72 Devonstone Drive, Cooroibah QLD 4565
72 Devonstone Drive, Cooroibah QLD 4565
7 bedrooms | 2013 build | 1.3 acres | pool + shed | Noosa fringe
This property holds a rare configuration edge for Cooroibah: seven bedrooms, three bathrooms, and six-car capacity on a flat, usable 1.3-acre block. The 2013 build is relatively modern for acreage stock, and the combination of an in-ground pool, shed, solar infrastructure, and water tank makes it a self-sufficient lifestyle package. It serves extended families, dual-living households, or buyers wanting serious space without the maintenance of a larger estate. The flat land and 11% building coverage leave genuine outdoor utility, while the absence of flood, bushfire, or heritage overlays removes common rural constraints. This is a property that competes on both capacity and convenience, sitting comfortably within the premium acreage pocket close to Noosa.
The price band may be shaped by how the market weights bedroom count against land size. Seven bedrooms is unusual for the area, so buyer pool is narrower than a standard family home, but the flat usable land and modern build reduce compromise. The 2012 purchase price of $300,000 against current expectations suggests significant land value appreciation, though the 5,280 m² block is smaller than the 1-hectare-plus acreages common nearby. Buyers might weigh whether the extra bedrooms justify the footprint or whether the property’s true strength is the land and infrastructure. Presentation and the dual-living angle could meaningfully influence final value, as could buyer appetite for a property that offers both scale and low-maintenance living.
|| Comparable Sales: 12 Devonstone Drive, 4 bed/3 bath/6 car on 1.01 ha, sold $1.9M; 7 Illoura Pl, 3 bed/1 bath/2 car, renting $1,200/week | Property Price Band: $1.9M–$2.1M | Value Drivers: land usability, bedroom count, modern build condition, pool and shed infrastructure
Detailed Independent Property Report prepared by PropCred Analyst team for 72 Devonstone Drive, Cooroibah QLD 4565
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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Market Insight
Cooroibah’s demand is driven by Noosa‑region lifestyle appeal, lakeside and hinterland settings and consistently low stock that attracts affluent tree‑change buyers. People buy here for lifestyle and long‑term capital growth while investors should weigh low gross yields and longer selling times against upside from broader Sunshine Coast momentum. Prices have been broadly steady over the past six months, with median house values near $1.49M and only modest movement year‑on‑year.
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PropCred Estimated Value
Comparable Sales: 12 Devonstone Drive, 4 bed/3 bath/6 car on 1.01 ha, sold $1.9M; 7 Illoura Pl, 3 bed/1 bath/2 car, renting $1,200/week | Property Price Band: $1.9M–$2.1M | Value Drivers: land usability, bedroom count, modern build condition, pool and shed infrastructure
Bedrooms
7
Bathroom
3
Parking
6
Land
1.3 acres
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