OFF MARKET

15/8 Tonga Place
Parkwood QLD 4214

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Land area: 1330m2
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Property Details for 15/8 Tonga Pl, Parkwood

15/8 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 1330m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
2002
Land Size
1330m2
Local Government
Gold Coast City
Lot/Plan
15/SP146782

Last Listing description (April 2024)

This property is an excellent opportunity for those investors looking for an excellent rental return. The 3 bedroom unit is currently rented to students and receives an income of $765 per week. The tenants have just resigned a lease for 12 months expiring December 2023.

The unit itself features 3 bedrooms, 2 bathrooms and single car space. It is located within walking distance to both Gold Coast University and Private Hospitals, Gold Coast Griffith University Campus and the Smith Collective community village making it very attractive to students and nurses.

PROPERTY FEATURES

- 3 Large Bedrooms
- 3 bathrooms
- Single Car Space
- Pool in complex
- Low Body Corporate
- Excellent rental Return
- Walking distance GC Uni Hospital
- Walking to GC Uni Train station
- 5 minute drive to Southport CBD
- Close to public transports including heavy and light rail.

Inspections on this great property are available by appointment. Evenings and weekends are both easily available also. To arrange yours, please call us anytime.

From all of us at Johnson Real Estate, we wish you every success in your search for your home, if you would like more detail on this home or to chat about one of the other properties we have please call or email us today.

Property History for 15/8 Tonga Pl, Parkwood, QLD 4214

A timeline of how this property has performed in the market
Last Sold
$382,500
13 Jan 2023
  • 13 Jan 2023
    Sold for $382,500
  • 14 Dec 2022
    Listed for Sale $385,000
  • 08 Feb 2021
    Listed for Sale $235,000
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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.