SOLD
Sold on 01 Feb 2024 for $740,000

8/368 Pine Ridge Road
Coombabah QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 132m2
Land area: 95m2
Sold By
Stephen Cone
PROFESSIONALS VERTULLO REAL ESTATE HOPE ISLAND
Zac Lucas
PROFESSIONALS VERTULLO REAL ESTATE HOPE ISLAND
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Property Details for 8/368 Pine Ridge Rd, Coombabah

8/368 Pine Ridge Rd, Coombabah is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2005. The property has a land size of 95m2 and floor size of 132m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Townhouse sold in Coombabah in the last 12 months.

Building Type
Townhouse
Year Built
2005
Floor Size
132m2
Land Size
95m2
Local Government
Gold Coast City
Lot/Plan
8/SP186379

Last Listing description (April 2024)

This spacious townhouse offers 3 bedrooms, 2 bathroom's and a powder room, with a north-facing entertaining area overlooking a nature strip, ticks all the boxes. The modern home is located in 'The Ridges' on Pine Ridge Road, an exclusive gated complex with a secure environment, featuring a sparkling in-ground pool and on-site management. Key property highlights include a spacious, master suite with a private balcony, walk-in robe, and ensuite with twin vanities. Two additional well-proportioned rooms offer built-in robes and ceiling fans, complemented by a modern family bathroom with a bathtub and toilet.

The open-plan living and dining area, adorned with stylish tiles, is generously sized and air-conditioned. The chef's kitchen boasts ample cupboard and stone bench space, ensuring a delightful cooking experience. A downstairs toilet adds convenience and an undercover private entertainment area. The property is fully fenced, and access is granted through a remote-controlled double garage with internal entry.

Residents can enjoy the amenities of the complex, including the in-ground swimming pool, and there is ample visitor parking available. Additionally, the townhouse's location ensures proximity to essential services and conveniences. Medical centers, pharmacies, dine-in and takeaway restaurants, Runaway Shopping Centre, Runaway Bay Performance Centre, Harbour Town Premium Shopping Outlets, and the award-winning restaurants along Paradise Point Esplanade are all easily accessible within a short 10-minute drive.

Water Rates: $230 / quarter + usage
Body Corp: $115 / week
Council Rates: $1800 per annum
Rental Appraisal $750 per week
Current Tenancy ends 26th March @ $660 per week

Property History for 8/368 Pine Ridge Rd, Coombabah, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$740,000
01 Feb 2024
Listed for Rent
$450/w
19 Nov 2015
  • 01 Feb 2024
    Sold for $740,000
  • 14 Nov 2023
    Listed for Sale $749,000
  • 20 Sep 2022
    Sold for $625,000
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About Coombabah 4216

The size of Coombabah is approximately 13.2 square kilometres. It has 21 parks covering nearly 32.5% of total area. The population of Coombabah in 2011 was 9,774 people. By 2016 the population was 10,387 showing a population growth of 6.3% in the area during that time. The predominant age group in Coombabah is 60-69 years. Households in Coombabah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coombabah work in a trades occupation. In 2011, 63.2% of the homes in Coombabah were owner-occupied compared with 63.5% in 2016.

Coombabah has 5,313 properties. Over the last 5 years, Houses in Coombabah have seen a 89.40% increase in median value, while Units have seen a 94.44% increase. As at 31 October 2024:

  • The median value for Houses in Coombabah is $934,782 while the median value for Units is $683,515.
  • Houses have a median rent of $730 while Units have a median rent of $728.
There are currently 45 properties listed for sale, and 5 properties listed for rent in Coombabah on OnTheHouse. According to CoreLogic's data, 214 properties were sold in the past 12 months in Coombabah.

Suburb Insights for Coombabah 4216

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.