SOLD
Sold on 25 Nov 2023 for $625,000

40/54 Gemvale Road
Reedy Creek QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 108m2
Land area: 255m2
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Property Details for 40/54 Gemvale Rd, Reedy Creek

40/54 Gemvale Rd, Reedy Creek is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1998. The property has a land size of 255m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Townhouse sold in Reedy Creek in the last 12 months.

Building Type
Townhouse
Year Built
1998
Floor Size
108m2
Land Size
255m2
Local Government
Gold Coast City
Lot/Plan
40/SP100113

Last Listing description (January 2024)

Situated in the highly sought-after Somerset Gardens complex is this charming low set, brick and tile villa. The property consists of 3 good sized bedrooms a large open plan living area and private leafy yard.

Having just been professionally painted throughout and a new air conditioner installed this villa simply ticks all the boxes for First Home Buyers, Downsizers and Savvy Investors alike.

Property Features:

- Spacious open plan layout complete
- Air-conditioning to the main living and dining areas
- Ceiling fans throughout
- Three built-in bedrooms, master with ensuite
- Private courtyard with a covered patio overlooking the yard
- Main bathroom offers separate shower & bath
- Separate toilet
- Secure single lock-up garage
- Security screens throughout
- Well-maintained complex
- Huge swimming pool and BBQ area
- Low body corporate fees
- Great location with easy access to all the coast has to offer including Gold Coast airport, local schools, transport, shopping and medical precincts

Offering the perfect combination of low maintenance living, convenience, comfort and style, this is your opportunity to secure a property as rare as hen's teeth! Contact Corey Clark on 0403 572 672 for more information or to book an inspection.

*IMPORTANT* Whilst every care is taken in the preparation of the information contained in this marketing, Clark Partners Real Estate will not be held liable for any error in typing or information. All information is considered correct at the time of advertising.

Property History for 40/54 Gemvale Rd, Reedy Creek, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$625,000
25 Nov 2023
  • 25 Nov 2023
    Sold for $625,000
  • 07 Nov 2023
    Listed for Sale Not Disclosed
  • 30 Sep 1997
    Sold for $169,900

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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 2,753 properties. Over the last 5 years, Houses in Reedy Creek have seen a 98.12% increase in median value, while Units have seen a 93.69% increase. As at 31 July 2024:

  • The median value for Houses in Reedy Creek is $1,492,957 while the median value for Units is $731,007.
  • Houses have a median rent of $1,100 while Units have a median rent of $695.
There are currently 26 properties listed for sale, and 6 properties listed for rent in Reedy creek on OnTheHouse. According to CoreLogic's data, 162 properties were sold in the past 12 months in Reedy creek.

Suburb Insights for Reedy Creek 4227

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Clark Partners Real Estate
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Corey Clark
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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.