FOR SALE
$475,000

18/13 Tonga Place
Parkwood QLD 4214

Bedrooms: 3
Bathrooms: 3
Car spaces: -
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INVESTORS ONLY - GREAT GUARANTEED RETURNS!

This 3 bedroom, 3 bathroom apartment is located in University Square which is home to Griffith University's student accommodation. All 3 bedrooms have their own bathrooms and individual locks and are rented out weekly by university students.
University square is located approximately 1.1km (15 minute walk) to Griffith University so provides students with safe, clean, accessible accommodation walking distance to the university.
The apartment is also very close to the Tram, Smith Collective shopping village and the Hospital. There are also bus stops close by as well as other local shopping and amenities.
This is the perfect opportunity to secure a sound investment in a highly desirable pocket of the Gold Coast - the Gold Coast Hospital and University precinct.
Features include:
• 3 good sized bedrooms all with built in robes, carpet and ceiling fans
• 3 bathrooms (ensuites) for exclusive use with each bedroom
• Spacious kitchen with fridge, oven and stove top
• Open plan living and dining area with ceiling fan
• Fully furnished apartment
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Property Details for 18/13 Tonga Pl, Parkwood

18/13 Tonga Pl, Parkwood is a 3 bedroom, 3 bathroom Unit. The place is currently for sale with COASTAL °.

Building Type
Unit

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About Parkwood 4214

The size of Parkwood is approximately 5.6 square kilometres. It has 7 parks covering nearly 20.3% of total area. The population of Parkwood in 2011 was 8,436 people. By 2016 the population was 8,700 showing a population growth of 3.1% in the area during that time. The predominant age group in Parkwood is 20-29 years. Households in Parkwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkwood work in a professional occupation. In 2011, 70.6% of the homes in Parkwood were owner-occupied compared with 66.9% in 2016.

Parkwood has 3,096 properties. Over the last 5 years, Houses in Parkwood have seen a 85.87% increase in median value, while Units have seen a 101.90% increase. As at 31 October 2024:

  • The median value for Houses in Parkwood is $1,170,331 while the median value for Units is $717,390.
  • Houses have a median rent of $850 while Units have a median rent of $495.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Parkwood on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Parkwood.

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