OFF MARKET

5/7 Esplanade West
Paradise Point QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 125m2
Land area: 176m2
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Property Details for 5/7 Esplanade West, Paradise Point

5/7 Esplanade West, Paradise Point is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 176m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
1990
Floor Size
125m2
Land Size
176m2
Local Government
Gold Coast City
Lot/Plan
5/BUP12885

Last Listing description (August 2024)

Perfectly positioned on with a large North facing outdoor balcony enjoying stunning river views, the apartment & basement carpark is accessed by a lift. There are two bedrooms, two bathrooms, two living areas, large central kitchen. The master bedroom enjoys fabulous water views.

Known as River Park which is positioned in the exclusive and highly sought after Northern end of Paradise Point with the boat ramp, parks and bus service just outside. There is a pool in the complex.

Features Include:

* Very spacious apartment in a small block of eight
* Fantastic river views from master, living & balcony.
* AC to be installed in master bedroom and lounge
* 2 bedrooms, 2 bathrooms, 2 living areas
* Master bedroom with ensuite & walk in robe
* Open plan living, kitchen and dining areas
* large outdoor balcony, separate laundry
* Private street entry and basement access
* 2 car secure basement parking with storage facilities
* Inground pool surrounded by lush gardens
* Directly across the road from the Coomera River and parklands
* Close to the Paradise Point boat ramp, boating & fishing paradise
* A short stroll to the up-market Salacia Waters precinct
* Paradise Point's shopping precinct, restaurants & Cafes all within close proximity

Property History for 5/7 Esplanade West, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$675,000
07 Dec 2021
Listed for Rent
$695/w
16 Aug 2024
  • 23 Jul 2024
    Listed for Rent $695 / week
  • 07 Dec 2021
    Sold for $675,000
  • 03 Dec 2021
    Listed for Sale Offers over $650,000.00
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About Paradise Point 4216

The size of Paradise Point is approximately 4.1 square kilometres. It has 9 parks covering nearly 10.8% of total area. The population of Paradise Point in 2011 was 5,929 people. By 2016 the population was 6,558 showing a population growth of 10.6% in the area during that time. The predominant age group in Paradise Point is 60-69 years. Households in Paradise Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Paradise Point work in a managers occupation. In 2011, 62.8% of the homes in Paradise Point were owner-occupied compared with 65.7% in 2016.

Paradise Point has 4,389 properties. Over the last 5 years, Houses in Paradise Point have seen a 110.08% increase in median value, while Units have seen a 104.03% increase. As at 31 July 2024:

  • The median value for Houses in Paradise Point is $2,220,777 while the median value for Units is $1,298,732.
  • Houses have a median rent of $920 while Units have a median rent of $650.
There are currently 99 properties listed for sale, and 9 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Paradise point.

Suburb Insights for Paradise Point 4216

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.