1003/255-261 Boundary Street, Coolangatta, QLD 4225 | Property Value & History | OnTheHouse
OFF MARKET

1003/255-261 Boundary Street
Coolangatta QLD 4225

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 429m2
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Property Details for 1003/255-261 Boundary St, Coolangatta

1003/255-261 Boundary St, Coolangatta is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 429m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in December 2016.

Building Type
Unit
Year Built
1982
Floor Size
110m2
Land Size
429m2
Local Government
Gold Coast City
Lot/Plan
29/BUP5455

Last Listing description (August 2018)

Swimming, sun baking, surfing, fishing and whale watching... This is all on your doorstep when you arrive to Rainbow Commodore. This holiday tower stands tall only two streets back from Rainbow Bay Beach front and a short stroll up the hill to D-Bah. If you do not want to even leave the apartment you will get to relax on one of the three balconies that offer beautiful sea breezes, amazing whale watching and even a sunbake at the right time of day!

The vibe you get when you enter this property is fresh, modern and functional. With a spacious floor plan and completely renovated less than 2 years ago this apartment boasts a strong holiday return. With fresh paint, new kitchen and appliances, carpets and tiles - this is definitely one of the most popular apartments in Rainbow Commodore.

FURTHER ATTRIBUTES

- The building has just had a complete repaint
- A healthy sinking fund
- Underground secure car park
- Rear access to Eden Ave allowing for easy beach access

Rainbow Commodore has extremely experienced onsite managers allowing peace of mind that your investment is in safe hands all year round. Rainbow Bay attracts families from all over the world every year with a large amount of return guests. Only a short walk into the heart of Coolangatta, twin towns club, surf clubs, restaurants & cafes this location can't get more convenient.

With investment returns going from strength to strength now is the time to secure your next property. If you have been looking for the right investment on the Southern Gold Coast, this fresh tenth floor apartment could quiet possibly have your name on it!

** THIS PROPERTY IS SOLD UNFURNISHED **

Property History for 1003/255-261 Boundary St, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$640,000
23 Dec 2016
  • 23 Dec 2016
    Sold for $640,000
  • 17 Oct 2016
    Listed for Sale $660,000
  • 07 Mar 2013
    Sold for $465,000
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About Coolangatta 4225

The size of Coolangatta is approximately 1.8 square kilometres. It has 8 parks covering nearly 16.5% of total area. The population of Coolangatta in 2016 was 5948 people. By 2021 the population was 6491 showing a population growth of 9.1% in the area during that time. The predominant age group in Coolangatta is 60-69 years. Households in Coolangatta are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coolangatta work in a professional occupation.In 2021, 55.70% of the homes in Coolangatta were owner-occupied compared with 48.20% in 2016.

Coolangatta has 6,368 properties. Over the last 5 years, Houses in Coolangatta have seen a 126.14% increase in median value, while Units have seen a 94.54% increase. As at 31 December 2025:

  • The median value for Houses in Coolangatta is $2,161,674 while the median value for Units is $1,346,507.
  • Houses have a median rent of $750 while Units have a median rent of $805.
There are currently 46 properties listed for sale, and 59 properties listed for rent in Coolangatta on OnTheHouse. According to Cotality's data, 332 properties were sold in the past 12 months in Coolangatta.

Suburb Insights for Coolangatta 4225

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.