SOLD
Sold on 16 Apr 2024 for $810,000

2/523 Gold Coast Highway
Tugun QLD 4224

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 81m2
Land area: 450m2
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McGrath Palm Beach QLD (F)
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Property Details for 2/523 Gold Coast Hwy, Tugun

2/523 Gold Coast Hwy, Tugun is a 2 bedroom, 2 bathroom Unit and was built in 2005. The property has a land size of 450m2 and floor size of 81m2. 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 Tugun in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
81m2
Land Size
450m2
Local Government
Gold Coast City
Lot/Plan
2/SP170555

Last Listing description (July 2024)

Set amidst a serene parkland setting with a walking path straight to the beach, this attractive two bedroom apartment epitomises Tugun's sought-after coastal lifestyle. Set in the newly refreshed 'Arilla' security complex, the apartment features a sun-drenched balcony plus a covered courtyard and rests just a stroll to Tugun village.

- Amazing location just moments to cafes, shops and Currumbin Beach
- Sunny north facing aspect overlooking a peaceful, tree-lined reserve

- Enjoy the relaxed ambience from the air-conditioned living and dining room
- Unwind on the spacious covered balcony, perfect for entertaining friends
- Tidy kitchen offers dishwasher, stone benchtops and Smeg oven
- Generous main bedroom with ensuite opens to a private covered courtyard
- Spacious second bedroom with built-ins plus a modern main bathroom
- Internal laundry, car space with storage area, close to public transport
- Recently repainted, new wool carpet, floor tiles, bathroom vanities and EHWS
- 350-400m to Tugun Market Co., 250m?walk to the beach
- Walk to Flat Rock or the famed Wildlife Sanctuary
- Council Rates: $1,957.92 per annum. Water Rates: $1,581.84 per annum.
- Rental Appraisal: $750 per week
- Body Corporate Fees: $77.80 per week

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Property History for 2/523 Gold Coast Hwy, Tugun, QLD 4224

A timeline of how this property has performed in the market
Last Sold
$810,000
16 Apr 2024
  • 16 Apr 2024
    Sold for $810,000
  • 04 Mar 2024
    Listed for Sale Not Disclosed
  • 12 Mar 2020
    Sold for $525,000
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About Tugun 4224

The size of Tugun is approximately 3 square kilometres. It has 15 parks covering nearly 20.5% of total area. The population of Tugun in 2011 was 5,975 people. By 2016 the population was 6,594 showing a population growth of 10.4% in the area during that time. The predominant age group in Tugun is 50-59 years. Households in Tugun are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tugun work in a professional occupation. In 2011, 58.9% of the homes in Tugun were owner-occupied compared with 62.5% in 2016.

Tugun has 3,826 properties. Over the last 5 years, Houses in Tugun have seen a 93.99% increase in median value, while Units have seen a 95.22% increase. As at 31 July 2024:

  • The median value for Houses in Tugun is $1,383,306 while the median value for Units is $1,002,990.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 25 properties listed for sale, and 8 properties listed for rent in Tugun on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Tugun.

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