2/40-42 Toowoon Bay Rd, Long Jetty is a 3 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 3679m2 and floor size of 174m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
If you are looking for that opportune investment, and are prepared to maybe take a risk, then this could be the bargain buy you have been searching for.
THE POSTIVES: This huge townhouse is situated in a multi unit complex, ideally located within an easy walk to beaches, cafes and trendy shops. Features include high ceilings, a combination of gloss floor tiles and timber floors, open plan living, spacious entertaining courtyard, two secure undercover parking spaces, storage locker, plus access to communal pool facilities. Currently rented for $390pw.
THE NEGATIVES: The unit complex is approximately ten years old and has been affected by building issues over the years, to the extent that the Body Corporate is currently seeking legal avenues to rectify the problems. An estimate of these costs has been tabled at several million dollars, and is now pending a court case hearing in the very near future.
The size of Long Jetty is approximately 2.5 square kilometres. There are 9 parks, covering nearly 9.8% of the total area. The population of Long Jetty in 2016 was 6390 people. By 2021 the population was 6736 showing a population growth of 5.4% in the area during that time. The predominant age group in Long Jetty is 50-59 years. Households in Long Jetty are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Long Jetty work in a professional occupation.In 2021, 56.30% of the homes in Long Jetty were owner-occupied compared with 54.00% in 2016.
Long Jetty has 4,045 properties. Over the last 5 years, Houses in Long Jetty have seen a 29.16% increase in median value, while Units have seen a 31.61% increase. As at 31 July 2026:
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