Noosa Drive
Noosa Heads QLD 4567

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 84m2
Land area: 111m2
Sold By
Reed and Co. Estate Agents Noosaville
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Property Details for 5/29 Noosa Dr, Noosa Heads

5/29 Noosa Dr, Noosa Heads is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1976. The property has a land size of 111m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Noosa Heads in the last 12 months.

Building Type
Unit
Year Built
1976
Floor Size
84m2
Land Size
111m2
Local Government
Noosa
Lot/Plan
5/BUP2399

Last Listing description (May 2024)

This light-filled apartment features that rarely-found combination of proximity to Noosa's key attractions, sensible Body Corporate fees and good income capability - basically the Holy Trinity for investors. When you add in two car spaces the question is 'Where do I sign'?

Proximity to Hastings Street and living or holidaying on Noosa Hill, virtually nothing comes closer than 'Yaringa'. A short stroll down Noosa Drive boardwalk, this light-filled two-bedroom, one-bathroom apartment is elevated, has views to Laguna Bay and filtered views of Noosa River and enjoys two undercover tandem car parks, a rarity in Noosa. Set in a boutique block of only six, this block is the last block on the right-hand side walking down the hill on Noosa Drive.

Bright and airy, it has been recently painted and features new window furnishings and new furniture. Windows that open to the north and west allow abundant natural light and breezes into the property. The open-plan kitchen/ living/ dining area is light-flooded and has an immediate connection to the outdoor balcony via sliding doors. A split system air conditioning unit means you can keep your cool on even the warmest Noosa days.

Each bedroom comes with built-in robes and ceiling fans, the master having direct access to the full-width balcony. The laundry is shared and positioned a short walk from the back door, with secure owner's lockups located nearby.

Features:
I Recently landscaped gardens
I Short walk to Hastings Street
I Two allocated car spaces
I Considered construction where nobody is directly above or below you
I Well maintained grounds with tropical gardens and communal facilities
I Close to Noosa Junction and Noosa National Park
I Showing good income as an approved short-term rental
I Small block of just six apartments
I Body Corporate fees of approx. $6,560 p.a.
I Solid figures from short-term rental

To discover more about this fabulous apartment please contact Kate Cox, 0438 695 505, or kate@reedandco.co

Property History for 5/29 Noosa Dr, Noosa Heads, QLD 4567

A timeline of how this property has performed in the market
Last Sold
$1,375,000
19 Mar 2024
Listed for Rent
$345/w
06 Sep 2014
  • 19 Mar 2024
    Sold for $1,375,000
  • 06 Feb 2024
    Listed for Sale SOLD FOR $1,375,000
  • 05 Apr 2023
    Sold for $1,200,000
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About Noosa Heads 4567

The size of Noosa Heads is approximately 13 square kilometres. It has 18 parks covering nearly 75.8% of total area. The population of Noosa Heads in 2011 was 3,998 people. By 2016 the population was 4,469 showing a population growth of 11.8% in the area during that time. The predominant age group in Noosa Heads is 60-69 years. Households in Noosa Heads are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Noosa Heads work in a professional occupation. In 2011, 62.7% of the homes in Noosa Heads were owner-occupied compared with 67.3% in 2016.

Noosa Heads has 5,722 properties. Over the last 5 years, Houses in Noosa Heads have seen a 69.90% increase in median value, while Units have seen a 121.42% increase. As at 30 September 2024:

  • The median value for Houses in Noosa Heads is $2,003,067 while the median value for Units is $1,663,246.
  • Houses have a median rent of $1,300 while Units have a median rent of $750.
There are currently 110 properties listed for sale, and 17 properties listed for rent in Noosa heads on OnTheHouse. According to CoreLogic's data, 236 properties were sold in the past 12 months in Noosa heads.

Suburb Insights for Noosa Heads 4567

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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.