FOR SALE
$800,000

7 Redondo Ave
Miami QLD 4220

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Top Floor 2 Bedroom 2 Bathroom with private walkway to the Beach.

This top floor 2 bedroom, 2 bathroom unit is situated on the beachside of the complex & has been fully renovated.
This property suits an owner occupier or investor, the current tenants would like to stay on for another lease.
Property is sold unfurnished.
Property Information;
- Body Corporate Fees: $114 per week approx.
- Sinking Fund Balance: $636,426.02 as of May 2024
- Council Rates: $1900 - $2000 per annum approx (owner occupied)
- Water Rates: $1600 per annum approx
Property Features include;
- 2 Bedrooms
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Property Details for 7 Redondo Ave, Miami

7 Redondo Ave, Miami is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with Chris Couper & Associates Surfers Paradise.

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Unit

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About Miami 4220

The size of Miami is approximately 3 square kilometres. It has 13 parks covering nearly 33.4% of total area. The population of Miami in 2011 was 6,364 people. By 2016 the population was 6,817 showing a population growth of 7.1% in the area during that time. The predominant age group in Miami is 30-39 years. Households in Miami are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Miami work in a professional occupation. In 2011, 53.8% of the homes in Miami were owner-occupied compared with 55.5% in 2016.

Miami has 4,900 properties. Over the last 5 years, Houses in Miami have seen a 118.75% increase in median value, while Units have seen a 117.08% increase. As at 30 November 2024:

  • The median value for Houses in Miami is $1,679,144 while the median value for Units is $1,017,079.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 59 properties listed for sale, and 8 properties listed for rent in Miami on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Miami.

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Brook Clementson
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Chris Couper & Associates Surfers Paradise
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