OFF MARKET

84 Observatory Drive
Reedy Creek QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 691m2
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Property Details for 84 Observatory Dr, Reedy Creek

84 Observatory Dr, Reedy Creek is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 691m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
House
Year Built
2008
Land Size
691m2
Local Government
Gold Coast City
Lot/Plan
484/SP196071

Last Listing description (March 2014)

MUST BE SOLD - RIGHT NOW!
You'll have to be quick for this one - A willing overseas seller and a fabulous family home could be the best opportunity you'll have all year to purchase in The Observatory.
Currently rented to executive tenants for $570 pw until August, this has been a reliable investment for our overseas owner who now must liquidate. Add to your portfolio or buy now and move in soon.

PROPERTY HIGHLIGHTS
* 4 bedrooms (master with ensuite) + study or 5th bedroom
* 2 Living areas (open plan living/family + separate media room)
* Elegant kitchen with designer tap ware, stone bench and room for double door fridge
* 2 Modern bathrooms (ensuite with his and her showerheads and basins)
* Ducted A/C
* Ceiling fans throughout
* Polished timber floors + quality carpets to bedrooms
* Undercover outdoor deck entertaining
* Fully fenced yard with room for pool
* Double Electric Garage with room for 4WD
* Oversized laundry
Additional feature/s - Air Conditioning.

Property History for 84 Observatory Dr, Reedy Creek, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$550,000
19 Mar 2014
Listed for Rent
$570/w
17 Aug 2013
  • 19 Mar 2014
    Sold for $550,000
  • 22 Jan 2014
    Listed for Sale NEG BETWEEN $570K - $600K
  • 07 Jul 2013
    Listed for Rent $570 / week
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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, 156 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.