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
$750,000
Last sold
22 Nov 2018
4
Bedrooms
2
Bathrooms
5
Car spaces
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
$750,000
22 Nov 2018 · derived via latest_sale
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
-54.3%
Median sale
Suburb $1,640,000
+3.09 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 Tom Offermann Real EstateA serene environment, relax and take in the fresh air whilst admiring the filtered lake views from either of the covered outdoor patios spread across both levels of this well constructed and beautifully finished lakeside home.
Only 15 minutes to the heart of Noosa, it's hard to believe you can live on the water's edge with gorgeous views and water access at this price. Steps down from the back yard leads you to one of the four lakes connected along the pristine Noosa River system and a lifetime of enjoyment.
Thriving with sea life including fish, mud crabs and prawns, this location offers ample opportunity to indulge in the outdoor lifestyle, perfect for fishing, kayaking, boating, wind surfing and sailing.
As well as the sandy beach, Lake Cooroibah also offers a nearby boat launch ramp and with over 2 kilometers in the Lakes circumference alone and access through the entire Noosa River system there is plentiful space to enjoy a variety of marine activities.
Originally built in the eighties with some original character of its era including quality craftsmanship, it's hard to imagine looking at its present curb appeal that it's not a brand new home. Elevated over 30 feet above water level, the position is ideal for maximising views and enjoying fresh breezes and the abundant natural light.
The list of features is long and houses of this quality are few and far between. From the base up the solid concrete foundation supports a formidable rendered double brick construction, with a brand new colour bond roof as the cherry on top.
Inside is a haven of delights with warm timber floors on the upper level complimented by plantation shutters offering an elegant style and privacy. The modern and spacious kitchen represents absolute quality with a 2-pac finish, glass splash back and soft closing cabinetry. Neutral 40ml stone lines the bench tops and top of the line Bosch appliances set the stage including a deluxe gas cook top.
Configured with multiple self contained living areas across both levels, there is also an ideal opportunity for dual living arrangements or an extra source of rental income.
This property presents as an estate with motorised gate entry behind a private and secure front wall leading to an enormous quality undercover carport which comfortably services multiple vehicles, including height to store a large boat or caravan.
Operating on town sewer and water with an added 5000 litre filtered rain water tank and plenty of space for a sizeable pool if desired, living within 15 minutes of Noosa's heart with gorgeous water views has never looked more attractive!
Features:
7 minutes to Tewantin city centre (shopping / schools).
15 minutes to Noosa's heart.
Quality construction with quality finishes.
Gorgeous Lake views from multiple levels.
Property sits over 30 feet above water level.
Back yard path allows easy access to the lakes edge.
Listing description written by Jesse Stowers, Tom Offermann Real Estate — reproduced as published, not verified by Districts.