OFF MARKET

118/223 Weyba Road
Noosaville QLD 4566

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 50m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 28 Oct 2024
Low

High
Save

Property Details for 118/223 Weyba Rd, Noosaville

118/223 Weyba Rd, Noosaville is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 50m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1990
Floor Size
56m2
Land Size
50m2
Local Government
Noosa
Lot/Plan
118/SP124749

Last Listing description (January 2022)

We think a lot of people will miss this listing as their search criteria will not believe a freehold property can be bought at this price.
This is studio apartment, and as you can see from the photos it can sleep 3 easily.
It is rented through the onsite management on holiday rentals, and i need to say that if you are looking for a place to live, please do not enquire, as the body corporate bye-laws do not allow anything other than short term rentals.

It also does not have a kitchen, and because of the size being under 50m2, banks will not lend on it, so you either need to be a cash buyer or have equity in another property for a cross security.
Well, there is the bad new out of the way - the good news is that as mentioned above, there is nothing else available as far as we know under $200,000, so if you are looking for a Noosa bolt hole for weekending, this might fit the bill. The property has recently been upgraded including a new air-conditioner and the bathroom has been renovated, and original artwork by a prominent local artist has been added. A great location, close to the Noosa River, Dan Murphys and Woolies
Financials should be available early next week.
Also there is a massive bank of solar panels - around 120 in all and individual owners do not pay any electricity at all - it all comes out of the body corporate.
The income has been surprisingly good, and in fact I would call this property Covid proof, as the SE Qlders have been frequent visitors.

Property History for 118/223 Weyba Rd, Noosaville, QLD 4566

A timeline of how this property has performed in the market
Last Sold
$166,500
10 Jan 2022
  • 10 Jan 2022
    Sold for $166,500
  • 01 Jan 2022
    Listed for Sale Offers over $150,000
  • 21 Mar 2017
    Sold for $90,000
Sign in to see more transactions

Commute Calculator

About Noosaville 4566

The size of Noosaville is approximately 25.8 square kilometres. It has 29 parks covering nearly 25% of total area. The population of Noosaville in 2011 was 7,116 people. By 2016 the population was 8,128 showing a population growth of 14.2% in the area during that time. The predominant age group in Noosaville is 60-69 years. Households in Noosaville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Noosaville work in a professional occupation. In 2011, 60.6% of the homes in Noosaville were owner-occupied compared with 65.8% in 2016.

Noosaville has 7,437 properties. Over the last 5 years, Houses in Noosaville have seen a 72.33% increase in median value, while Units have seen a 102.18% increase. As at 30 September 2024:

  • The median value for Houses in Noosaville is $1,863,207 while the median value for Units is $987,764.
  • Houses have a median rent of $925 while Units have a median rent of $705.
There are currently 96 properties listed for sale, and 31 properties listed for rent in Noosaville on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Noosaville.

Suburb Insights for Noosaville 4566

Market Insights
Noosaville Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Noosaville Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.