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Sold on 02 Jan 2025 for $812,500

1/40 Woodland Drive
Reedy Creek QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 126m2
Land area: 133m2
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Property Details for 1/40 Woodland Dr, Reedy Creek

1/40 Woodland Dr, Reedy Creek is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1988. The property has a land size of 133m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 2 bedroom Unit sold in Reedy Creek in the last 12 months.

Building Type
Unit
Year Built
1988
Floor Size
126m2
Land Size
133m2
Local Government
Gold Coast City
Lot/Plan
1/BUP8725

Last Listing description (January 2025)

A rare opportunity is on offer here to acquire some of the Gold Coast's most sought after real estate, this villa is ripe for the picking and will not last long.

This villa is located just a 10 minute drive to Burleigh's beach, shops and caf? precinct, 5 minutes to Robina town centre, 15 minutes to Coolangatta airport and within walking distance to some of the Gold coast's most prestigious schools.
Very low outgoings and a very high potential rental yield in a highly sought after pocket of Reedy Creek should be high on any astute buyers shopping list and is a must to inspect and will certainly impress.

With plenty of room to grow and play this is house-like living without the house like price tag!

1. Low maintenance private villa in excellent condition
2. Low Body Corporate / Shared insurance
3. Current tenancy $695pw expires 05/02/2025
4. Sought after real estate in ideal location

This property features a spacious, fully fenced, and perfectly maintained grassy backyard that offers a homely, expansive feel. It's an ideal space for children or pets to play, for entertaining guests. The layout provides ample room to grow your own vegetables without the need for excessive upkeep, allowing you to enjoy the space without the stress of constant maintenance. A generously sized garden shed adds functionality and storage, enhancing the overall appeal of the backyard.

Reedy Creek villas are very hard to come by act now as this unique property will not last long.

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 1/40 Woodland Dr, Reedy Creek, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$812,500
02 Jan 2025
Listed for Rent
$660/w
17 Feb 2023
  • 02 Jan 2025
    Sold for $812,500
  • 02 Dec 2024
    Listed for Sale $799,000 - $849,000
  • 01 Feb 2024
    Listed for Rent - Price not available
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About Reedy Creek 4227

The size of Reedy Creek is approximately 6.4 square kilometres. It has 16 parks covering nearly 11.5% of total area. The population of Reedy Creek in 2011 was 5,712 people. By 2016 the population was 6,651 showing a population growth of 16.4% in the area during that time. The predominant age group in Reedy Creek is 40-49 years. Households in Reedy Creek are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reedy Creek work in a professional occupation. In 2011, 69.9% of the homes in Reedy Creek were owner-occupied compared with 73.7% in 2016.

Reedy Creek has 2,758 properties. Over the last 5 years, Houses in Reedy Creek have seen a 86.22% increase in median value, while Units have seen a 104.01% increase. As at 31 December 2024:

  • The median value for Houses in Reedy Creek is $1,511,757 while the median value for Units is $763,353.
  • Houses have a median rent of $1,100 while Units have a median rent of $710.
There are currently 25 properties listed for sale, and no properties listed for rent in Reedy creek on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Reedy creek.

Suburb Insights for Reedy Creek 4227

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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.