SOLD
Sold on 15 Apr 2024 for $532,000

8/45 Railway Street
Southport QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 234m2
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Property Details for 8/45 Railway St, Southport

8/45 Railway St, Southport is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 234m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Southport in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
70m2
Land Size
234m2
Local Government
Gold Coast City
Lot/Plan
8/BUP2237

Last Listing description (October 2024)

Situated in the heart of Southport, only minutes from restaurants, late night dining & the Southport CBD. This updated 2-bedroom apartment offers a contemporary living experience in a desirable location.

Key Features:
? Located on the top floor of a boutique 9-unit complex

? Open concept living area with seamless flow and abundant natural light, which opens to an enclosed east facing balcony
? Two spacious bedrooms with built-ins
? Bathroom with laundry combined
? Separate toilet
? Reverse cycle air conditioning and fans
? Open plan kitchen with ample storage
? Single open ground level carport with lockable storage cupboard

Conveniently located within walking distance to Southport business district. Australia Fair, restaurants, caf?s, the Olympic Aquatic Centre, and the active Broadwater Parklands are also close by. Convenience of public transport including the G-Link light rail service. The G-Link light rail service links you to both Southport, Surfers Paradise and south to Broadbeach or north to the Griffith University and Gold Coast University and Private Hospital on to Helensvale and connects to the trains through to Brisbane and Robina.

The Numbers:
Body Corporate approx: $77 per week
Water Rates: approx: $ 389 per quarter
Council Rates: approx $ 1,207 per half year
Currently tenanted till October 2024 at $550.00 per week with an anticipated rental return of $570-600 per week

Contact us today to arrange an inspection time, please call;
Hayleigh McAuliffe 0423 328 223
Tash Fernandez 0435 528 588

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Property History for 8/45 Railway St, Southport, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$532,000
15 Apr 2024
Listed for Rent
$550/w
18 Oct 2023
  • 15 Apr 2024
    Sold for $532,000
  • 08 Apr 2024
    Listed for Sale SOLD
  • 22 Sep 2023
    Listed for Rent $550 / week
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About Southport 4215

The size of Southport is approximately 14.6 square kilometres. It has 37 parks covering nearly 18.2% of total area. The population of Southport in 2011 was 28,314 people. By 2016 the population was 31,879 showing a population growth of 12.6% in the area during that time. The predominant age group in Southport is 20-29 years. Households in Southport are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southport work in a professional occupation. In 2011, 41.2% of the homes in Southport were owner-occupied compared with 37.9% in 2016.

Southport has 19,530 properties. Over the last 5 years, Houses in Southport have seen a 71.54% increase in median value, while Units have seen a 97.15% increase. As at 31 October 2024:

  • The median value for Houses in Southport is $1,056,663 while the median value for Units is $718,523.
  • Houses have a median rent of $745 while Units have a median rent of $650.
There are currently 247 properties listed for sale, and 134 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1031 properties were sold in the past 12 months in Southport.

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Hayleigh Mcauliffe
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Tash Fernandez
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RAAS Property Group
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