OFF MARKET

8429 Magnolia Drive E
Hope Island QLD 4212

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 127m2
Land area: 1261m2
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Property Details for 8429 Magnolia Dr E, Hope Island

8429 Magnolia Dr E, Hope Island is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 1261m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
2003
Floor Size
127m2
Land Size
1261m2
Local Government
Gold Coast City
Lot/Plan
58/BUP107091

Last Listing description (June 2023)

Double The Appeal For Investors- Fully Furnished

This immaculate, two bedroom, two bathroom second floor dual key apartment will excite any keen investor - with double rental income potential!!!

Located in the stunning Hope Island Resort, this apartment offers simple, no stress, low maintenance, luxurious, resort style living, access to resort pools, recreational facilities and round the clock 24 hour security,

Features of the home include:
North East facing
Second floor
2 Large bedrooms
Fully Furnished
Master suite with own bathroom
Second bedroom with ensuite and kitchenette
Well appointed kitchen with stone benchtops
Large balcony
Excellent views out to the golf course and lake
Ducted air conditioning throughout
Lift/Elevator
Luxurious quiet complex
Immaculately kept apartment
2 Car parking plus buggy parking
Low maintenance
FIRB Approved

Perfect for the young professional, older retiree, or even someone seeking a lock up and leave situation for a portion of the year.

Call Jason 0414 307 397 for more information or to arrange an inspection

Property History for 8429 Magnolia Dr E, Hope Island, QLD 4212

A timeline of how this property has performed in the market
Last Sold
$715,000
15 Jun 2023
Listed for Rent
$390/w
16 Oct 2020
  • 15 Jun 2023
    Sold for $715,000
  • 24 Feb 2023
    Listed for Sale UNDER CONTRACT
  • 10 Sep 2020
    Listed for Rent $390 / week
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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 8,831 properties. Over the last 5 years, Houses in Hope Island have seen a 98.77% increase in median value, while Units have seen a 70.95% increase. As at 31 July 2024:

  • The median value for Houses in Hope Island is $1,480,728 while the median value for Units is $921,603.
  • Houses have a median rent of $1,138 while Units have a median rent of $760.
There are currently 189 properties listed for sale, and 24 properties listed for rent in Hope island on OnTheHouse. According to CoreLogic's data, 699 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.