OFF MARKET

27 Magnetic Drive
Tamborine Mountain QLD 4272

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 115m2
Land area: 1012m2
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Property Details for 27 Magnetic Dr, Tamborine Mountain

27 Magnetic Dr, Tamborine Mountain is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1990. The property has a land size of 1012m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in October 2013.

Building Type
House
Year Built
1990
Floor Size
115m2
Land Size
1012m2
Local Government
Scenic Rim Regional
Lot/Plan
162/RP129205

Last Listing description (November 2013)

'Million Dollar Views!
Whether by day or night this home has spectacular views to the Gold Coast. Immediately upon entering the home there is a relaxed ambiance. The use of floor to ceiling glass allows a lot of light and stunning views from the living areas including the kitchen, flowing to the expansive partly covered deck which is an entertainer's delight or just a perfect place to read a book in peace!
This property is only a few minutes drive to the Eagle Heights Hotel and Restaurant, 5mins from Gallery Walk Specialty Shops, Restaurants, 10mins from the local Schools, state of the art Gym, Swimming Pool, Cafe's & Business Centre.

There are 3 built in bedrooms, bathroom, and laundry, downstairs there are 2 rumpus rooms to utilise how you wish. Finally there is a lockup single garage and more than ample storage under the house.
Currently renting at $400 per week this home would be a great rental property permanently or for weekends.
A most desirable mountain retreat recently renovated with a lot of thought and care.

Property History for 27 Magnetic Dr, Tamborine Mountain, QLD 4272

A timeline of how this property has performed in the market
Last Sold
$412,500
03 Oct 2013
Listed for Rent
$350/w
07 Feb 2012
  • 03 Oct 2013
    Sold for $412,500
  • 24 Mar 2013
    Listed for Sale $429,000
  • 21 Dec 2011
    Listed for Rent - Price not available
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About Tamborine Mountain 4272

The size of Tamborine Mountain is approximately 42.5 square kilometres. It has 29 parks covering nearly 16.1% of total area. The population of Tamborine Mountain in 2011 was 7,030 people. By 2016 the population was 7,498 showing a population growth of 6.7% in the area during that time. The predominant age group in Tamborine Mountain is 60-69 years. Households in Tamborine Mountain are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tamborine Mountain work in a professional occupation. In 2011, 77.1% of the homes in Tamborine Mountain were owner-occupied compared with 79% in 2016.

Tamborine Mountain has 4,048 properties. Over the last 5 years, Houses in Tamborine Mountain have seen a 83.01% increase in median value, while Units have seen a 87.04% increase. As at 31 October 2024:

  • The median value for Houses in Tamborine Mountain is $1,035,052 while the median value for Units is $642,313.
  • Houses have a median rent of $730 while Units have a median rent of $350.
There are currently 115 properties listed for sale, and 12 properties listed for rent in Tamborine mountain on OnTheHouse. According to CoreLogic's data, 186 properties were sold in the past 12 months in Tamborine mountain.

Suburb Insights for Tamborine Mountain 4272

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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.