SOLD
Sold on 15 Feb 2024 for $470,000

1/7-9 Illawong Street
Surfers Paradise QLD 4217

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 38m2
Land area: 569m2
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Property Details for 1/7-9 Illawong St, Surfers Paradise

1/7-9 Illawong St, Surfers Paradise is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 569m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Surfers Paradise in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
38m2
Land Size
569m2
Local Government
Gold Coast City
Lot/Plan
1/BUP102279

Last Listing description (May 2024)

Introducing a charming opportunity at 1 / 7-9 Illawong Street, Chevron Island - a practical and cozy one-bedroom ground floor apartment that's ideal for those seeking a comfortable and convenient lifestyle. This property is perfect for individuals or couples who appreciate being close to the beach and enjoy the benefits of living in a vibrant community.

The apartment features a single, well-sized bedroom that offers a built-in wardrobe. The accompanying bathroom is neat and functional, catering to all your essential needs. The living area, compact yet comfortable, is coupled with a practical kitchen space, suitable for everyday living and occasional entertaining.

The apartment features an expansive, fully fenced outdoor living area, offering ample space for various activities. It's perfect for setting up a BBQ and outdoor dining setup, with plenty of room remaining for a children's play area. Additionally, there's enough space to cultivate a small garden adding a touch of nature to your outdoor experience.

One of the key advantages of this property is the inclusion of a dedicated carpark, providing off-street parking which is a valuable asset in this popular area. For those who enjoy the outdoors, the complex includes a communal pool a nice spot for a leisurely swim or to enjoy the sunny Gold Coast weather.

Location-wise, you're just a short stroll from the beach, making it easy to enjoy the coastal lifestyle without being in the midst of the hustle and bustle. Whether it's for morning jogs along the shore or peaceful evening walks.

Chevron Island itself offers a friendly community atmosphere with convenient access to local cafes, restaurants, and shops. You'll find most things you need right in the neighborhood, striking a balance between quiet island living and easy access to urban amenities.

This property at 1 / 7-9 Illawong Street is a solid choice for those looking for a manageable, well-located home in a desirable area. It's an invitation to enjoy a relaxed lifestyle with the benefits of beach proximity and community living. If you're interested in a straightforward, comfortable living space on Chevron Island, this could be the ideal place for you.

Potential rental income is around $500 per week

Council rates are approximately $1,957 per year
Body Corporate Sinking Fund & Levys are approximately $56 per week
Water rates are approximately $25 per week

Property History for 1/7-9 Illawong St, Surfers Paradise, QLD 4217

A timeline of how this property has performed in the market
Last Sold
$470,000
15 Feb 2024
Listed for Rent
20 Jul 2017
  • 15 Feb 2024
    Sold for $470,000
  • 29 Jan 2024
    Listed for Sale Not Disclosed
  • 13 Nov 2017
    Sold for $220,000
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About Surfers Paradise 4217

The size of Surfers Paradise is approximately 6.3 square kilometres. It has 20 parks covering nearly 7.3% of total area. The population of Surfers Paradise in 2011 was 19,668 people. By 2016 the population was 23,688 showing a population growth of 20.4% in the area during that time. The predominant age group in Surfers Paradise is 20-29 years. Households in Surfers Paradise are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Surfers Paradise work in a professional occupation. In 2011, 41.5% of the homes in Surfers Paradise were owner-occupied compared with 39.9% in 2016.

Surfers Paradise has 25,231 properties. Over the last 5 years, Houses in Surfers Paradise have seen a 72.39% increase in median value, while Units have seen a 98.47% increase. As at 31 October 2024:

  • The median value for Houses in Surfers Paradise is $2,308,496 while the median value for Units is $767,523.
  • Houses have a median rent of $750 while Units have a median rent of $673.
There are currently 372 properties listed for sale, and 92 properties listed for rent in Surfers paradise on OnTheHouse. According to CoreLogic's data, 1586 properties were sold in the past 12 months in Surfers paradise.

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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.