OFF MARKET

4/2 Springhill Drive
Sippy Downs QLD 4556

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 114m2
Land area: 172m2
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Property Details for 4/2 Springhill Dr, Sippy Downs

4/2 Springhill Dr, Sippy Downs is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2003. The property has a land size of 172m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last transferred in October 2017.

Building Type
Townhouse
Year Built
2003
Floor Size
114m2
Land Size
172m2
Local Government
Sunshine Coast Regional
Lot/Plan
4/SP168130

Last Listing description (May 2018)

This large and spacious 2 Storey Townhouse has been held by the owners since new and represents great value buying for Townhouses of this size.

Well located in the private and secure gated Parklake Terraces at Sippy downs this Townhouse boasts 3 large Bedrooms. Large Main Bedroom with Ensuite and 2 additional rooms are located upstairs. Downstairs features open plan living, lounge, dining and kitchen.
2 Car Accom, front and rear courtyards with rear access to University way and Bus Stop. Complex is very well maintained with manicured gardens and boasts a large tropical inground Pool.

Parklake Terraces is perfectly positioned in the heart of an education precinct and is in the catchment area for Chancellor College. Its close to Siena Catholic, Matthew Flinders Anglican College and the Sunshine Coast University Campus.

The complex enjoys 100% occupancy all year round and is very popular with young families. Rental demand is strong and owners are enjoying very good returns on their investments. With the conveniences of local shopping centres, cafes, hotels all within walking distance, your investment is well placed to grow.

The surf beaches of Mooloolaba and Maroochydore are a short 15 min drive or a little longer if you use the ample bike paths.

Properties of this size and quality are no longer available new at these prices. You would be crazy to purchase new with value like this. Buy now to occupy or hold as an Investment with excellent rental and a long-term tenant.

Body Corporates are approx. $1600 per half year. Inspect by appointment.

Property History for 4/2 Springhill Dr, Sippy Downs, QLD 4556

A timeline of how this property has performed in the market
Last Transferred
$352,000
16 Oct 2017
Listed for Rent
$415/w
10 May 2018
  • 04 May 2020
    Transferred for $99,375
  • 23 Apr 2018
    Listed for Rent - Price not available
  • 16 Oct 2017
    Sold for $352,000
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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 4,864 properties. Over the last 5 years, Houses in Sippy Downs have seen a 69.86% increase in median value, while Units have seen a 76.95% increase. As at 31 October 2024:

  • The median value for Houses in Sippy Downs is $898,708 while the median value for Units is $562,553.
  • Houses have a median rent of $680 while Units have a median rent of $535.
There are currently 24 properties listed for sale, and 6 properties listed for rent in Sippy downs on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in Sippy downs.

Suburb Insights for Sippy Downs 4556

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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.