196 Lake Macdonald Drive, Lake Macdonald, QLD 4563 | Property Value & History | OnTheHouse
OFF MARKET

196 Lake Macdonald Drive
Lake Macdonald QLD 4563

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 18250m2
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Property Details for 196 Lake Macdonald Dr, Lake Macdonald

196 Lake Macdonald Dr, Lake Macdonald is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 18250m2. While the property is not currently for sale or for rent, it was last transferred in May 2005.

Building Type
House
Year Built
2005
Land Size
18250m2
Local Government
Noosa
Lot/Plan
1/RP220321

Last Listing description (March 2026)

Set across a beautifully cleared and productive parcel of land, this exceptional rural holding offers a rare blend of lifestyle, legacy, and investment potential. Formerly home to Murphy & Nowland Wholesale Nursery, which operated successfully for over 40 years before closing in 2024 following the owners' retirement, the property now presents an exciting blank canvas for discerning buyers seeking space, versatility, and long-term value in a tightly held hinterland location.

While much of the original nursery infrastructure has been removed, a fully operational propagation facility remains, complete with cutting and potting benches, hotbeds, a misting tunnel, and an expansive shaded growing area with grow-out tables. This infrastructure lends itself seamlessly to leasing to a commercial grower, owner-operation as an income stream, or continuation as a premium horticultural pursuit.

Further enhancing the property's commercial appeal are three large shade houses positioned elsewhere on the land. These structures offer the opportunity for additional income generation or may be sold for removal, with strong market demand currently in place.

Water security is a standout feature, providing confidence for both lifestyle and commercial use. The property is supported by a large deep irrigation dam, a creek that runs for most of the year, and a reliable town water connection - an increasingly rare and highly valuable combination.

The original residence, built in the late 1980s, reflects its era and has seen better days; however, with vision and care, it offers the opportunity to be transformed into something truly special once again. Whether renovated and enjoyed or leased while future plans take shape, it provides flexibility for a range of buyers. A small office building remains on site and offers excellent scope for conversion into guest accommodation or a private studio.

Multiple elevated and cleared building sites present the ideal setting to create a bespoke dream residence, capturing the very essence of refined hinterland living.
Ideally located just five minutes from the heart of Cooroy and under 30 minutes from Noosa's iconic main beach, the property delivers the perfect balance of privacy and convenience.

Highlights:
Multiple elevated and cleared building sites suitable for a future dream home
Established rural property with a proven history of productivity and income
Formerly operating as a nursery for over four decades
Operational propagation facilities including cutting and potting benches, hotbeds, misting tunnel and shaded grow-out areas
Substantial shade houses & hot house offering income generation or removal options
Exceptional water infrastructure with deep irrigation dam, seasonal creek and town water connection
Late-1980s 4-bedroom residence with separate office & studio
Just 5 minutes to Cooroy township
Under 30 minutes to Noosa's iconic coastline

Private inspections are welcome

This residence represents an exceptional opportunity, for more information please contact Damon Gore from Countryside Realty on 0401 115 816

* PLEASE DO NOT ENTER THE PROPERTY WITHOUT AN AGENT *

Disclaimers: The information provided in this marketing material is intended for general informational purposes only. While every effort has been made to ensure the accuracy of the details, the seller/agent/agency makes no representations or warranties, express or implied, regarding the completeness, reliability, or availability of the information. Prospective buyers are advised to independently verify all information, including but not limited to, square footage, property boundaries, and any other material aspects. The availability of the property and pricing are also subject to change. Neither the seller nor the agent/agency will be held liable for any discrepancies or misunderstandings arising from the marketing material.

Property History for 196 Lake Macdonald Dr, Lake Macdonald, QLD 4563

A timeline of how this property has performed in the market
Last Transferred
$460,000
13 May 2005
  • 02 Jan 2026
    Listed for Sale Offers from $1,500,000 considered
  • 13 May 2005
    Transferred for $460,000
  • 09 Aug 1988
    Sold for $39,500
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About Lake Macdonald 4563

The size of Lake Macdonald is approximately 26.5 square kilometres. There are 12 parks, covering nearly 21.5% of the total area. The population of Lake Macdonald in 2016 was 1363 people. By 2021 the population was 1352 showing a population decline of 0.8% in the area during that time. The predominant age group in Lake Macdonald is 60-69 years. Households in Lake Macdonald are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Macdonald work in a professional occupation.In 2021, 87.90% of the homes in Lake Macdonald were owner-occupied compared with 85.20% in 2016.

Lake Macdonald has 610 properties. Over the last 5 years, Houses in Lake Macdonald have seen a 49.92% increase in median value, while Units have seen a 181.80% increase. As at 30 June 2026:

  • The median value for Houses in Lake Macdonald is $1,438,233 while the median value for Units is $953,465.
  • Houses have a median rent of $778.
There are currently 8 properties listed for sale, and 1 property listed for rent in Lake macdonald on OnTheHouse. According to Cotality's data, 23 properties were sold in the past 12 months in Lake macdonald.

Suburb Insights for Lake Macdonald 4563

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.