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 4,903 properties. Over the last 5 years, Houses in Miami have seen a 126.83% increase in median value, while Units have seen a 116.04% increase. As at 31 August 2024:

  • The median value for Houses in Miami is $1,635,878 while the median value for Units is $1,020,804.
  • Houses have a median rent of $925 while Units have a median rent of $745.
There are currently 70 properties listed for sale, and 15 properties listed for rent in Miami on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Miami.

Suburb Insights for Miami 4220

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Brook Clementson
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Chris Couper & Associates Surfers Paradise
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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.