OFF MARKET

3/53-55 Paddington Drive
Carrara QLD 4211

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 108m2
Land area: 162m2
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Property Details for 3/53-55 Paddington Dr, Carrara

3/53-55 Paddington Dr, Carrara is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1995. The property has a land size of 162m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Townhouse
Year Built
1995
Floor Size
108m2
Land Size
162m2
Local Government
Gold Coast City
Lot/Plan
3/GTP100957

Last Listing description (July 2021)

A spacious two-storey townhouse with a unique floor plan and the potential to add value...a perfect addition to any investment portfolio. Located in Paddington Green, a small boutique complex of 10 townhouses, in an ideal central Carrara location within a stroll to shops, restaurants, public transport, sporting fields and all amenities. Very different to most townhouses featuring a clever floor plan with the master bedroom and ensuite bathroom on the lower level making it perfect for those that can't cope with stairs or ideal for those wanting a guest room.

You can't go wrong with a low body corp of only $39 per week making this a very smart buy for the astute investor, especially with long term tenants in place paying $365 per week, although the current rental appraisal is approximately $430-$450 per week.

The photos have used virtual furniture which looks great but don't be fooled, there is still some elbow grease needed to get the most from this property but it has plenty of upside potential and features:

* 3 bedrooms including master downstairs with ensuite and walk-in robe
* 2 bathrooms including a powder room (3rd toilet) downstairs
* Open plan living and dining areas with air conditioning
* Kitchen with dishwasher
* Separate laundry
* Small covered outdoor patio and fully enclosed court yard with plenty of room for pets and garden enthusiasts
* Single auto lock up garage with internal access plus another allocated off street parking space
* Body corporate fee of approximately $39 per week

***Please note virtual staging were used in some of the photos provided.

Ideal Carrara location only a short walk to shops, restaurants, football fields, parks and public transport. Close to schools including Emmanuel College, the M1 and all amenities and only a short drive to Metricon Stadium, resort golf courses and a major rail and bus transport hub.

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Property History for 3/53-55 Paddington Dr, Carrara, QLD 4211

A timeline of how this property has performed in the market
Last Sold
$403,500
18 Mar 2021
Listed for Rent
$350/w
20 Jun 2013
  • 19 May 2021
    Listed for Sale Sold
  • 18 Mar 2021
    Sold for $403,500
  • 11 Mar 2021
    Listed for Sale Submit Offers
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About Carrara 4211

The size of Carrara is approximately 13.8 square kilometres. It has 19 parks covering nearly 26.3% of total area. The population of Carrara in 2011 was 11,568 people. By 2016 the population was 12,040 showing a population growth of 4.1% in the area during that time. The predominant age group in Carrara is 50-59 years. Households in Carrara are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carrara work in a professional occupation. In 2011, 66% of the homes in Carrara were owner-occupied compared with 67.6% in 2016.

Carrara has 6,309 properties. Over the last 5 years, Houses in Carrara have seen a 88.90% increase in median value, while Units have seen a 75.12% increase. As at 31 July 2024:

  • The median value for Houses in Carrara is $1,134,709 while the median value for Units is $805,182.
  • Houses have a median rent of $823 while Units have a median rent of $730.
There are currently 62 properties listed for sale, and 21 properties listed for rent in Carrara on OnTheHouse. According to CoreLogic's data, 340 properties were sold in the past 12 months in Carrara.

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