OFF MARKET

1/98 Observatory Drive
Reedy Creek QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 165m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Sep 2024
Low

High
Save

Property Details for 1/98 Observatory Dr, Reedy Creek

1/98 Observatory Dr, Reedy Creek is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a floor size of 165m2.

Building Type
House
Floor Size
165m2
Local Government
Gold Coast City

Last Listing description (March 2024)

Surrounded by light and life, this gorgeous home is positioned amongst quality residences that the observatory has become known for and is laden with plenty of charm. Offering a welcoming touch to this relaxed property, ideally suited for couples or families that are wanting a lock up and go lifestyle.


This property features:

- 4 Bedrooms all with built in robes, Master includes en suite with double vanities and shower
- Modern open plan kitchen with stone bench tops, 600mm gas cooktop and electric oven
- 2 Bathrooms, plus powder room downstairs
- Open plan living and TV area
- Covered alfresco area to rear of property
- Split system air conditioner x 2
- Flyscreens and fans throughout
- Grass area for kids to play or pets
- Double lock up garage with internal access plus extra workspace/study area
- Rainwater tank
- Pets considered on application

The tenants are responsible for all water usage. This will be charged at the current rates set by Gold Coast Water

This property is close to local parklands for your family or pets, well positioned close to local Shopping Centre which is a 5 minute drive away. Transport is close by with a bus stop only a short distance and enjoy easy access to the M1 Motorway.

***BOOKING INSPECTIONS***

If you are on our website at www.palmbeachfn.com.au or realestate.com.au press the "BOOK INSPECTION" button.

If you are on any other property site you can start the process by sending us an email enquiry. Either way, you will then be INSTANTLY informed of any updates, changes or cancellations for your property appointment.

You DO NEED to register. If no one registers for an inspection time, then that inspection may not proceed. If there are no times set for this property yet, YOU MUST STILL register and as soon as times are set you will be advised of the newly set inspection day and time.

PLEASE NOTE: We DO NOT accept 1Form. Once you have inspected the property you will receive instructions on how to apply.

Property History for 1/98 Observatory Dr, Reedy Creek, QLD 4227

A timeline of how this property has performed in the market
Listed for Rent
$850/w
14 Feb 2024
  • 13 Feb 2024
    Listed for Rent $850 / week
  • 15 Jun 2020
    Listed for Rent $650 / week
  • 09 Nov 2018
    Listed for Rent $660 / week
Sign in to see more transactions

Commute Calculator

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 2,754 properties. Over the last 5 years, Houses in Reedy Creek have seen a 90.68% increase in median value, while Units have seen a 94.20% increase. As at 31 August 2024:

  • The median value for Houses in Reedy Creek is $1,466,176 while the median value for Units is $728,639.
  • Houses have a median rent of $1,100 while Units have a median rent of $695.
There are currently 30 properties listed for sale, and 3 properties listed for rent in Reedy creek on OnTheHouse. According to CoreLogic's data, 158 properties were sold in the past 12 months in Reedy creek.

Suburb Insights for Reedy Creek 4227

Market Insights
Reedy Creek Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Reedy Creek Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.