OFF MARKET

1/17 Drake Avenue
Paradise Point QLD 4216

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 225m2
Land area: 291m2
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Property Details for 1/17 Drake Ave, Paradise Point

1/17 Drake Ave, Paradise Point is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2017. The property has a land size of 291m2 and floor size of 225m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
2017
Floor Size
225m2
Land Size
291m2
Local Government
Gold Coast City
Lot/Plan
1/SP277706

Last Listing description (March 2024)

Located in the highly sought after street this luxuriously appointed residence epitomizes quality and style.
The bright and spacious interiors of the two level home offer state of the art features and a relaxed idyllic lifestyle. Perfectly positioned only metres from the water's edge, enjoy a leisurely stroll around the famous Paradise Point foreshore to one of the many
waterfront parks on offer. Experience the enviable lifestyle, with caf?s, restaurants and shops just a short stroll away.

State of the art kitchen with breakfast bar, soft close drawers, Caesar Stone bench tops and European appliances
Have your appliances discreetly on hand in the large pantry with masses of storage space
2.7m high ceilings downstairs and modern square set plastering.
Year round comfort with multi zone ducted reverse cycle air conditioning and ceiling fans.
Downstairs light filled office, large laundry with plenty of storage space and guest bathroom
Feature staircase with glass balustrade + large second living area/media room upstairs
Masses of storage space in the extra wide hallway and custom built cabinetry under the stairs
Huge Master retreat with a separate large walk-in wardrobe with stunning fully tiled ensuite with double vanity, oversized shower and toilet.
Luxurious fully tiled main bathroom with soaker tub and oversized shower.
Stunning tropical saltwater pool surrounded by the covered entertaining area with timber decking.
6 star energy efficiency rating and LED lighting throughout
Large Double garage with direct internal access.

Property History for 1/17 Drake Ave, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,250,000
30 Jan 2023
Listed for Rent
$1.04k/w
29 Jan 2024
  • 29 Jan 2024
    Listed for Rent $1,040 / week
  • 16 Feb 2023
    Listed for Rent $1,040 / week
  • 30 Jan 2023
    Sold for $1,250,000
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About Paradise Point 4216

The size of Paradise Point is approximately 4.1 square kilometres. It has 9 parks covering nearly 10.8% of total area. The population of Paradise Point in 2011 was 5,929 people. By 2016 the population was 6,558 showing a population growth of 10.6% in the area during that time. The predominant age group in Paradise Point is 60-69 years. Households in Paradise Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Paradise Point work in a managers occupation. In 2011, 62.8% of the homes in Paradise Point were owner-occupied compared with 65.7% in 2016.

Paradise Point has 4,369 properties. Over the last 5 years, Houses in Paradise Point have seen a 85.88% increase in median value, while Units have seen a 87.31% increase. As at 31 October 2024:

  • The median value for Houses in Paradise Point is $1,957,201 while the median value for Units is $1,267,726.
  • Houses have a median rent of $900 while Units have a median rent of $660.
There are currently 83 properties listed for sale, and 10 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 221 properties were sold in the past 12 months in Paradise point.

Suburb Insights for Paradise Point 4216

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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.