Cooroy at a glance
5,644
People
$1,198,500
Median sale
$822/wk
Median rent
3.57%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
QLD › Cooroy › Lake Macdonald Dr
$1,050,000
Last sold
7 Aug 2024
4
Bedrooms
2
Bathrooms
0
Car spaces
4,487 m²
Land
268 m²
Building
Districts View
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
$1,050,000
7 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Cooroy (last 5 years) with land size have a median of $1,103/m² of land (n=138). Districts calculation from recorded sales — not a valuation.
Cooroy at a glance
5,644
People
$1,198,500
Median sale
$822/wk
Median rent
3.57%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Vs Cooroy
-12.4%
Median sale
Suburb $1,198,500
+0.50 pp
Gross yield
Suburb 3.57%
Suburb median $1,198,500 from 48 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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
Cooroy at a glance
5,644
People
$1,198,500
Median sale
$822/wk
Median rent
3.57%
Suburb gross yield
Median sale from 48 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by HinternoosaAttention all astute buyers, this is a remarkable opportunity to secure a four bedroom home on just over an acre (4,487m2) right in the thriving Noosa hinterland township of Cooroy, that is within the local Council guidelines for a subdivision** Situated so close to all that Cooroy has to offer with it's restaurants, shops, IGA's, transport, and schools, this fully serviced property makes sense for so many reasons and with so many options.
Here are just a few to consider.
• Live in the home as is and enjoy the space and freedom of living on a large block of land, keeping the option to subdivide for your future
• Subdivide off a block and build, then live in the new home retaining the existing one as an investment property
• Subdivide off a block and build a new home, then sell the existing home
• Subdivide off a block and sell it as vacant parcel of land
• Possible approval for 2 lots to be subdivided when extra due diligence is undertaken
About the existing home, originally built in the 1980's the brick exterior doesn't give much away from the road. It has real hardwood timber floors, good size bedrooms and living spaces, with a modern ensuite and walk in robe in the main bedroom. The addition of the rear timber deck adds to the home's liveability plus there are solar panels. When thinking of your next purchase why not consider the added benefits this one has as an investment, not just in a home, with potential for extra returns in the future. Our sellers are motivated as their circumstances have changed.
Preliminary Due Diligence information is available on request as are current Building and Pest Inspection Reports. We look forward to showing you around at the bi weekly open homes where I will be on site.
**Subject to final approval by Council
Features:
- Subdivision opportunity on 4,487m2 (just over an acre)
- Town water and sewerage connected
- Existing four bedroom, 2 bathroom home
- Large covered deck, solar panels
- Walk to town, schools and transport
- Shipping container included
- Preliminary Due Diligence information available
- Building and Pest Reports available
- Bi weekly rep on site
- Auction held on site 7th August @ 1pm
This property is being sold by auction or by tender and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. The information contained herein has been obtained through sources deemed reliable by Hinternoosa, but cannot be guaranteed for its accuracy. We recommend to the buyer that any information, which is of special interest, should be obtained through independent verification. All measurements are approximate.
Listing description written by Jeanette Catalano, Hinternoosa — reproduced as published, not verified by Districts.
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