SOLD
Sold on 12 Jul 2024 for $1,550,000

8 Oceania Way
Paradise Point QLD 4216

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 571m2
Sold By
Ivy Realty
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Property Details for 8 Oceania Way, Paradise Point

Building Type
Land
Year Built
2010
Land Size
571m2
Local Government
Gold Coast City
Lot/Plan
52/SP301118

Last Listing description (August 2024)

Sovereign Shores offers an unparalleled opportunity to secure one of the last remaining double blocks. Spanning 1222m of completely usable land, this unique site is perfect for building your dream home or potentially developing apartments, subject to approval. With breathtaking views of the beachfront, the Broadwater, and Sovereign Islands, this corner block also provides convenient street parking access on multiple sides.

Surrounded with complete waterfront living, residents can enjoy leisurely strolls along the boardwalk to nearby beaches and restaurants, starting the day with the tranquil sound of the ocean and ending it with a sunset drink on the balcony as boats pass by the stunning Broadwater.

Amenities at Sovereign Shores include an outdoor heated swimming pool and wading pool, a fully equipped gymnasium, sauna, and a recreation centre that features a theatre, library, and reception room for hosting large events. Onsite management and physical security from dusk until dawn provide peace of mind. The popularity of Paradise Point is due to its beachside village living, with proximity to Surfers Paradise/Broadbeach and commutability to Brisbane. This hidden gem is highly cherished by the locals.

Don't miss your chance to secure this exceptional piece of land in one of the Gold Coast's most desirable locations, for more information please contact Isaac Kim or Broc Pearson now on 0433 268 046 / 0492 002 094!

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 8 Oceania Way, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,550,000
12 Jul 2024
  • 12 Jul 2024
    Sold for $1,550,000
  • 12 Jun 2024
    Listed for Sale SOLD - $3,000,000
  • 16 Mar 2022
    Sold for $1,535,000
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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 4,391 properties. Over the last 5 years, Houses in Paradise Point have seen a 116.71% increase in median value, while Units have seen a 89.98% increase. As at 31 August 2024:

  • The median value for Houses in Paradise Point is $2,251,728 while the median value for Units is $1,290,801.
  • Houses have a median rent of $980 while Units have a median rent of $650.
There are currently 101 properties listed for sale, and 5 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 211 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.