SOLD
Sold on 16 Mar 2024 for $1,700,000

2 Ephraim Island
Paradise Point QLD 4216

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 202m2
Land area: 846m2
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Property Details for Lot 7406/2 Ephraim Island, Paradise Point

Lot 7406/2 Ephraim Island, Paradise Point is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 846m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Paradise Point in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
202m2
Land Size
846m2
Local Government
Gold Coast City
Lot/Plan
7406/SP157634

Property History for Lot 7406/2 Ephraim Island, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$1,700,000
16 Mar 2024
  • 16 Mar 2024
    Sold for $1,700,000
  • 06 May 2020
    Sold for $905,000
  • 29 Aug 2018
    Sold for $900,000
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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 4,369 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 80 properties listed for sale, and 11 properties listed for rent in Paradise point on OnTheHouse. According to CoreLogic's data, 216 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.