4/38 Maloja Avenue, Caloundra, QLD 4551 | Apartment for sale | OnTheHouse
 
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4/38 Maloja Avenue
Caloundra QLD 4551

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 156m2
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Waterfront Dual-Key Opportunity with Exceptional Income Potential

UNIT 4 'WATERMARK' | 38 MALOJA AVENUE, CALOUNDRA
Positioned on the ground floor of the highly sought-after Watermark Caloundra, this beautifully renovated waterfront apartment presents an outstanding opportunity for investors, lifestyle buyers and those seeking a premium coastal escape.
Overlooking the picturesque Pumicestone Passage, this unique dual-key residence offers exceptional flexibility. Configure the property as a spacious three-bedroom apartment or utilise the dual-key layout to lease the one-bedroom and two-bedroom residences independently. This versatile design opens the door to multiple income streams, making it equally suited to permanent rentals, holiday accommodation or owner-occupiers wanting the option to generate additional income while retaining their own private retreat.
Having undergone a quality renovation in 2024, every detail has been thoughtfully updated to deliver a modern, low-maintenance property that's ready to enjoy from day one.
Why You'll Love It
Flexible dual-key design offering multiple rental and lifestyle options
Lease as a one-bedroom, two-bedroom or full three-bedroom apartment
Fully renovated throughout in 2024 with quality finishes
Ground-floor position with effortless access
Light-filled open-plan living flowing to private outdoor entertaining areas
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Property Details for 4/38 Maloja Ave, Caloundra

4/38 Maloja Ave, Caloundra is a 3 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 156m2. The place is currently for sale with AMBER WERCHON PROPERTY PTY LTD.

Building Type
Apartment
Floor Size
156m2
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About Caloundra 4551

The size of Caloundra is approximately 3.2 square kilometres. There are 8 parks, covering nearly 36.9% of the total area. The population of Caloundra in 2016 was 3917 people. By 2021 the population was 3932 showing a population growth of 0.4% in the area during that time. The predominant age group in Caloundra is 70-79 years. Households in Caloundra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Caloundra work in a professional occupation.In 2021, 53.70% of the homes in Caloundra were owner-occupied compared with 49.90% in 2016.

Caloundra has 3,846 properties. Over the last 5 years, Houses in Caloundra have seen a 44.32% increase in median value, while Units have seen a 62.28% increase. As at 31 August 2026:

  • The median value for Houses in Caloundra is $1,200,390 while the median value for Units is $1,005,671.
  • Houses have a median rent of $710 while Units have a median rent of $685.
There are currently 49 properties listed for sale, and 23 properties listed for rent in Caloundra on OnTheHouse. According to Cotality's data, 175 properties were sold in the past 12 months in Caloundra.

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Daniel Mendes
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Erin Carter
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AMBER WERCHON PROPERTY PTY LTD
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