OFF MARKET

9/5609 Island Street
South Stradbroke QLD 4216

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 650m2
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Property Details for 9/5609 Island St, South Stradbroke

9/5609 Island St, South Stradbroke is a 1 bedroom, 1 bathroom Townhouse and was built in 1998. The property has a land size of 650m2.

Building Type
Townhouse
Year Built
1998
Land Size
650m2
Local Government
Gold Coast City

Last Listing description (February 2023)

PROPERTY ID: 87804 (quote when calling)

One bedroom cabin with seperate laundry and bathroom off the back of the open plan main living area. Good sized veranda, fully fly screened for outdoor living. This cabin is located in the Couran Cove Resort on south Stradbroke Island with the owner and guests able to access all amenities offered by the resort which include pools, tennis courts, bars, restaurants, Marina, extensive sealed and unsealed walking tracks, water and land based tours and activities. The beautiful uncrowded surf beach on one side of the island and the Gold Coast Broadwater on the other side. Access to the cabin is by the resort ferry service that departs from Main Beach several times daily. Body Corporate fees are approximately $150 per week which is easily covered from holiday rentals. Currently listed as a holiday rental earning $7500 per year on average from just 2 months rental through the holiday seasons with potential to increase income. The resort is family focused and is a great destination for families and would also be great for boaties, fishermen, surfers or anyone wanting an escape from the big city life while only being a 30 minute boat ride away from the rest of the Gold Coast. Some of the most affordable realestate on the Gold Coast market today. The price is firm, no offers will be considered.

Property History for 9/5609 Island St, South Stradbroke, QLD 4216

A timeline of how this property has performed in the market
  • 27 Dec 2022
    Listed for Sale $120,000
  • 02 Feb 2021
    Listed for Sale $120,000
  • 24 Dec 2019
    Listed for Sale $120,000

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About South Stradbroke 4216

The size of South Stradbroke is approximately 21.9 square kilometres. It has 2 parks covering nearly 74.8% of total area. The population of South Stradbroke in 2011 was 100 people. By 2016 the population was 25 showing a population decline of 75.0% in the area during that time. The predominant age group in South Stradbroke is 50-59 years. Households in South Stradbroke are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Stradbroke work in a managers occupation. In 2011, 78.7% of the homes in South Stradbroke were owner-occupied compared with 72.8% in 2016.

South Stradbroke has 517 properties. Over the last 5 years, Houses in South Stradbroke have seen a 118.33% increase in median value, while Units have seen a -17.40% decrease. As at 31 October 2024:

  • The median value for Houses in South Stradbroke is $1,564,853 while the median value for Units is $659,714.
There are currently 25 properties listed for sale, and no properties listed for rent in South stradbroke on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in South stradbroke.

Suburb Insights for South Stradbroke 4216

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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.