19 Drake AvenueParadise Point QLD 4216
Property Details for 19 Drake Ave, Paradise Point
19 Drake Ave, Paradise Point is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 291m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (July 2014)
If you are searching for something that oozes potential then look no further.
This great size land parcel is zoned Residential B. An opportunity to create dual income with redevelopment.
Or renovate and capitalise on the scarcity of rental properties in the coveted duck streets of Paradise Point.
Positioned in a convenient & cosy location, set only minutes' walk to the alfresco style cafs & fine dining restaurants along the landscaped Esplanade.
Boating enthusiasts will be delighted that only 300m to the west of the property is Paradise Points own boat harbour and ramp, which provides easy access to south Stradbroke Island & leads to many of the most luxurious of suburbs on the coast.
All offers will be considered by the owners;
- 3 Bedrooms.
- Double lock up garage, with additional storage room.
- 17m frontage.
- Current rental income $410pw
- Realistic motivated vendors.
Call Shane for a inspection today 0407938470.
Property History for 19 Drake Ave, Paradise Point, QLD 4216
- 01 Aug 2023Sold for $1,387,000
- 09 Nov 2021Sold for $1,415,000
- 06 May 2014Listed for Sale Under Contract
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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 4,389 properties. Over the last 5 years, Houses in Paradise Point have seen a 110.08% increase in median value, while Units have seen a 104.03% increase. As at 31 July 2024:
- The median value for Houses in Paradise Point is $2,220,777 while the median value for Units is $1,298,732.
- Houses have a median rent of $920 while Units have a median rent of $650.
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