SOLD
RECENT ADVICE
Sold on 12 Mar 2024 for $740,000

2 Hovea Court
Elanora QLD 4221

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 792m2
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Property Details for 2 Hovea Ct, Elanora

Building Type
Land
Land Size
792m2

Last Listing description (March 2024)

MASSIVE PRICE REDUCTION - PRICED TO SELL !

BUILD YOUR DREAM HOME OR *TWO TOWNHOUSES (*STCA)

An exceptional opportunity to secure an elevated 792m2 CORNER BLOCK OF LAND on the popular southern end of the Gold Coast.

Ideal opportunity for you to design and create your own brand-new dream home or build investment properties. Located just minutes from Palm Beach in the increasingly popular suburb of Elanora, a peaceful, popular, and tightly held real estate hot spot suburb on the southern end of the Gold Coast.

Stop wasting your weekends searching for the perfect home. Why not take the clever option, purchase prime land, and build your dream home that 100% reflects you.

This impressive site has the potential for *Sub-division into (2) separate blocks each with its own private driveway, duplex dwelling, dual living home, holiday home, or simply just design your forever dream home, the choice is yours (*STCA) With a drastic shortage of homes for sale across the country, here may lay the opportunity for the astute buyer to capitalise on the shortage of land and new homes available on the Gold Coast.

If you can envisage project building for the future sale of property or living in one of the most sought-after family-friendly streets in Elanora, here is your opportunity.

- Elevated 792m2 CORNER block of prime vacant land
- *Block dimensions - street frontage Swanbourne Way 21.4m2 - street frontage Hovea CRT 29.9m2
- *Rear of the block 12m2 - east facing side of neighbouring block 36.3m2
- Enjoy scenic sunrise and sunset views over the southern end of the Gold Coast
- Premium home site in an enviable position, multiple options for dual living dwellings ( STCA)
- Located in the Palm Beach and Currumbin High School catchment zone
- Short walk to the Pines Shopping Centre with Coles, Woolworths, Aldi and K-Mart.
- Quick access to the M1 motorway
- Short drive to John Flynn Hospital, Tweed Hospital, Coolangatta Airport, Griffith University

Outgoings
*Council Rates - $936.83 per ½ year
*Water Rates - $249.74 per ¼

*Approximate

Just minutes to Palm Beach, easy access to the M1, and within 1 hour to Brisbane and Byron Bay. Close to some of the finest schools, award-winning beaches, shops, public transport, and medical facilities, this is a location that has it all.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate. Prospective buyers should make their own enquiries to satisfy themselves as to its accuracy. Although high standards have been used in the preparation of this document, no legal responsibility can be accepted by Harcourts Coastal Robina or any loss or damage resulting from the content or the use of this information. Any photographs show only certain parts of the property as it appeared at the time they were taken. Areas, amounts, measurements, distances and all other numerical information is approximate only.

Property History for 2 Hovea Ct, Elanora, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$740,000
12 Mar 2024
  • 05 Mar 2024
    Sold for $740,000
  • 06 Dec 2023
    Listed for Sale URGENT SALE $780,000 NEG.
  • 21 Dec 2021
    Listed for Sale Expression of Interest
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About Elanora 4221

The size of Elanora is approximately 8.9 square kilometres. It has 25 parks covering nearly 16% of total area. The population of Elanora in 2011 was 11,645 people. By 2016 the population was 12,161 showing a population growth of 4.4% in the area during that time. The predominant age group in Elanora is 40-49 years. Households in Elanora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Elanora work in a professional occupation. In 2011, 77% of the homes in Elanora were owner-occupied compared with 78.2% in 2016.

Elanora has 4,981 properties. Over the last 5 years, Houses in Elanora have seen a 87.66% increase in median value, while Units have seen a 103.45% increase. As at 31 October 2024:

  • The median value for Houses in Elanora is $1,363,640 while the median value for Units is $785,785.
  • Houses have a median rent of $950 while Units have a median rent of $750.
There are currently 19 properties listed for sale, and 5 properties listed for rent in Elanora on OnTheHouse. According to CoreLogic's data, 223 properties were sold in the past 12 months in Elanora.

Suburb Insights for Elanora 4221

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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.