SOLD
Sold on 14 May 2024 for $572,000

110 Boronia Drive
Poona QLD 4650

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6048m2
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Property Details for 110 Boronia Dr, Poona

Building Type
Land
Land Size
6048m2
Local Government
Fraser Coast Regional
Lot/Plan
1/SP266688

Last Listing description (November 2023)

This approved development site offers an exceptional business and lifestyle opportunity within this picturesque seaside town along Queensland's Fraser Coast.

The property's beautiful location is less than 1 minute walk from Poona Beach and within a popular lifestyle and tourist destination that has experienced strong recent growth in sale prices and volumes.


The opportunity exists for owner operators, investors, or developers to create a boutique accommodation or mixed-use precinct set within low-density landscaped surrounds.

The approval grants the use of 6 x cabins plus a manager's residence, local convenience shops and a style food and drink van.

Each use on-site has the ability to provide multiple income streams through self-managed operation or leasing of the commercial space.

Access to Poona is an easy drive from the Bruce Highway with the major towns of Maryborough (30 mins), Hervey Bay (50 mins) and Noosa (90min) within close proximity.

With over 3km of accessible coastline, Poona is established alongside the Great Sandy Straight. The town provides a sheltered position and is orientated alongside the water to capture the cool south-east breezes.

Queensland's coastal towns represent great value with land and commercial properties being snapped up by discerning investors and developers. Population influx has driven unprecedented pricing to these areas. The new values established in these towns is likely to remain strong as the regions offer lifestyle and opportunities for residents and a significantly lower price point to other major centres.

With an entry-level price of only $550,000 + GST, you will never see the land at this price again. To ensure you have the opportunity to capitalise on the growth of this beachside town before it is fully discovered, contact us for more details.

Property History for 110 Boronia Dr, Poona, QLD 4650

A timeline of how this property has performed in the market
Last Sold
$572,000
14 May 2024
  • 14 May 2024
    Sold for $572,000
  • 22 Apr 2021
    Sold for $385,000
  • 22 Nov 2019
    Listed for Sale $350,000

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About Poona 4650

The size of Poona is approximately 3.5 square kilometres. It has 1 park covering nearly 6.4% of total area. The population of Poona in 2011 was 382 people. By 2016 the population was 496 showing a population growth of 29.8% in the area during that time. The predominant age group in Poona is 60-69 years. Households in Poona are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Poona work in a labourer occupation. In 2011, 82% of the homes in Poona were owner-occupied compared with 78.2% in 2016.

Poona has 689 properties. Over the last 5 years, Houses in Poona have seen a 106.35% increase in median value, while Units have seen a 103.04% increase. As at 30 September 2024:

  • The median value for Houses in Poona is $563,928 while the median value for Units is $515,330.
  • Houses have a median rent of $533.
There are currently 5 properties listed for sale, and no properties listed for rent in Poona on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Poona.

Suburb Insights for Poona 4650

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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.