OFF MARKET

16/5 Ward Street
Coolangatta QLD 4225

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 169m2
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Property Details for 16/5 Ward St, Coolangatta

16/5 Ward St, Coolangatta is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 169m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
Unit
Year Built
1982
Floor Size
64m2
Land Size
169m2
Local Government
Gold Coast City
Lot/Plan
16/BUP5371

Last Listing description (April 2014)

Rainbow Bay Gem - First in Best Dressed!
Location and views are the most important elements of Real Estate investing... This apartment in Rainbow Bay ticks both those boxes (plus much more)!- North Facing holiday apartment - One spacious bedroom with built in robes & direct access to ensuite- Bedroom opens onto full length balcony overlooking Rainbow Bay - Right in the heart of one of the most spectacular communities and tourist destinations on the Coast - Check the Snapper surf break every morning - Directly opposite the children's park at Rainbow Bay- Pool & sauna facilities - Good rental figures and experienced on-site managers - Security car parking- 50m from the commercial hub in Rainbow featuring gourmet deli on the corner & organic produce.Annual Financials: Rates: $2,895.00 / per year approx Body Corporate: $8,969.20 / per year approx $173pwIncome $28,200.00 / pear year gross - 65% occupancyJune 2012 to May 2013

Property History for 16/5 Ward St, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$375,000
28 Mar 2014
  • 28 Mar 2014
    Sold for $375,000
  • 29 May 2013
    Listed for Sale $389,000
  • 07 Oct 1994
    Sold for $160,000
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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 6,126 properties. Over the last 5 years, Houses in Coolangatta have seen a 107.89% increase in median value, while Units have seen a 98.59% increase. As at 31 August 2024:

  • The median value for Houses in Coolangatta is $1,657,975 while the median value for Units is $1,187,868.
  • Houses have a median rent of $700 while Units have a median rent of $695.
There are currently 55 properties listed for sale, and 25 properties listed for rent in Coolangatta on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Coolangatta.

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