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Inside the $2.1m Bulcock Beach home in Caloundra, Sunshine Coast

See inside the 1960s-built family home just metres from a Caloundra beach that has sold for $2.1m, as a real estate agent reveals details of who bought it.

A two-bedroom house on a triangle-shaped block of land metres from a Caloundra beach has sold for $2.1m to Sunshine Coast developers.
A two-bedroom house on a triangle-shaped block of land metres from a Caloundra beach has sold for $2.1m to Sunshine Coast developers.

A two-bedroom house on a triangle-shaped block of land close to a popular Caloundra beach has sold for $2.1m to Sunshine Coast developers.

Real estate data shows the property at 1 Tay Ave, adjacent to Bulcock Beach, was sold as a deceased estate and first hit the market in March.

The land upon which the two-bedroom lowset home is built is zoned tourist accommodation and overlooks the Pumicestone Passage and Bribie Island.

Ray White Caloundra principal Andrew Garland sold the 612sq m block.

He said the auction attracted five bidders but the property passed in and it was sold a few days later, on April 4, to one of the bidders.

1 Tay Ave, Caloundra, sold for $2.1m in April to a Sunshine Coast developer.
1 Tay Ave, Caloundra, sold for $2.1m in April to a Sunshine Coast developer.

Mr Garland would not completely reveal the buyers’ identities and said instead they were “local property developers” and he was unsure what they had planned for the land.

“On the Caloundra esplanade there’s only maybe three houses remaining,” he said.

The 1960s-built home at 1 Tay Ave, Caloundra, is one of only a few remaining homes along the Caloundra esplanade.
The 1960s-built home at 1 Tay Ave, Caloundra, is one of only a few remaining homes along the Caloundra esplanade.

The real estate agent said the shape of the block combined with the Sunshine Coast Council setbacks made it more complex land to build on.

“If it was a regular-shaped block it would have gone for more,” Mr Garland said.

“In that context it was a successful sale.”

The real estate agent said the “market was still positive” and the sale was another indication of the market’s health.

The 1960s era home has been owned by one family since it was built.
The 1960s era home has been owned by one family since it was built.
The house was listed for sale in 2011 for $915,000 but was not sold.
The house was listed for sale in 2011 for $915,000 but was not sold.

Prime development opportunity along Bulcock Beach esplanade

In 2011, the property was listed for sale for $915,000 but not sold.

The home was built in the 1960s and held by one family who used it as a beach house.

Luxury apartments now selling at The Cove

According to real estate data, the median house price in Caloundra has increased by about 53 per cent in the past five years.

Originally published as Inside the $2.1m Bulcock Beach home in Caloundra, Sunshine Coast

Original URL: https://www.thechronicle.com.au/news/queensland/sunshine-coast/inside-the-21m-bulcock-beach-home-in-caloundra-sunshine-coast/news-story/84f1365ff41b7cc3f6e15f3ebb9e7e05