SOLD
Sold on 27 Sep 2024 for $650,000

10/54 Gemvale Road
Reedy Creek QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
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Property Details for 10/54 Gemvale Rd, Reedy Creek

10/54 Gemvale Rd, Reedy Creek is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1992. The property has a floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Townhouse sold in Reedy Creek in the last 12 months.

Building Type
Townhouse
Year Built
1992
Floor Size
117m2
Local Government
Gold Coast City
Lot/Plan
10/SP100113

Last Listing description (October 2019)

An outstanding opportunity arises to secure this beautiful three bedroom villa nestled in the highly sought after Somerset Gardens Estate. If you are looking for your first family home, a rewarding investment or simply downsizing this property is for you. <br><br>Sitting in an elevated position, this home offers an abundance of natural light, coastal breeze and hinterland views. A lovely private block featuring a good sized yard with sunny court yard to enjoy those relaxing Sunday mornings. <br><br>Features include:<br><br>Generous family kitchen<br>Tiled through-out <br>Three good size bedrooms with built ins<br>Master with ensuite, built ins and ceiling fan<br>Spacious bathroom/ separate toilet<br>Split cycle air conditioner in the living room<br>Private back yard/ elevated block<br>Separate laundry with external access<br>SLUG with internal access, 1 off street car space, visitors car park<br>Chemical termite barriers/ Individual water meters<br>Security key access to gated complex, onsite managers<br>Resort style pool and BBQ area<br>Pet friendly <br>Rates Approx $2500 plus your individual water usage<br>Estimated rental return $450-$470 per week<br><br>Centrally located to Robina town centre, private schools, varsity train and easy access to the M1, This villa is the ideal lifestyle choice for any buyer looking for a well appointed property with a generous sized yard in a private & secure community.<br><br>Features include: Courtyard,Outdoor Entertainment Area,Secure Parking,Swimming Pool - In Ground,Broadband Internet Available,Built-in Wardrobes,Dishwasher,Intercom,Air Conditioning

Property History for 10/54 Gemvale Rd, Reedy Creek, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$650,000
27 Sep 2024
  • 27 Sep 2024
    Sold for $650,000
  • 20 Aug 2019
    Sold for $365,000
  • 04 Jun 2019
    Listed for Sale $369,000
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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 2,750 properties. Over the last 5 years, Houses in Reedy Creek have seen a 87.16% increase in median value, while Units have seen a 100.46% increase. As at 31 October 2024:

  • The median value for Houses in Reedy Creek is $1,473,259 while the median value for Units is $753,271.
  • Houses have a median rent of $1,100 while Units have a median rent of $700.
There are currently 32 properties listed for sale, and 2 properties listed for rent in Reedy creek on OnTheHouse. According to CoreLogic's data, 153 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.