SOLD
Sold on 08 Nov 2023 for $1,500,000

8 Observatory Drive
Reedy Creek QLD 4227

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 250m2
Land area: 1111m2
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Property Details for 8 Observatory Dr, Reedy Creek

8 Observatory Dr, Reedy Creek is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 1111m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 5 bedroom House sold in Reedy Creek in the last 12 months.

Building Type
House
Year Built
2007
Floor Size
250m2
Land Size
1111m2
Local Government
Gold Coast City
Lot/Plan
4/SP154431

Last Listing description (December 2023)

With a beautiful backdrop of Natural Bushland and spread out on one of the largest and flattest blocks in the Observatory, walking distance to Reedy Creek shops and transport, this impressive spacious entertainer is perfect for a growing family looking for room to spread out. With large open plan living areas and multiple indoor and outdoor entertaining areas, this is an ideal family home so close to town.

Features 4 bedrooms plus large study/5th bedroom, spacious master bedroom with walk in robes and ensuite with spa bath and double vanities. A formal lounge and dining, plus a separate open plan family room with high vaulted ceilings wrap around the indoor entertaining area with a built-in bar and awesome swim spa/Jacuzzi. This is an ideal space to wind down and relax with friends and family. A large kitchen with stone bench tops, modern appliances and a corner pantry compliment the home. A second fully screened off outdoor entertaining area opens out onto a massive, fenced back yard perfect for kids and family pets. There is also plenty of room for a pool here.

With easy care gardens and direct access to walking trails and the Nature reserve, this home is complete with air-conditioning, insulation, solar power system, security system with cameras, large double garage with a rear door for access to the back for parking trailors/jetski etc. If you are running out of space and love entertaining, then this warm and inviting home in an ideal location is one you must inspect.

Property History for 8 Observatory Dr, Reedy Creek, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,500,000
08 Nov 2023
  • 08 Nov 2023
    Sold for $1,500,000
  • 26 Oct 2023
    Listed for Sale Not Disclosed
  • 17 Mar 2006
    Sold for $630,000
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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 2,753 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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Kevin Crasto
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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.