OFF MARKET

4 Drake Avenue
Paradise Point QLD 4216

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 109m2
Land area: 320m2
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Property Details for Lot 1/4 Drake Ave, Paradise Point

Lot 1/4 Drake Ave, Paradise Point is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 320m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Floor Size
109m2
Land Size
320m2
Local Government
Gold Coast City
Lot/Plan
1/SP267077

Last Listing description (July 2013)

DUCK STREET DEVELOPMENT LAND

Set in the duck streets on a massive 673m2 block this is a fantastic opportunity for a savvy buyer to secure a unique piece of Paradise Point.


After being tightly held by the same owner for over 25 years she has now decided that it is time to move on and sell.

Build your dream home by the water, develop a luxurious duplex pair or renovate. The location is perfect, the lifestyle is enviable and the time is NOW. For more information phone Matthew Hill and expect to be impressed

Land
- Set only a stones throw from the Broadwater
- Zoned Res Choice for duplexes
- 673m2 block

House
- Brick and tile construction
- 3 Bedrooms
- Main bathrooms
- Separate living areas
- Lock up garage

Dimensions
- 33.5 long
- 20.1 wide

Property History for Lot 1/4 Drake Ave, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,180,000
24 Nov 2020
  • 24 Nov 2020
    Sold for $1,180,000
  • 28 Mar 2014
    Sold for $785,000
  • 21 May 2013
    Listed for Sale $575,000

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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 4,368 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 80 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.