OFF MARKET

6/8 Teemangum Street
Tugun QLD 4224

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 138m2
Land area: 398m2
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Last updated 14 Oct 2024
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Property Details for 6/8 Teemangum St, Tugun

6/8 Teemangum St, Tugun is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 398m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1995
Floor Size
138m2
Land Size
398m2
Local Government
Gold Coast City
Lot/Plan
6/BUP102531

Last Listing description (May 2018)

Perched on the high side of Teemangum Street, 'Pacific Crest' is a small complex of only 6 units. This deceptively spacious 3 bedroom, 2 bathroom unit commands the top Northern side with gorgeous views south to Rainbow Bay & Coolangatta and north over Currumbin and up the expansive coast line.

With kitchen, living and entertaining areas all at the front of the unit, you enjoy ocean views from all aspects. All rooms have built in robes, ceiling fans and the master is ensuited, while the other two bedrooms enjoy a shared balcony.

FURTHER ATTRIBUTES

- Freshly painted
- Underground secure car spaces
- Very low outgoings
- 500m to Tugun's cafe & restaurant precinct
- 300m to Tugun beachfront
- 7mins to Gold Coast International Airport
- Access to public transport

This unit is a fantastic entry point for a first home buyer, someone looking to down size while still being in the heart of Tugun or for someone looking for a project/ small renovation. Currently extremely neat and tidy with an estimated rental return of $650 per week, however at such a brilliant price point and location, a small renovation could truly introduce you to a new market.

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Property History for 6/8 Teemangum St, Tugun, QLD 4224

A timeline of how this property has performed in the market
Last Sold
$620,000
16 Nov 2017
Listed for Rent
$650/w
04 Jan 2018
  • 21 Dec 2017
    Listed for Rent - Price not available
  • 16 Nov 2017
    Sold for $620,000
  • 11 Oct 2017
    Listed for Sale $620,000
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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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