SOLD
Sold on 13 Jan 2024 for $1,250,000

5/221-227 Gympie Terrace
Noosaville QLD 4566

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 100m2
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Property Details for 5/221-227 Gympie Tce, Noosaville

5/221-227 Gympie Tce, Noosaville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 100m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Noosaville in the last 12 months.

Building Type
Unit
Year Built
1989
Floor Size
100m2
Land Size
100m2
Local Government
Noosa
Lot/Plan
5/BUP9704

Last Listing description (July 2021)

Compared to others on this strip of Gympie Terrace, this brilliant apartment would have to represent the best buying in this current market. This location is often referred to as "Millionaires' Row"! You will love the close proximity to restaurants, cafes, shops and boutiques. Enjoy watching the sunrise and sunset from the North facing balcony which boasts 180 Noosa River views.

This fully furnished two bedroom, two bathroom apartment boasts a barbecue area, a large, sparkling inground heated pool, a sizeable security gated undercover car park plus visitor car parks. Set back from the street and with no commercial premises underneath, privacy and peace is assured.

In addition, it is ideally located close to the Sunshine Coast Airport, less than half an hour away.

The North Shore Noosa River Conservation Reserve is directly opposite this apartment. Throw a line in off the public jetty across the road for a fresh catch. Watch the river life go by or make it part of your day. Take a kayak for an early morning paddle in the dawn hush. Run a tinnie up the lakes, fish, swim or sail, all just a few steps out of your door. Play tennis across the road. Revel in a car free lifestyle! Take the flat walk to Noosa Main Beach and Hastings Street, Noosa's famous shopping precinct pulsing with award winning restaurants and galleries.

Luxury apartments under construction next door to this complex (achieving sale prices of $5 million plus each) provide an indication of the immense appeal of the Gympie Terrace lifestyle and location.

Whether holiday or permanently let, or owner occupied, the apartment will be a favourite acquisition to your long term investment portfolio.

Don't miss the opportunity to own your slice of prime Noosa real estate!

Property History for 5/221-227 Gympie Tce, Noosaville, QLD 4566

A timeline of how this property has performed in the market
Last Sold
$1,250,000
13 Jan 2024
  • 13 Jan 2024
    Sold for $1,250,000
  • 27 May 2021
    Sold for $800,000
  • 28 Apr 2021
    Listed for Sale $895,000
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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 7,484 properties. Over the last 5 years, Houses in Noosaville have seen a 82.54% increase in median value, while Units have seen a 112.31% increase. As at 31 July 2024:

  • The median value for Houses in Noosaville is $1,880,901 while the median value for Units is $1,027,550.
  • Houses have a median rent of $900 while Units have a median rent of $650.
There are currently 76 properties listed for sale, and 33 properties listed for rent in Noosaville on OnTheHouse. According to CoreLogic's data, 367 properties were sold in the past 12 months in Noosaville.

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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.