OFF MARKET

11/8 Tonga Place
Parkwood QLD 4214

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 81m2
Land area: 72m2
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Property Details for 11/8 Tonga Pl, Parkwood

11/8 Tonga Pl, Parkwood is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 72m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in September 2014.

Building Type
Unit
Year Built
2002
Floor Size
81m2
Land Size
72m2
Local Government
Gold Coast City
Lot/Plan
11/SP146782

Last Listing description (October 2014)

High Returns, Low Price in Sought after location!!!
'University Village' is a fantastic student accommodation complex opposite the Gold Coast Hospital and Griffith University which is growing rapidly in size, along with infrastructure in the immediate vicinity of this complex. New facilities like the light rail system which will be operating from the Hospital to Broadbeach very soon, a mixture of a strengthening Gold Coast market and lots of other projects in place to be completed by 2018 (Commonwealth Games) means that this property has lots of potential for the astute investor! - Spacious three bedrooms/three bathrooms - all ensuited bedrooms -Fully furnished unit on top floor of two storey walk up -Large kitchen - stainless steel appliances, air conditioned / ceiling fans -Currently returning $441 per week rental returns. -Complex approx. 10 -12 yrs old -Excellent investment property with high returns....Do NOT miss out!! -Fantastic location; within walking distance to shops, transport, parks and across the road from University and Hospital - Body Corporate approx. $63 per week -Council rates - $698 per 6 months. Water rates - $645 per 6 months (approx.) For further information or to arrange an inspection, please call Michael Elliss on 0402 858 174. Parkwood boasts a broad spectrum of homes from two bedroom townhouses, to multi level golf course mansions, to vast acreage residences, and all are some of the best value homes on the entire Gold Coast. The Parkwood/Arundel region offers literally everything in quality lifestyle you could want from its world class international golf courses, secure estate living, immense public facilities like parks, BBQ areas, walking and cycling trails. Areas vary considerably from the treed bushland settings through to the paved street of Mediterranean style mansions. Five major shopping centres including the Harbour Town Shopping Centre and Westfields Helensvale are all within 10 minutes drive. Griffith University, local schools including AB Paterson College and kindergarten cover education. Local churches, sporting facilities and so much more right on your doorstep dictates a region experiencing incredible growth and with so much more on town planning drawing boards, things are only getting bigger and better.

Property History for 11/8 Tonga Pl, Parkwood, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$226,000
15 Sep 2014
  • 18 Sep 2014
    Listed for Sale $230,000
  • 15 Sep 2014
    Sold for $226,000
  • 25 Jun 2007
    Sold for $280,000
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About Parkwood 4214

The size of Parkwood is approximately 5.6 square kilometres. It has 7 parks covering nearly 20.3% of total area. The population of Parkwood in 2011 was 8,436 people. By 2016 the population was 8,700 showing a population growth of 3.1% in the area during that time. The predominant age group in Parkwood is 20-29 years. Households in Parkwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkwood work in a professional occupation. In 2011, 70.6% of the homes in Parkwood were owner-occupied compared with 66.9% in 2016.

Parkwood has 3,096 properties. Over the last 5 years, Houses in Parkwood have seen a 85.87% increase in median value, while Units have seen a 101.90% increase. As at 31 October 2024:

  • The median value for Houses in Parkwood is $1,170,331 while the median value for Units is $717,390.
  • Houses have a median rent of $850 while Units have a median rent of $495.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Parkwood on OnTheHouse. According to CoreLogic's data, 113 properties were sold in the past 12 months in Parkwood.

Suburb Insights for Parkwood 4214

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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.