71 Belleden Place, Cooroy QLD 4563
71 Belleden Place, Cooroy QLD 4563
Large lot with sheds and parking | Bushfire overlay present | Single bathroom limits appeal | 44% value growth since 2021
This property offers a rare combination of a 4001m² lot with extensive shedding and parking, in a residential zone with rural feel and full utilities. The 3% building coverage leaves significant scope for extension or subdivision, subject to council approval. The 44% value growth since 2021 reflects strong demand in Cooroy, where 36 three-bedroom houses sold this year at a $1.03m median. The property is best suited to buyers seeking space for vehicles, hobbies, or future development, rather than those needing multiple bathrooms or immediate modern finishes.
The bushfire overlay is the primary risk, potentially increasing insurance costs and limiting some development options. The single bathroom may reduce buyer pool at resale, though the large lot and sheds compensate for many. The NBN FTTB connection is adequate but not a prime driver. With 85% owner-occupancy in the street and no recent local sales, pricing must be benchmarked against the wider suburb median. This property should be held for land value appreciation or developed when zoning permits, not flipped for quick gain.
Detailed Independent Property Report prepared by PropCred Analyst team for 71 Belleden Place, Cooroy QLD 4563
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Cooroy’s market is being driven by Sunshine Coast hinterland lifestyle appeal, proximity to Noosa and the coast, and limited listings that attract buyers seeking space, lifestyle and reliable rental income. Risks include sensitivity to interest rates and a small sales pool, while growth opportunities come from lifestyle migration and tourism spillover; prices have been broadly steady to modestly up in the past six months, with median house values around A$1.06 million.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
9
Land
4001m²
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