5/162 Marine Parade, Coolangatta, QLD 4225 | Property Value & History | OnTheHouse
OFF MARKET

5/162 Marine Parade
Coolangatta QLD 4225

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 300m2
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Property Details for 5/162 Marine Pde, Coolangatta

5/162 Marine Pde, Coolangatta is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 300m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1967
Floor Size
89m2
Land Size
300m2
Local Government
Gold Coast City
Lot/Plan
5/BUP187

Last Listing description (August 2022)

Experience a truly magnificent beachfront lifestyle from this light filled (2) bedroom apartment, bathed in morning sunshine, overlooking the beautiful Rainbow Bay beach.

Please scroll down to DETAILS for financials.

KEY FEATURES:

- Open plan tiled living
- Separate dining zone
- Good size oceanfront balcony
- Galley style kitchen w/dishwasher
- Bedrooms 1 & 2 with built in robes & command ocean views
- Lock up garage (2M high roller door) plus storage cupboard for boards etc
- Pool in complex
- Lift access to each level
- Being offered furnished

DETAILS:

Body Corporate - $148 per week (approx)
Rates - $1,261.36 per half year
Water Rates - $320.45 per quarter year
Market Rent (Permanent) - in the vicinity of $750 per week
Market Tariffs (Holiday) - from $130-$320 per night (please refer to our specialised holiday division www.goldcoastholidayhomes.com.au or the agent for advice)
Complex - comprises of 19 apartments over 7 levels aloft a prime 1088m2 beachfront allotment

LOCATION:

Rainbow Pacific' has pole position overlooking the beach and a short stroll around to Rainbow Bay's cruisy caf precinct, Greenmount & Rainbow Surf Clubs and a few minutes' walk to Coolangatta CBD & Tweed Centro Shopping Centre.

For surfers & bathers, you don't have to look no further than right out your front door, to carve up one of the world best breaks and immerse yourself into safe patrolled swimming beaches.

The Gold Coast Airport & Southern Cross Uni are within (7) minutes from home, so you could fly in, rip into peeling right hand point breaks and travel home safely on the same day for roughly the cost of a tank of fuel!

AGENT'S COMMENTS:

This idyllic property was purchased off the plan by the family in the early '70's and has been a much-loved holiday haven for over 50 years.

The abode presents well and has had work done over time however, it also offers upside to those that may wish to transform further to the modern era if so desired.

You really can't get any closer to the surf action without getting wet, so paddle in and secure this hot property before the next tide rolls in!

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. DJ Stringer Property Services Pty Ltd and its staff will not be held responsible for any act or omission arising from the accuracy of such material. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. Such enquiries should include, but in no way limited & directed, to your legal representative, any local authorities, the Contract of Sale and in the event of a Unit, Strata Title or Community Title, refer to the Body Corporate, Community Management Statement & Disclosure Statement for any information on the property, Common Property & Exclusive use areas, that may directly or indirectly affect this property.

Property History for 5/162 Marine Pde, Coolangatta, QLD 4225

A timeline of how this property has performed in the market
Last Sold
$1,300,000
19 Jul 2022
  • 19 Jul 2022
    Sold for $1,300,000
  • 14 Jul 2022
    Listed for Sale UNDER CONTRACT
  • 22 Feb 1990
    Sold for $140,000
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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 6,357 properties. Over the last 5 years, Houses in Coolangatta have seen a 98.91% increase in median value, while Units have seen a 75.82% increase. As at 31 March 2026:

  • The median value for Houses in Coolangatta is $2,078,251 while the median value for Units is $1,366,279.
  • Houses have a median rent of $1,175 while Units have a median rent of $795.
There are currently 59 properties listed for sale, and 27 properties listed for rent in Coolangatta on OnTheHouse. According to Cotality's data, 331 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.