50 Bungama Street, Maroochydore, QLD 4558 | Property Value & History | OnTheHouse
OFF MARKET

50 Bungama Street
Maroochydore QLD 4558

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 50m2
Land area: 632m2
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Property Details for 50 Bungama St, Maroochydore

50 Bungama St, Maroochydore is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 632m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
Unit
Year Built
1970
Floor Size
50m2
Land Size
632m2
Local Government
Sunshine Coast Regional
Lot/Plan
27/RP88831

Last Listing description (July 2019)

Located in the growth corridor in between the new Maroochydore Town Centre and Maroochydore Beach these high yielding registered flats represent a great long term investment.

* Flat 1 tenanted @ $235/w

* Flat 2 tenanted @ $240/w
* Flat 3 vacant - with update should return $250/w

There are two small garages at the rear of the 632m2 allotment and any future development of the site could take full advantage of the northerly aspect.
The main building has been re-roofed and while it isn't the prettiest property in the street it has a great holding income while you look towards redevelopment in the future.

While you are in the middle of the new CBD and the Maroochydore Beach, Bungama St is comparatively a quiet residential street that is slowly being transformed with new homes and renovations.

If you are looking for a prime positioned investment property with a low (or no) holding cost this must be top of the list!

This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.


UNDER CONTRACT (Subject to Contract Conditions)

Property History for 50 Bungama St, Maroochydore, QLD 4558

A timeline of how this property has performed in the market
Last Sold
$604,000
16 Sep 2017
Listed for Rent
$200/w
13 Apr 2013
  • 16 Sep 2017
    Sold for $604,000
  • 24 Aug 2017
    Listed for Sale Auction
  • 03 Apr 2013
    Listed for Rent $200 / week
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About Maroochydore 4558

The size of Maroochydore is approximately 12.6 square kilometres. It has 31 parks covering nearly 17.0% of total area. The population of Maroochydore in 2016 was 16800 people. By 2021 the population was 20629 showing a population growth of 22.8% in the area during that time. The predominant age group in Maroochydore is 60-69 years. Households in Maroochydore are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Maroochydore work in a professional occupation.In 2021, 53.20% of the homes in Maroochydore were owner-occupied compared with 49.00% in 2016.

Maroochydore has 14,981 properties. Over the last 5 years, Houses in Maroochydore have seen a 62.01% increase in median value, while Units have seen a 86.39% increase. As at 31 December 2025:

  • The median value for Houses in Maroochydore is $1,202,360 while the median value for Units is $956,735.
  • Houses have a median rent of $740 while Units have a median rent of $710.
There are currently 128 properties listed for sale, and 63 properties listed for rent in Maroochydore on OnTheHouse. According to Cotality's data, 826 properties were sold in the past 12 months in Maroochydore.

Suburb Insights for Maroochydore 4558

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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.