SOLD
Sold on 12 Jul 2024 for $1,100,000

2 Ephraim Island
Paradise Point QLD 4216

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 477m2
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Property Details for Lot 2507/2 Ephraim Island, Paradise Point

Lot 2507/2 Ephraim Island, Paradise Point is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 477m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Paradise Point in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
138m2
Land Size
477m2
Local Government
Gold Coast City
Lot/Plan
2507/SP157633

Last Listing description (January 2014)

Situated in the Marina Precinct, on the fifth floor featuring spectacular views over the harbour to South Stradbroke Island, providing an impressive entrance.

Property History for Lot 2507/2 Ephraim Island, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,100,000
12 Jul 2024
  • 12 Jul 2024
    Sold for $1,100,000
  • 21 Apr 2021
    Sold for $815,000
  • 16 Jan 2014
    Listed for Sale $685,000
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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 4,376 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 87 properties listed for sale, and 5 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 215 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.