1/21 Bay Terrace Coolum Beach QLD 4573

2 / 2 / 1 / 128 m2

Here you can find what you need to know about 1/21 Bay Terrace , including how much it's approximately worth, a history of what it has previously sold for and even the estimated weekly rent. You can also view comparable house and unit for sale and sold prices, information about Coolum Beach, QLD and much more.

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Property Insights

1/21 Bay Terrace Estimated Value

$488,000 - $573,000

About Estimated Values

An automated valuation model estimate (AVM Estimate) is a statistically derived estimate of the sale or rental value (as the context requires) of the subject property. An AVM Estimate is generated (i) by a computer driven mathematical model in reliance on available data; (ii) without the physical inspection of the subject property; (iii) without taking into account market conditions which may, together or separately, affect the value.

An AVM Estimate is current only at the date of publication or supply and must not be relied upon as a professional valuation or an accurate representation of the market sale or rental value of the subject property.

CoreLogic does not warrant the accuracy, currency or completeness of the AVM Estimate and to the full extent permitted by law, CoreLogic excludes all liability for any loss or damage howsoever arising in connection with an AVM Estimate.
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Last sold for $550,005 on 22/05/2019

Sale Type: Normal Sale

Mortgage
Repayment
$412 pw
This calculation is an estimate of weekly mortgage repayments using the estimated property value and a 20% deposit over a 30 year term. The interest rate applied is the average of the big 4 bank's Standard Variable Rates. This tool is only a guide of what your weekly mortgage repayments might be and does not take into account your personal circumstances such as your borrowing power, the lender's home loan product features, the term of any mortgage and does not include all applicable fees and charges that might be applied if you purchase a property. Your actual weekly mortgage repayments may be different. Before acting on this calculation you should seek professional advice.
Estimated
Rent
High confidence
Gross
Cashflow
Estimated
Gross Yield
High confidence
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Pros & Cons

Things to like
  • Above market cashflow potential
  • Cheaper than comparable properties
  • Low risk of losing value
Things to look out for
  • Slower growth than market average

Investment Strategy Scores

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How we calculate the property Cashflow Score

Each property is given a score out of 100 based on one factor relating to the specific property and one factor relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has higher than average estimated gross yield and is located in a suburb with similarly high yielding properties.

This property National
Estimated
Gross Yield
Manly, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Capital Growth Score

Each property is given a score out of 100 based on one factor relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

This property National
Change in Property
Value (1 yr)
Manly, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the property Lower Risk Score

Each property is given a score out of 100 based on two factors relating to the specific property and three factors relating to the suburb in which the property is located in. Each factor has a specific weighting.

A higher score indicates the property has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to command higher rent than average and therefore attract higher income tenants. Furthermore, it is likely to be easier to sell in the future due to strong market health indicators in the suburb it is located in.

This property National
Change in Property
Value (5 yr)
Estimated weekly
rent
Manly, NSW National
Average Days
on Market
Change in Median
Price (5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

About this Property

Details

Bedrooms 2
Bathrooms 2
Car Spaces 1
Land Size 128 m2
Floor Area 105 m2
House Type Unit: Standard
Council Area Sunshine Coast Regional - Maroochy
Year Built n/a
Zone MIXED HOUSING (4900)
Lot/Plan 1/GTP105436 Coolum Beach QLD
Property Type Unit

Last listing description (June 2019)

White Water Views up the Beach to Noosa
Villa 1 is a two storey townhouse ideally located away from the other buildings in The Point providing privacy and no road noise from David Low way. Being an end unit means more windows, more light, more cross breezes and just one neighbour.

Even better is the value for money with the most recent 2 bedroom Unit 12 selling for $615,000 and 3 bed unit 18 selling for $820,000. Here is your opportunity to secure a prime piece of Coolum Beach real estate with motivated sellers who are meeting the market on price.

Accommodation consists of 2 generous sized bedrooms both with glass sliding doors opening to a paved garden courtyard with ocean views. The bedrooms are serviced by 2 separate bathrooms including an ensuite for the master bedroom.

Upstairs the renovated house-sized kitchen, dining and living room are bathed in sunshine from windows and glass doors. There's a handy study nook positioned at the top of the stairs.

If you thought the blue coral sea views from downstairs were a nice surprise, the ocean views from the top level are just beautiful. White water views up the sandy stretch of beach to Noosa Heads are visible from all rooms including the balcony.

What is unique however to Villa 1 is you are looking over greenery and trees rather than looking over white roofs of other villas.

The covered north facing balcony is the ultimate outdoor room. Protected from the prevailing south-easterly winds it means dining alfesco is possible at all times of the day.

There are two swimming pools at The Point. A centrally located heated pool, and a quiet, seldom used pool near Unit 1 which will feel like your own private pool.

However the walk to the beach is so close with Coolum's 3rd bay directly opposite or the patrolled Coolum Beach with red and yellow flags a 15 minute stroll down the boardwalk.

The townhouse can be lived in, permanently let, holiday let or be a luxury lock-up-and-leave weekender.

Approval for the installation of a unique fibre optic cable line into The Point will provide fast and reliable internet service exclusively for its residents.

There is a single lock up garage on title and four visitor parking places immediately adjacent.

Body Corporate: $136pw
Council Rates: $1900pa
Potential rental return: $520 to $550 permanent / $18k to $23k net holiday letting.

Call Mark Lawler on 0423 766 713 for more information or to arrange a private inspection.

Property Timeline

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Latest Auction Results for Coolum Beach as at 02 August 2020

Property Details
Sale Price
3Bed / 1Bath / 4Car / House
$582,000

State Auction Clearance Rates - August 2020

Auctions Clearance rate
QLD 122 45%
ACT 41 73%
NSW 542 65%
NT 5 60%
SA 30 70%
TAS 0 0%
VIC 256 73%
WA 11 18%

Suburb Insights

Coolum Beach, QLD 4573

No data available Part of: Sunshine Coast Council

Get neighbourhood info and insights with our Suburb Profile

View Coolum Beach Suburb Profile View properties in Coolum Beach

Occupancy


Demographic data provided
by Australian Bureau of Statistics


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Here you can find everything you need to know about 1/21 Bay Terrace, including the property sale history and estimated market value as well as insights into Bay Terrace and Coolum Beach 1/21 Bay Terrace Coolum Beach QLD 4573