Back 38 Smith Street
Off Market

38 Smith Street

Mooloolaba QLD 4557

3
2
3
0 m²
728 m²
House
Last sold for $2,300,000
Mitch SempleMitch Semple, last sold this property on 22 January 2026 after 94 days on market.

Overview

Blue-Chip Site With Endless, Unrepeatable Potential

Investors, land-bankers, and developers should take a serious look at this cracking opportunity in the heart of beachside Mooloolaba, with the offering of this 728m2 block zoned Medium Density Residential, with an older style highset home onsite, just a short stroll to beach, river, esplanade dining, and wharf. Circa 1970 the highset beach house comprises front balcony, four bedrooms, two bathrooms, modern kitchen, open plan living and masses of multipurpose/storage space under along with covered parking and laundry facilities. In good condition and not without charm, features of the home include timber floors, awning windows, ceiling fans, and split system air-conditioning in lounge; there is plenty of potential to renovate/update if desired. Currently tenanted until late 2026, you can enjoy an income whilst planning to redevelop or just hold on tightly and on-sell in the future for attractive capital gain. The zoning currently allows for multiple dwellings (townhouses/apartments) with a building height limit of 12-metres; however, the council is in the process of reviewing heights for particular pockets along the coastal strip, including this precinct, which could see the height raised to 22-metres. In recent years Smith Street has undergone somewhat of a renaissance with high-end apartment buildings dominating the landscape; sought-after due to their close proximity to the beach and all Mooloolaba's attractions. It's a very 'happening' pocket of development, one of the nearest to the Esplanade, it has been identified as a strategic investment and development location by property professionals, builders, and land-bankers; and is also on the radar of the Sunshine Coast Council for that very reason. Major amenities including Sunshine Coast Airport, University of the Sunshine Coast, public and private hospitals, and the Maroochy CBD are within a 10-20-minute driving radius; and it is 65 minutes to Brisbane International Airport. Investor owner is highly motivated to sell; this opportunity will generate a tsunami of interest; it could well be "the" auction of 2025! Contact Agent(s) to find out more. * PRIME Development Site In Central Mooloolaba * 728m2 Zoned Medium Density Residential * Highset Older-Style Home Currently Tenanted * 4 Bedrooms, 2 Bathrooms, Modern Kitchen * Masses Of Storage/MPR Under + Parking Space * Short Walk To Esplanade, River, Beach, & Wharf * Current Building Height Limits Are 12-Metres * Proposed Increase To 22-Metres (Under Discussion) * Cracking Opportunity For Developers & Land-Bankers

Features

3 bedrooms
2 bathrooms
3 carspaces
2 open car spaces
1 garage space
0 m² floor area
728 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Mooloolaba over the last 12 months, the estimated median property value of 38 Smith Street is $1.52m.

Median value
$1.52m
Estimated value range
$890k - $4.25m
Median days on market
46
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mooloolaba. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 38 Smith Street

2026
Sold
$2,300,000
22 Jan 2026 by Mitch Semple, of Century 21 On Duporth - Maroochydore
2023
Rented
Undisclosed
Leased on 16 Aug 2023 by Century 21 On Duporth - Maroochydore
2013
Sold
Undisclosed
Auction Sale on 08 Nov 2013 by Tarin D'Este-Holmes, of Coronis Sunshine Coast

Happy sellers in Mooloolaba

82%
82% of sellers in Mooloolaba reported that their sale price either exceeded or met their price expectations.

Mooloolaba stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 83 reviews in Mooloolaba over the last 12 months.

Local market activity for 3 bedroom houses in Mooloolaba

In the last 12 months, 23 three-bedroom houses similar to 38 Smith Street, have been sold.

This represents a 30% increase in three-bedroom houses sales when compared to the previous 12 months.

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