OFF MARKET

45 Magnetic Drive
Tamborine Mountain QLD 4272

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 153m2
Land area: 1027m2
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Last updated 18 Nov 2024
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Property Details for 45 Magnetic Dr, Tamborine Mountain

45 Magnetic Dr, Tamborine Mountain is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1989. The property has a land size of 1027m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
1989
Floor Size
153m2
Land Size
1027m2
Local Government
Scenic Rim Regional
Lot/Plan
153/RP129206

Last Listing description (August 2017)

Reluctant sale of this entertainers dream with Vacant Possession Guaranteed!!
Are you thinking of beautiful Tamborine Mountain, part of the Gold Coast Hinterland, seeking a new lifestyle opportunity? Perhaps you are a local wanting to stay in the catchment area for exceptional State and Private schooling.
We highly recommend you take a look at this family friendly home with dual-living/home business potential. Investors take note, 45 Magnetic Drive has been a successful rental property.

Benefits include:
* Level entry to 3 bedrooms upstairs with built-ins and A/C units, master with ensuite
* Good sized living room with fireplace
* Large, sleek and modern kitchen
* Further bedroom downstairs with living room, office and gym room
* Solar Power (5 kw system)
* Double garage with remote access
* Entertainer s deck with coastal views
* Big, flat, very usable lawn areas with established gardens
* Set on a acre fully-fenced block on a quiet street
* Well located for easy access to the M1 and Gold Coast
Freshly painted throughout, this home is ready to move into and enjoy now. Or let your imagination flow and re-model to suit your requirements using the downstairs area as a home office, workshop, therapies space, yoga studio, teenagers/parents retreat.
There is so much potential to add value here!

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Property History for 45 Magnetic Dr, Tamborine Mountain, QLD 4272

A timeline of how this property has performed in the market
Last Sold
$520,000
29 Jun 2017
  • 29 Jun 2017
    Sold for $520,000
  • 25 May 2017
    Listed for Sale Present All Offers!
  • 16 Jan 2006
    Sold for $330,000
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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 4,052 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 122 properties listed for sale, and 10 properties listed for rent in Tamborine mountain on OnTheHouse. According to CoreLogic's data, 187 properties were sold in the past 12 months in Tamborine mountain.

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