SOLD
Sold on 09 Oct 2023 for $575,000

2/7 Lerner Street
Pacific Paradise QLD 4564

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 88m2
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Property Details for 2/7 Lerner St, Pacific Paradise

2/7 Lerner St, Pacific Paradise is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1993. The property has a land size of 88m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom House sold in Pacific Paradise in the last 12 months.

Building Type
House
Year Built
1993
Floor Size
88m2
Land Size
88m2
Local Government
Sunshine Coast Regional
Lot/Plan
2/BUP12935

Last Listing description (April 2021)

Whether youre looking to downsize, tired of renting or just want to simplify your life a little, a duplex is often a hard package to beat. House-like room sizes and privacy, with only one neighbour and no outside body corporate keeps bills low and puts you in control. Heart of the village too, so just a few minutes walk to school, shops, cafs and tavern. This is also one of the larger floor plans built in the area. While much of the property is original, the oversized open living/kitchen provide options to modernise and create a standout home with more furniture and layout possibilities compared to most homes in this price range.

- 2 bedroom, 1 bathroom, large open living area off kitchen
- Built in & walk in robe to bedrooms, 2-way bathroom to main bed

- Air-conditioning to lounge/dining. Fenced courtyard/established garden
- Covered pergola plus front verandah provide plenty of outdoor space
- 100m to the shopping/medical/school. Bus stop three doors away
- 1.25KW grid connected solar PV keeps energy bills to a minimum
- 2.1km to Mudjimbas patrolled surf beach and the buzz of the esplanade
- Low maintenance brick exterior and colorbond roof
- Floating timber floor system to living/kitchen and walkways
- No outside Body Corporate means fewer bills and greater control

Long term permanent neighbours surround, providing a sense of stability and security. Whilst any work here would certainly add value, the property is move in ready. The low-maintenance aspects of this home, and central location mean theres time to hang up the car keys and walk around the corner for coffee. Alternatively, jump on your pushbike and be on the beach in minutes. Reducing your carbon footprint has never felt so good!

Investment information
Estimated permanent rental return: $420/week
Council rates & water charges: approx $3100/year
Self-managed Body Corporate fees: $806/year (building/public liability insurance only)

Property History for 2/7 Lerner St, Pacific Paradise, QLD 4564

A timeline of how this property has performed in the market
Last Sold
$575,000
09 Oct 2023
Listed for Rent
$310/w
11 Feb 2015
  • 09 Oct 2023
    Sold for $575,000
  • 30 Mar 2021
    Sold for $435,000
  • 23 Mar 2021
    Listed for Sale $409,000
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About Pacific Paradise 4564

The size of Pacific Paradise is approximately 4.2 square kilometres. It has 8 parks covering nearly 2.1% of total area. The population of Pacific Paradise in 2011 was 2,168 people. By 2016 the population was 2,188 showing a population growth of 0.9% in the area during that time. The predominant age group in Pacific Paradise is 0-9 years. Households in Pacific Paradise are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pacific Paradise work in a trades occupation. In 2011, 61.3% of the homes in Pacific Paradise were owner-occupied compared with 64.3% in 2016.

Pacific Paradise has 1,194 properties. Over the last 5 years, Houses in Pacific Paradise have seen a 88.16% increase in median value, while Units have seen a 79.40% increase. As at 30 September 2024:

  • The median value for Houses in Pacific Paradise is $934,425 while the median value for Units is $607,635.
  • Houses have a median rent of $660 while Units have a median rent of $555.
There are currently 4 properties listed for sale, and 1 property listed for rent in Pacific paradise on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Pacific paradise.

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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.