SOLD
RECENT ADVICE
Sold on 21 May 2024 for $655,000

83/54 Gemvale Road
Reedy Creek QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 116m2
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Property Details for 83/54 Gemvale Rd, Reedy Creek

83/54 Gemvale Rd, Reedy Creek is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Reedy Creek in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
116m2
Local Government
Gold Coast City
Lot/Plan
83/SP103547

Last Listing description (May 2024)

NOTE PRICE ADJUSTMENT TO $679,000. This three bedroom, low maintenance duplex villa comes with a private yet compact yard, suitable for a pergola to be added creating an outdoor entertainment area. Three spacious bedrooms, with built-in robes, ensuite bathroom to main and an open plan living area opening directly onto the rear patio. Room for two vehicles including a single lock up garage plus full security doors and windows throughout as well as aircon to main living.

Located in the popular 'Somerset Gardens' complex with secure entry, experienced on site management plus resort sized pool and BBQ/family entertainment area plus a easy 10 minute walk to Varsity Lakes Station. Schools, local and major shopping are all handy.

Ideal as your first move into the property market, downsizers or part of your rental investment portfolio, inspect now at this reduced price !

Property History for 83/54 Gemvale Rd, Reedy Creek, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$655,000
21 May 2024
Listed for Rent
19 Jun 2024
  • 28 May 2024
    Listed for Rent $650 / week
  • 01 May 2024
    Sold for $655,000
  • 13 Mar 2024
    Listed for Sale $679,000
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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 34 properties listed for sale, and 4 properties listed for rent in Reedy creek on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Reedy creek.

Suburb Insights for Reedy Creek 4227

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Garry Byrnes
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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.