28/8 Tonga PlaceParkwood QLD 4214
Property Details for 28/8 Tonga Pl, Parkwood
28/8 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. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (September 2020)
'University Village' is a fantastic investment opportunity 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 operates from Broadbeach to Helensvale and connecting to heavy rail up to Brisbane, along with other infrastructure in the area have impacted accommodation like this to be highly sought after from students within Australia and worldwide. A majority of the students who rent here are from Asian countries, with many studying dentistry/medicine at Griffith University.
Please feel free to ask for a fact sheet on this property which lays out the income and expenses. A copy of the past couple of years EOFY statements can be sent to potential buyers but this property is a high yielding investment and won't last long. It's a great option to put into a super fund account or just add to the property portfolio, either way don't delay otherwise you will miss out!
* 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 $670 per week rental returns. Lease exp 31.12.2020.
* Body corp approx. $84 p/wk. Complex approx. 16 years 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 the University and Hospital.
* Council rates - approx. $810 per 6 months. Water rates - approx. $645 per 6 months
Property History for 28/8 Tonga Pl, Parkwood, QLD 4214
- 28 Aug 2020Sold for $293,000
- 14 Nov 2019Listed for Sale Offers over $299,000
- 27 Feb 2018Sold for $295,000
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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.
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