OFF MARKET

4/29 Teemangum Street
Tugun QLD 4224

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 430m2
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Last updated 14 Oct 2024
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Property Details for 4/29 Teemangum St, Tugun

4/29 Teemangum St, Tugun is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 430m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1982
Floor Size
100m2
Land Size
430m2
Local Government
Gold Coast City
Lot/Plan
4/BUP5106

Last Listing description (November 2022)

This spacious apartment is only steps away from the beach allowing you to live the slow coastal lifestyle you've always wanted. Located on the first floor of a solid brick walk up building, this north facing apartment boasts natural light with coastal breezes where your open plan living/dining overlooks luscious greenery from the neighbouring park that will have you feeling like you're on holidays all year round.

Either move straight in or customise to your own taste, this property suits both owner occupiers and investors alike wishing to monopolise on the capital growth and enjoy all this particular area has to offer. Located between Elephant Rock and Tugun Beach, you have not only kilometres of beach to choose from, but also multiple walking tracks, parks and shopping/dining hot spots. With unimaginably low body corporate fees and space that new builds rarely afford, this property will not last long, act now or miss out.

Featuring:

Master bedroom with ensuite & walk in robe
Both bedrooms with back balcony access
Large kitchen
Open plan living/dining
Large balcony overlooking Kropp Park
Bathroom with tub shower and laundry
Motorised single garage with ample storage space
Extremely low body corp of $48 per week

Outgoings:
Body Corp: Approx $48 per week ($2,496 / year)
Rates: Approx $1,610 / year
Water: Approx $330 / quarter

200m to Beach
300m to Tugun Market
350m to Len Wort Park
400m to The Village Store
550m to Currumbin Bird Sanctuary
550m to IGA
600m to Cornerstone
800m to Currumbin Beach Vikings SLSC/Elephant Rock
4.1km to Coolangatta Airport
*All above are approximate

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Property History for 4/29 Teemangum St, Tugun, QLD 4224

A timeline of how this property has performed in the market
Last Sold
$711,000
11 Oct 2022
  • 11 Oct 2022
    Sold for $711,000
  • 05 Oct 2022
    Listed for Sale Offers Over $675,000
  • 10 Oct 2011
    Sold for $393,000
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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 3,808 properties. Over the last 5 years, Houses in Tugun have seen a 91.86% increase in median value, while Units have seen a 104.45% increase. As at 30 September 2024:

  • The median value for Houses in Tugun is $1,423,012 while the median value for Units is $1,002,274.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 24 properties listed for sale, and 11 properties listed for rent in Tugun on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Tugun.

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