OFF MARKET

98 Observatory Drive
Reedy Creek QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 176m2
Land area: 230m2
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Property Details for Lot 2/98 Observatory Dr, Reedy Creek

Lot 2/98 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 230m2 and floor size of 176m2. While the property is not currently for sale or for rent, it was last sold in August 2019.

Building Type
House
Year Built
2008
Floor Size
176m2
Land Size
230m2
Local Government
Gold Coast City
Lot/Plan
2/SP214433

Last Listing description (February 2017)

AVAILABLE FROM 31/1/17 UNFURNISHED. This low maintenance 3-4 bedroom home has two covered outdoor entertaining areas plus a fenced grass area suitable for children and a pet. Located within close proximity to some of the Gold Coast's best schools including Hillcrest Christian College, Kings Christian College, Sommerset College and All Saints Anglican School.
The ground floor features a contemporary kitchen with stone bench tops and stainless steel appliances including a gas cook top. There is an open plan living and dining area with an air con unit plus a second separate living area. There is also a fourth bedroom or study, a guest powder room and a separate laundry.
The upstairs includes the master bedroom with an air con unit, walk in robe and ensuite with double stone vanity. Bedrooms two and three have built-ins and there are ceiling fans in all rooms, plus there is the main bathroom with a separate toilet.

Features:
- Freshly painted interior
- Ceiling fans in all rooms
- Security screens
- Air con units in some rooms
- Gas hot water
- Rain water tank

Property History for Lot 2/98 Observatory Dr, Reedy Creek, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$620,000
25 Aug 2019
Listed for Rent
23 Jan 2017
  • 25 Aug 2019
    Sold for $620,000
  • 17 Jan 2017
    Listed for Rent $650 / week
  • 05 Dec 2016
    Sold for $612,000
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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 2,754 properties. Over the last 5 years, Houses in Reedy Creek have seen a 90.68% increase in median value, while Units have seen a 94.20% increase. As at 31 August 2024:

  • The median value for Houses in Reedy Creek is $1,466,176 while the median value for Units is $728,639.
  • Houses have a median rent of $1,100 while Units have a median rent of $695.
There are currently 31 properties listed for sale, and 3 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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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.