OFF MARKET

9/462 Coolangatta Road
Tugun QLD 4224

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 101m2
Land area: 126m2
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Property Details for 9/462 Coolangatta Rd, Tugun

9/462 Coolangatta Rd, Tugun is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2008. The property has a land size of 126m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2008
Floor Size
101m2
Land Size
126m2
Local Government
Gold Coast City
Lot/Plan
9/SP208407

Last Listing description (October 2016)

With two bedroom, two bathroom and two allocated car spaces, this stunning style unit is located in a three-story, small and modern complex, which is only eight year old. This unit is well maintained, and both of the bedrooms are of good sizes. This property is less than 300 meter away from the patrolled surfing beach, with a holiday atmosphere all year round. You can take a short stroll to the local shopping village, and the bus stops are even closer. For senior people looking for retirement activities, a five minute walk will lead you to the Tugun Bowls Club.
For savvy investors: this place is currently rented for $380 per week, which makes a yield of 5%. There is a strong demand for rental properties in Tugun. The owners have to sell this property for a loss due to the change of circumstances, and their loss is your gain.
Other features include:

Dual covered balconies at the front and back
Air conditioner and ceiling fan to each bedroom and living area
Generous open planned kitchen, dining and lounge area
Secured gate entrance with intercom
CCTV monitoring
Salt water swimming pool
Well maintained building with the interior being re-painted and exterior being pressure cleaned recently
Feel free to contact Geoffrey Pan: the Building Manager of this complex, any time of the day to make inquiries or, book an inspection. His mobile number is: 0416470024

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Property History for 9/462 Coolangatta Rd, Tugun, QLD 4224

A timeline of how this property has performed in the market
Last Sold
$700,000
27 Sep 2021
Listed for Rent
$370/w
31 Mar 2015
  • 27 Sep 2021
    Sold for $700,000
  • 28 Sep 2016
    Sold for $360,000
  • 13 Jul 2016
    Listed for Sale $388,000
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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 3,813 properties. Over the last 5 years, Houses in Tugun have seen a 90.63% increase in median value, while Units have seen a 113.89% increase. As at 30 November 2024:

  • The median value for Houses in Tugun is $1,432,695 while the median value for Units is $1,087,210.
  • Houses have a median rent of $900 while Units have a median rent of $750.
There are currently 11 properties listed for sale, and 4 properties listed for rent in Tugun on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Tugun.

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