7/47 Rutledge St, Coolangatta is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 479m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Rare opportunity for all Investors, First home buyers, and Renovators with this unit being only minutes walk from the heart of Coolangatta and having ocean glimpse from the comfort of your own balcony whilst sitting amongst the leafy green tree's that surround the unit block.
Situated on the middle floor with the ease of accessing the unit from the garage with no stairs required.
Features Include:
Currently tenanted till 27th of June 2021
Rates Notice for period 1/1/2021 to 30/6/2021 = $923.64 (approx $35 per week)
Body Corporate Levies for period 1/4/2021 to 30/9/2021 = $1,312.50 (approx $50 per week)
Rental Appraisal = $470 - $520 per week
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 6,107 properties. Over the last 5 years, Houses in Coolangatta have seen a 93.54% increase in median value, while Units have seen a 108.46% increase. As at 30 September 2024:
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