701/1 Petrie St, Coolangatta is a 3 bedroom, 3 bathroom Unit. The property has a land size of 240m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom Unit sold in Coolangatta in the last 12 months.
Sold off-market by Kerry Pezet and Mitchell Lambert, Residence 701 in Flow was secured by a local buyer from our qualified buyer network, reflecting the strength of Pezet Matheson's local relationships and our ability to connect the right residence with the right buyer without the need for a public campaign.Positioned within one of Rainbow Bay's most tightly held boutique addresses, this expansive Level 7 residence captures the scale, privacy and refinement that have made Flow one of the southern Gold Coast's most recognised beachfront buildings.Spanning 241m in total, the floor plan comprises three bedrooms, three bathrooms, a powder room and generous open-plan living, with a seamless connection to a broad entertaining balcony designed to take full advantage of its elevated coastal setting.Flow's architecture is defined by its soft curves, refined materiality and deep connection to the beachfront lifestyle of Rainbow Bay. Residents enjoy access to a private ground-floor club level, complete with a pool and recreation deck, dining and entertaining spaces, wine cellar, gym, wellness facilities and surfboard storage, all within footsteps of Greenmount, Rainbow Bay and the world-famous Snapper Rocks point break.
The size of Coolangatta is approximately 1.8 square kilometres. There are 8 parks, covering nearly 16.5% of the 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 6,484 properties. Over the last 5 years, Houses in Coolangatta have seen a 82.09% increase in median value, while Units have seen a 71.67% increase. As at 31 May 2026:
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