Cooroibah at a glance
2,280
People
$1,640,000
Median sale
$822/wk
Median rent
2.61%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
QLD › Cooroibah › Morning Glory Dr
$440,000
Last sold
7 Mar 2019
3
Bedrooms
1
Bathrooms
2
Car spaces
607 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$440,000
7 Mar 2019 · derived via latest_sale
Local land rate: recorded House sales in Cooroibah (last 5 years) with land size have a median of $246/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Cooroibah at a glance
2,280
People
$1,640,000
Median sale
$822/wk
Median rent
2.61%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs Cooroibah
-73.2%
Median sale
Suburb $1,640,000
+7.10 pp
Gross yield
Suburb 2.61%
Suburb median $1,640,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $822/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Cooroibah at a glance
2,280
People
$1,640,000
Median sale
$822/wk
Median rent
2.61%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency NoosaName your best price for this cool and charming Sunshine Beach, retro style beach cottage. The sellers must move on which is a fabulous opportunity with abundant potential. This complete blank canvas has an easy-living, open floor plan with warm polished hardwood timber flooring which is so inviting and homely. Comprising high ceilings, wide hallways and generous bedrooms, all attributing to a very comfortable living space.
You will fall in love with this original retro style beach cottage offering an abundance of potential. This complete blank canvas has an easy-living, open floor plan with warm polished hardwood timber flooring which is so inviting and homely. Comprising high ceilings, wide hallways and generous bedrooms, all attributing to a very comfortable living space.
This home displays a north facing aspect with a newly built deck at the front of the property, providing that perfect place to enjoy your morning coffee or relax with an afternoon refreshment. This organic environment is so quiet of a night you can even hear the crashing waves of the ocean whispering off the lakes edge as you drift off to sleep.
With so many projects to excite your senses and imagination, where do you start? You could extend out the back for additional bedrooms and bathroom, build up a level to capture the water views, there is plenty of room for a pool if you desire or build secondary guest accommodation at the rear of the property.the choices are endless!
Lake Cooroibah, being surrounded by National Park is gaining a new appreciation from Noosa Heads buyers seeing real value in this peaceful lifestyle, close to the water and still only moments from town.
* Original Sunshine Beach cottage with an easy floorplan Must Liquidate before 2019.
* Low Fees and High returns - $530-$560pw permanent rental appraisal = 10%+ net return
* Open plan living with high ceilings & northerly aspect inviting in the morning light.
* Newly built front deck, beautifully screened by trees providing privacy to relax & enjoy.
* Direct backyard access from extended driveway with potential for a second dwelling.
* Large fully fenced backyard including lockable garden shed at the rear of the property.
* Just a short walk away from Lake Cooroibah filled abundant wildlife and fresh fish.
* Only 5 minute drive to Tewantin shopping village, trendy cafes, local schools and 20 minutes to Noosas Main Beach and our world famous Hastings Street.
Features:
Split system air-con
Fully Fenced
Listing description written by Noosa - Sales Department, One Agency Noosa — reproduced as published, not verified by Districts.