27 Stapylton StreetCoolangatta QLD 4225
Property Details for 27 Stapylton St, Coolangatta
27 Stapylton St, Coolangatta is a 6 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 1955. The property has a land size of 508m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (July 2022)
Rare to the market is this complete block of four units centrally located only 850m to Coolangatta Beach. Vacancy rates in Coolangatta are well below the Real Estate Institute of Australia's 3% benchmark, and this highly sought-after area has trended below 1% for the last 17 months. With international borders having just opened to foreign workers and students, investors can be confident of a beneficial investment with such high rental demand.
Features of the property include:
Unit 2 occupies the entire upper level with three bedrooms, spacious living and dining, bathroom and separate W/C, kitchen, rear sunroom and covered front verandah
Unit 1 has been fully renovated with one bedroom, kitchen and bathroom
Unit 3 has one bedroom, kitchenette and bathroom
Unit 4 is accessed from the rear of the property and has outdoor sitting area overlooking the yard, kitchenette, living area and large bedroom with walk-in robe
Not flood affected
Double carport
Communal laundry
Character features include timber hopper windows, polished timber floors and rock walls
Renovations to the property include full external painting and new roof with scope for further refurbishments to maximise your rental income. In a prime elevated position, it is only a short stroll to the heart of Coolangatta with an abundance of cafes, dining options, boutique shopping and world class surf breaks. It is also only a 5-minute drive to Gold Coast International Airport and Southern Cross University. Don't miss this fantastic opportunity to secure this sound investment opportunity where capital growth is assured.
Property History for 27 Stapylton St, Coolangatta, QLD 4225
- 30 Apr 2022Sold for $1,512,000
- 18 Nov 2019Sold for $782,500
- 17 Jul 2019Listed for Sale Offers Over $799,000
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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 144.11% increase in median value, while Units have seen a 92.93% increase. As at 31 July 2024:
- The median value for Houses in Coolangatta is $1,839,036 while the median value for Units is $1,158,258.
- Houses have a median rent of $750 while Units have a median rent of $690.
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