16 Gameau Rd, Paradise is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1962. The property has a land size of 746m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 1998.
Investment Opportunity or Re-Develop
This neat three bedroom home in the vicinity of Paradise O-Bahn Inter-change offers an excellent opportunity for development. With the option for two individual dwellings with subdivision plans already approved, each allotment measuring 376sqm.
The current dwelling features built in robes in all bedrooms, spacious lounge room, heating/cooling, also with ceiling fans to main bedroom and lounge room. The enclosed yard with side pergola accessible from kitchen sliding doors, two toolsheds, garage (storage only, not accessible to cars) and a carport. Currently tenanted at $205 per week.
The size of Paradise is approximately 3.6 square kilometres. It has 21 parks covering nearly 19.8% of total area. The population of Paradise in 2011 was 6,557 people. By 2016 the population was 6,789 showing a population growth of 3.5% in the area during that time. The predominant age group in Paradise is 20-29 years. Households in Paradise are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Paradise work in a professional occupation. In 2011, 70.7% of the homes in Paradise were owner-occupied compared with 70.3% in 2016.
Paradise has 3,386 properties. Over the last 5 years, Houses in Paradise have seen a 80.60% increase in median value, while Units have seen a 87.67% increase. As at 31 October 2024:
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