SOLD
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Sold on 20 Dec 2024 for $817,000

8/5-7 Ocean Street
Coolangatta QLD 4225

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 8/5-7 Ocean St, Coolangatta

8/5-7 Ocean St, Coolangatta is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom Apartment sold in Coolangatta in the last 12 months.

Building Type
Apartment

Last Listing description (December 2024)

The two bedroom, two bathroom unit is located in a well-maintained complex of only 15 residences.

The apartment features a sunny east facing balcony off the living room, offering a serene space with views of the pool and swaying palms.

Highlights include:

Spacious sunny balcony: Perfect for dining or relaxing.
Open plan living area: Direct access to the balcony.
Renovated galley-style kitchen: Ample cupboard storage.
Generous master bedroom: Includes a private balcony and an ensuite bathroom.
Good-sized second bedroom: Features built-in robes and abundant natural light.
Main bathroom and separate laundry: Spacious and practical.
Secure basement car space: Plus a large lock-up storage cage.
Beautiful residents' pool and landscaped surroundings.
Convenient location: A short, flat walk to Kirra Beach, shops, the university, and the airport.
Air-conditioned: For year-round comfort.

Body Corporate Fees: approx $98 per week
Council Rates: approx $2,414.46 per annum
Water Rates: approx $380.82 per quarter
Currently leased until 03/02/25 for $650 per week

Act quickly to arrange a viewing-properties of this quality, so close to the beach and amenities, are in high demand!

This property is being sold as an "Expressions Of Interest" with all offers being presented immediately to the owner for consideration and/or response.

DISCLAIMER
The information relating to this property has been obtained by a third-party source, which is believed to be accurate and reliable. RBR Property Consultants has taken every care to ensure this information is as reliable and accurate as possible but may be subject to errors and omissions. RBR gives no guarantee that this information is 100% correct and it is recommended that you consult an advisor.

Property History for 8/5-7 Ocean St, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$817,000
20 Dec 2024
Listed for Rent
10 Feb 2021
  • 05 Dec 2024
    Sold for $817,000
  • 06 Sep 2024
    Listed for Sale Offers Around $825,000
  • 28 Jan 2021
    Listed for Rent $580 / week
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About Coolangatta 4225

The size of Coolangatta is approximately 1.8 square kilometres. It has 8 parks covering nearly 16.5% of total area. The population of Coolangatta in 2011 was 5,192 people. By 2016 the population was 5,959 showing a population growth of 14.8% in the area during that time. The predominant age group in Coolangatta is 60-69 years. Households in Coolangatta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Coolangatta work in a professional occupation. In 2011, 44.9% of the homes in Coolangatta were owner-occupied compared with 48.2% in 2016.

Coolangatta has 6,202 properties. Over the last 5 years, Houses in Coolangatta have seen a 101.93% increase in median value, while Units have seen a 96.18% increase. As at 28 February 2025:

  • The median value for Houses in Coolangatta is $1,636,314 while the median value for Units is $1,237,340.
  • Houses have a median rent of $700 while Units have a median rent of $750.
There are currently 50 properties listed for sale, and 41 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 294 properties were sold in the past 12 months in Coolangatta.

Suburb Insights for Coolangatta 4225

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Col Wright
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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 liability for any loss or damage arising in connection with the data and information contained in this publication.