FOR SALE

5720 Observation Crescent
Hope Island QLD 4212

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Floor area: 517m2
Land area: 1893m2
This property is currently on the market
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Property Details for 5720 Observation Cres, Hope Island

5720 Observation Cres, Hope Island is a 4 bedroom, 4 bathroom House with 3 parking spaces and was built in 1990. The property has a land size of 1893m2 and floor size of 517m2.This Property is currently listed for sale with Ray White Sanctuary Cove

Building Type
House
Year Built
1990
Floor Size
517m2
Land Size
1893m2
Local Government
Gold Coast City
Lot/Plan
20/GTP1703

Last Listing description (October 2024)

Experience the ultimate in luxury living with this opulent estate nestled on a sprawling 1,893m* elevated allotment in the prestigious Observation Crescent. With two street frontages and unrivaled elegance, this home is designed to impress at every turn. From the moment you step inside, you'll be captivated by the grandeur and attention to detail that define this residence. With expansive living areas, superior finishes, and an entertainer's paradise awaiting outside, this property truly embodies luxury.

Property Specifications;
Gourmet kitchen with premium appliances and ample counter space

Expansive living areas featuring soaring ceilings and granite fireplace
Superior master suite with a private balcony and lavish ensuite
Three additional hotel suite-style bedrooms, each with private ensuite
Infinity pool with swim-up bar, perfect for outdoor entertaining
Dedicated study and separate lounge/TV area for added versatility
Beautifully landscaped gardens and separate buggy garaging
Walking distance to Marine Village and FIRB-approved for international buyers

This property offers unparalleled privacy, elegance, and convenience, situated just moments from the vibrant Marine Village in Sanctuary Cove. With the benefit of two street frontages and a wealth of luxurious features, this estate is a rare find in the Australian property market. Indulge in the epitome of luxury living-schedule your private viewing today!

Property History for 5720 Observation Cres, Hope Island, QLD 4212

A timeline of how this property has performed in the market
Last Sold
$4,000,000
03 Oct 2023
  • 19 Sep 2024
    Listed for Sale Contact Agent
  • 03 Oct 2023
    Sold for $4,000,000
  • 22 Sep 2023
    Listed for Sale Contact Agent
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About Hope Island 4212

The size of Hope Island is approximately 14.2 square kilometres. It has 15 parks covering nearly 21.5% of total area. The population of Hope Island in 2011 was 8,481 people. By 2016 the population was 11,203 showing a population growth of 32.1% in the area during that time. The predominant age group in Hope Island is 60-69 years. Households in Hope Island are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Hope Island work in a managers occupation. In 2011, 64.6% of the homes in Hope Island were owner-occupied compared with 67.5% in 2016.

Hope Island has 8,823 properties. Over the last 5 years, Houses in Hope Island have seen a 94.50% increase in median value, while Units have seen a 69.49% increase. As at 30 September 2024:

  • The median value for Houses in Hope Island is $1,442,882 while the median value for Units is $944,661.
  • Houses have a median rent of $1,100 while Units have a median rent of $780.
There are currently 208 properties listed for sale, and 25 properties listed for rent in Hope island on OnTheHouse. According to CoreLogic's data, 664 properties were sold in the past 12 months in Hope island.

Suburb Insights for Hope Island 4212

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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.