SOLD
Sold on 11 May 2024 for $720,000

17/8 Paradise Parade
Paradise Point QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 136m2
Land area: 958m2
Sold By
Steve Taber
Professionals Vertullo Real Estate
Tressa Lindenberg
Professionals Vertullo Real Estate
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Property Details for 17/8 Paradise Pde, Paradise Point

17/8 Paradise Pde, Paradise Point is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 958m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Paradise Point in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
136m2
Land Size
958m2
Local Government
Gold Coast City
Lot/Plan
17/BUP4293

Last Listing description (June 2024)

Positioned on the banks of the Coomera River, and with adjoining parklands directly on your doorstep, this spacious, 3rd level apartment in the iconic 'Paradise Tower' complex, offers its fortunate new owner an opportunity to enjoy a primely positioned, relaxed riverside lifestyle or an excellent investment opportunity.

The large windows in all rooms offer relaxed views across Paradise Point and allow for the apartment to be flooded with natural light, providing a lovely environment to call home and enjoy a hassle-free, low-maintenance lifestyle.

What a great place to live in or invest in!

- 2 double bedrooms with built-in wardrobes
- Large master bedroom with walk-in robe, ensuite and direct balcony access
- The 2nd bedroom is oversized and capable of including a study-nook area as well, if required
- Spacious living areas flowing out to an east-facing balcony with peaceful tree-canopy views
- Large kitchen with plenty of cupboards and bench space and boasting lovely parkland views
- Separate single-lock-up garage within the secure basement area
- Large modern lift access (new lift) direct from basement to apartment level - no stairs
- Well-maintained residential complex with a nice community and a very high proportion of owner-occupiers
- Waterfront complex with communal riverfront pontoon and sunny pool
- Surrounded by km's of beautiful waterside boardwalks and parklands
- Close to all conveniences including medical practitioners, shops, coffee shops, and restaurants, plus a covered bus stop virtually next door
- Pet friendly
- Excellent tenant in place if required
- Body corp. fees approx. $112 per week

Property History for 17/8 Paradise Pde, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$720,000
11 May 2024
Listed for Rent
$380/w
17 Sep 2015
  • 11 May 2024
    Sold for $720,000
  • 26 Apr 2024
    Listed for Sale $759,000
  • 17 Sep 2015
    Listed for Rent - Price not available
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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, 219 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.