SOLD
Sold on 06 Apr 2024 for $3,660,000

1 Somerset Drive
Mudgeeraba QLD 4213

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 399m2
Land area: 78304m2
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Property Details for 1 Somerset Dr, Mudgeeraba

1 Somerset Dr, Mudgeeraba is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 2018. The property has a land size of 78304m2 and floor size of 399m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 4 bedroom House sold in Mudgeeraba in the last 12 months.

Building Type
House
Year Built
2018
Floor Size
399m2
Land Size
78304m2
Local Government
Gold Coast City
Lot/Plan
42/SP184241

Last Listing description (November 2024)

Auction day is on our doorstep. It's time to be Auction ready before your opportunity is lost. Where else can you find 19 beautiful acres in the centre of town, 20 minutes east to Burleigh Beach and 25 minutes west to Springbrook and the enchanting rainforests of our GC Hinterland?

A modern 2 storey residence on 19.35 acres (7.83 hectares), a landmark estate in the heart of the Mudgeeraba community and the central Gold Coast City of Queensland.
After 17 years of land management and development, your opportunity now exists to secure this exceptional and unique property. Gorgeous home, generous open grassed areas, fruiting orchard with over 300 trees, cows, chickens, community garden and a dam. A rural paradise on the doorstep of the M1 Motorway to Brisbane and Coolangatta, and amazing easy access to the whole infrastructure of the central Gold Coast, the Robina CBD and popular beaches.

Currently zoned Limited Development Constrained Land, the future of this space will be inspired by your imagination.
The Home
*Gated Estate
*Built in 2019 brick and tile construction
*2 storey air conditioned residence
*4 bedrooms and 3 bathrooms
* Impressive living spaces on both levels
*a media room and 2 retreats (one on each level)
*Chefs' kitchen supported by an ample butler's pantry
*Covered outdoor living dining and barbeque patio
*Oversized garage and carport
*11kw solar panel energy system
*Tank and town water

The Land
*19 acres incorporating well managed land use
*Dam with recreational gazebo
*Large, irrigated orchard and native beehive
*Recreational 3 hole golf course for practice and fun
*Southern boundary Mudgeeraba Creek.
*Eastern boundary Somerset Drive across from Firth Park Sporting Precinct and Mudgeeraba Music Centre
*A portion of the land is currently managed by the Raba Urban Farm

The property will be sold by Auction 6 April 2024 at 2.00pm. We welcome your inspection by appointment through contact with the Agents, Lyn Newcomb 0407142721 and Jodi Russell 0408071911.

Auction Disclaimer.
The Property Occupations Act 2014 states a price guide cannot be provided for non-priced sales. The website has filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide.

Advertising Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 1 Somerset Dr, Mudgeeraba, QLD 4213

A timeline of how this property has performed in the market
Last Sold
$3,660,000
06 Apr 2024
  • 29 Jul 2024
    Listed for Sale Auction
  • 06 Apr 2024
    Sold for $3,660,000
  • 02 Mar 2024
    Listed for Sale Auction
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About Mudgeeraba 4213

The size of Mudgeeraba is approximately 25.8 square kilometres. It has 25 parks covering nearly 9.1% of total area. The population of Mudgeeraba in 2011 was 13,203 people. By 2016 the population was 13,615 showing a population growth of 3.1% in the area during that time. The predominant age group in Mudgeeraba is 40-49 years. Households in Mudgeeraba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mudgeeraba work in a professional occupation. In 2011, 68.3% of the homes in Mudgeeraba were owner-occupied compared with 70.8% in 2016.

Mudgeeraba has 5,596 properties. Over the last 5 years, Houses in Mudgeeraba have seen a 93.12% increase in median value, while Units have seen a 105.90% increase. As at 31 October 2024:

  • The median value for Houses in Mudgeeraba is $1,204,251 while the median value for Units is $803,827.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 43 properties listed for sale, and 6 properties listed for rent in Mudgeeraba on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Mudgeeraba.

Suburb Insights for Mudgeeraba 4213

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Contact agent
Jodi Russell
Show contact details
Lyn newcomb
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Harcourts Mudgeeraba
Preferred contact:
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.