18/23 Scholars DriveSippy Downs QLD 4556
Property Details for 18/23 Scholars Dr, Sippy Downs
18/23 Scholars Dr, Sippy Downs is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1995. The property has a land size of 117m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (November 2024)
The Village complex is located on the southern side of Scholars Drive on the Sunshine Coast Queensland. It is a purpose-built student accommodation complex primarily catering for the needs of students. It is adjacent to the University of the Sunshine Coast and directly opposite a Primary school. Currently Unit 18 is rented by the room to University students and forms part of a secure and gated complex with 24 hour on-site management and security, a four lane 25m lap pool, two further leisure pools, tennis court, basketball court and multiple BBQ facilities. The complex is within easy walking distance of one of the fastest growing universities, a bus stop, IGA, local shops and cafes. The Village always has 100% occupancy along with a long waiting list of potential tenants. There is also a strong demand from the rental market and owner/occupiers.
Rental Income:
A room - Leased at $220.55 until 26/06/2025
C room - Leased at $170.55 until 26/06/2025
Total income: $561.65 net p/week / $29,205 per year
Property features:
Leased until 26/06/2025 @ $561.65 net p/week
Body corporate fees: $7000 p/year approx
Council rates: $2,500 p/year approx
Three spacious bedrooms with built in robes, ceiling fans and built-in desks
2.5 bathrooms
Fully furnished
Tiled open plan lounge/dining
Private courtyard, paved and large size
Separate laundry with washer and dryer
Single lock up garage
New roof & garage door with recent insurance claim (hail)
Exterior has been completely repainted
100% complex occupancy with waiting list
Complex features:
Gated complex for security
24hr on-site management & security
4 lane 25m lap pool & 2 leisure pools
Floodlit tennis & basket ball courts
Shared electric BBQ areas
Location features:
Adjoining the Sunshine Coast University, blue chip location
Walking distance to IGA complex on Scholars Dr with Italian and Japanese restaurants
Opposite Chancellor State College Primary campus and a short walk to Chancellor State College Secondary campus
Childcare centre and shopping complex in the same street with takeaway convenience, and only a short walk to Chancellor Park Shopping Centre
15 mins to Mooloolaba Main Beach*
15 mins to Sunshine Coast University Hospital
Less than 20 mins to Sunshine Coast Airport
Contact Susanna on 0407 751 170 today to arrange your private inspection or register for upcoming open homes.
Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Property History for 18/23 Scholars Dr, Sippy Downs, QLD 4556
- 22 Oct 2024Sold for $491,000
- 29 Aug 2024Listed for Sale UNDER CONTRACT
- 30 Aug 2010Sold for $230,000
Recent sales nearby
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0About Sippy Downs 4556
The size of Sippy Downs is approximately 14.5 square kilometres. It has 20 parks covering nearly 57.6% of total area. The population of Sippy Downs in 2016 was 10298 people. By 2021 the population was 11544 showing a population growth of 12.1% in the area during that time. The predominant age group in Sippy Downs is 10-19 years. Households in Sippy Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sippy Downs work in a community and personal service occupation.In 2021, 51.60% of the homes in Sippy Downs were owner-occupied compared with 52.40% in 2016.
Sippy Downs has 4,909 properties. Over the last 5 years, Houses in Sippy Downs have seen a 80.95% increase in median value, while Units have seen a 175.67% increase. As at 31 March 2026:
- The median value for Houses in Sippy Downs is $1,121,588 while the median value for Units is $726,643.
- Houses have a median rent of $775 while Units have a median rent of $630.
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