OFF MARKET

73/31 Simpsons Road
Elanora QLD 4221

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 129m2
Land area: 125m2
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Property Details for 73/31 Simpsons Rd, Elanora

73/31 Simpsons Rd, Elanora is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1996. The property has a land size of 125m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Townhouse
Year Built
1996
Floor Size
129m2
Land Size
125m2
Local Government
Gold Coast City
Lot/Plan
76/GTP104051

Last Listing description (November 2023)

For property investors looking for an attractive investment opportunity, Oceanwood residences ticks all the boxes. Located in the much sought after suburb of Elanora the community offers easy access to local schools and shopping precincts, this development is perfectly positioned for strong rental demand.

The range of amenities on offer is a major draw for potential tenants. The two large swimming pools, BBQ recreational areas, a full-size tennis court, make it an attractive option for families and lifestyle living.

The town home itself is spacious and features 3 bedrooms, 2 bathrooms, and an open plan kitchen with plenty of storage space. The split system air conditioning, picturesque reserve views from upper and lower balconies make it a comfortable place to live, while the drop-down ceiling hatch with stairs into the roof space for additional storage is a bonus with access from the garage.

The Complex is well managed and maintained with manicured gardens, ensuring the development remains attractive to potential tenants. The location, amenities, and overall quality of Oceanwood residences make it a great investment opportunity for property investors looking for strong rental yields and long-term capital growth.

Features include.
Home entrance is floor tiled.
Ground level
Auto lock up garaging and storage
Lots of internal roof storage via extended ladder through manhole cover
Main bedroom, timber laminate flooring, walk through robe, 2-way bathroom.
Ensuite bathroom offers shower, vanity/mirror, and toilet.
Formal family living with timber laminate flooring and access to spacious balcony
Spacious open plan living with split system air-conditioning.
Dining area
Large functional kitchen fully floor tiled
Electrical appliances
Fridge recess
Cooking top with range hood
Tiled splashbacks
Under bench Westinghouse oven
Microwave nook
Pantry with shelving
Double sink
Dark benchtops with white cabinetry
Dishwasher
Abundance of power points
Elevated for afternoon breezes.
Downstairs
Bedroom 2 very spacious with double robes and spotlights
Bedroom 3 with double robes and access to lower balcony
Main bathroom
Bath, shower, vanity/mirror and separate toilet
Laundry with access to balcony
Huge linen cupboard/broom cupboard
A short walk to the swimming pools and tennis court
Additional Information
Ensuite bathroom
Ceiling Fans
Screens to windows
Private and secure
Visitor car parking nearby
The town home is spacious, great location and on offer to astute buyer/investors.
Comparable outgoings
GCCC rates, Water rates
Good rental returns from 6% plus
Area Profile
Tucked away behind Palm Beach amid a range of parklands and natural reserves, Elanora is a popular area for families, particularly those with young children.
With nearby golf courses and many of the older trees in the area being conserved during development the suburb is a very green area with plenty of space.
Unlike its neighbouring canal estates, Elanora is positioned on a ridge giving residents wonderful ocean, creek, or lake views. Most people of Elanora live in houses within estates while there are still some semi-rural homes in the southern area closer to Currumbin Valley. For Schools and Education there are Elanora State School, Elanora State High School. For Golf enthusiasts there is the Tally Valley Golf Course. For shopping there is the Pines Elanora Shopping Centre
There are several Medical Facilities, The Pines Family Practice, Elanora Medical Centre, 19th Avenue Family Practice, McKee Medical Services Pty Ltd, Saffron St Surgery. The area offers parks and walking trails and a short drive to the beaches and easy access to the Pacific motorway North or South

Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Property History for 73/31 Simpsons Rd, Elanora, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$535,000
18 Apr 2023
  • 18 Apr 2023
    Sold for $535,000
  • 11 Apr 2023
    Listed for Sale $529,000- $559,000
  • 30 Jan 2018
    Sold for $350,000
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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 4,984 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 18 properties listed for sale, and 4 properties listed for rent in Elanora on OnTheHouse. According to CoreLogic's data, 221 properties were sold in the past 12 months in Elanora.

Suburb Insights for Elanora 4221

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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.