1/161-163 Gympie Terrace, Noosaville QLD 4566

1/161-163 Gympie Terrace, Noosaville QLD 4566
3 bed holiday-approved townhouse | front-row Gympie Terrace | gated Sonoma complex | tightly held riverside stock This townhouse occupies a premium position directly across from the Noosa River on Gympie Terrace, a corridor where attached housing is both scarce and in high demand. The full holiday-let approval broadens its appeal beyond standard owner-occupier use, making it suitable for investors targeting short-stay income or lifestyle buyers wanting flexibility. The 2003 construction with 165 square metres of floor space and 200 square metres of land is spacious for a townhouse in this location, and the recent renovation means the interior does not require immediate capital outlay. The gated, resort-style complex adds security and amenity that is uncommon among Noosaville units. This property is best suited to buyers who value walkable riverfront living and are prepared to pay a premium for a tightly held position with income optionality. The $3.4 million sale of a similar lot in the same building in September 2024 establishes a strong recent benchmark, though that transaction reflects a specific condition and timing. The 200-square-metre land component may constrain future expansion, but it is generous for this product type and supports the property’s value relative to smaller apartments. The lack of confirmed school catchment and the absence of detailed finishes mean a buyer should verify these through direct inspection or local enquiry. The holiday-let approval is a material advantage, but its income performance depends on management approach and seasonal demand, which are not disclosed in available data. These factors may influence how a buyer weighs the asking price against comparable riverfront townhouses.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/161-163 Gympie Terrace, Noosaville QLD 4566
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Market Insight:

Noosaville presents as an established, high-value coastal suburb with a mature demographic profile. Demand is driven by affluent owner-occupiers, predominantly professional couples, seeking a premium lifestyle. The market exhibits strong recent price momentum, particularly for units, though houses demonstrate a more measured sales pace. Future growth is underpinned by sustained buyer activity and rising rental demand, yet high entry prices and variable growth rates present affordability constraints and market sensitivity.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

119mยฒ

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