SOLD
RECENT ADVICE
Sold on 06 Nov 2024 for $630,000

4/10 Spring Street
Sippy Downs QLD 4556

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 139m2
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Property Details for 4/10 Spring St, Sippy Downs

4/10 Spring St, Sippy Downs is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Sippy Downs in the last 12 months.

Building Type
Unit
Floor Size
139m2

Last Listing description (November 2024)

Invest in the heart of the Sunshine Coast’s education hub with the purchase of this dual level townhouse in a well-located modern complex within walking distance to the university, schools, dining, retail, sporting/leisure facilities, and public transport.

Each level is self-contained with the ground floor a studio-like design with open plan living/bedroom, kitchen/laundry combo, bathroom, and private courtyard; the upper floor comprises one ensuited bedroom, kitchen, living, covered balcony, and compact laundry; there is one single lock-up garage.

Split system air-conditioning in both living areas, ceiling fans, easy-care timber look vinyl flooring, stone benches in kitchens and bathrooms, stainless steel appliances, and 1.5kW solar power; are existing features; and its low maintenance build and design makes it ultra-low maintenance.

Currently tenanted on each level – currently returning $870 per week total, with the landlord paying power and internet; leases expire in March 2025. Its location in a high-employment and education precinct ensures securing tenants should never be a problem – from university students, lecturers/teachers, hospitality staff at the nearby tavern of The Bower Bird are just some of the pool of people that may desire to live near work or study.

The complex is pet-friendly (subject to body corporate approval) and there is a central park area with BBQ facilities for residents to socialise and utilise. Also walking distance to gyms, the Chancellor Park golf driving range, and USC Aquatic Centre – there’s no excuse not to keep fit and active in and around the neighbourhood.

Along with investors other possible buyers could include downsizers looking for an easy property to lock-and-leave when off travelling, entry level singles/couples, and professionals working nearby (university/school/medical centre etc.)

Access to the Sunshine Motorway connecting you to Mooloolaba within 15 minutes or to the M1 to Brisbane Airport within 60 minutes; is less than five minutes’ drive. All Sunshine Coast amenities are easily accessible from here, Sippy Downs is very centrally located, another reason it is so popular with investors and residents alike.

Investor owner is motivated to sell; if you’re in the market to buy something like this, then we need to talk today!

Summary of Features:

- Modern dual level townhouse
- Each level fully self-contained
- Currently 2 sets of tenants
- 2 bedrooms, 2 bathrooms, 2 living areas
- Private gated ground floor courtyard
- Upper level has covered tiled balcony
- 2 x split system A/C, 1.5kW solar power
- Low body corporate, pet-friendly (stbca)
- Both levels tenanted until March 2025
- Walk to uni, schools, shops, dining, bus
- 14 minutes’ drive to Mooloolaba Beach
- Quick easy access to the motorway

Property History for 4/10 Spring St, Sippy Downs, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$630,000
06 Nov 2024
  • 06 Nov 2024
    Sold for $630,000
  • 27 Sep 2024
    Listed for Sale SOLD
  • 24 Sep 2020
    Sold for $355,000

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About Sippy Downs 4556

The size of Sippy Downs is approximately 14.5 square kilometres. It has 20 parks covering nearly 57.6% of total area. The population of Sippy Downs in 2011 was 9,088 people. By 2016 the population was 10,281 showing a population growth of 13.1% in the area during that time. The predominant age group in Sippy Downs is 10-19 years. Households in Sippy Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sippy Downs work in a professional occupation. In 2011, 54.7% of the homes in Sippy Downs were owner-occupied compared with 52.4% in 2016.

Sippy Downs has 4,914 properties. Over the last 5 years, Houses in Sippy Downs have seen a 69.38% increase in median value, while Units have seen a 98.14% increase. As at 30 November 2024:

  • The median value for Houses in Sippy Downs is $908,474 while the median value for Units is $585,218.
  • Houses have a median rent of $690 while Units have a median rent of $560.
There are currently 19 properties listed for sale, and 6 properties listed for rent in Sippy downs on OnTheHouse. According to CoreLogic's data, 248 properties were sold in the past 12 months in Sippy downs.

Suburb Insights for Sippy Downs 4556

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Zane Hau
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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.