37/31 Simpsons RoadElanora QLD 4221
Property Details for 37/31 Simpsons Rd, Elanora
Last Listing description (January 2021)
This one ticks all the boxes for astute investors. Location is in trendy Elanora, just 3 kms down to the beautiful Gold Coast beaches, passing both motorways & The Pines Shopping Centre, schools and parks on the way. But set up high in the hills, surrounded by bush and wild life with the peace & tranquility that goes with living in the country. With a tenant in place at $390 a week, all the hard work is done. On-site managers mean it will be an investment to get & forget as it increases in value with the suburb undergoing great growth & development as the population for the area meets predicted significant increases.
The lounge is large enough for two 3 seaters and any size dining table fits in the dining area, also overlooking the bush. The two bedrooms are good sized. The smaller is still a double room with a double built in wardrobe. The large master bedroom has a walk-in wardrobe which walks through to a two way bathroom with bath. Separate toilet & separate laundry has appeal. Townhouse is very private and has paved / grassed area out the back door.
The complex features two swimming pools, two BBQ areas and a tennis court. It is on a very large block of land so no congestion for parking etc. If you're looking for a solid investment, for a low outlay, with a high rental return, great growth potential, in a bushy quiet location close to the beach, look no further!
Features:
Two bedrooms. Master bedroom has walk in robe and adjoining two-way bathroom with bath. Second bedroom has double built in wardrobe.
Open plan, light filled living and dining areas
Double garage with bi fold doors to make 2 separate rooms
Solar panels - Saving hundreds of dollars on electricity each year
Nearly new Air-conditioner and Ceiling fans
Recently laid new carpet
Private paved courtyard Complex has two tennis courts, 2 BBQ areas & a tennis court
-Low Cost Corporate Levies (Approx $60 a week)
- Onsite Managers
(3913825)
Property History for 37/31 Simpsons Rd, Elanora, QLD 4221
- 28 Nov 2020Sold for $310,000
- 01 May 2020Listed for Sale $329 000
- 22 Jul 2017Sold for $303,500
Recent sales nearby
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About Elanora 4221
The size of Elanora is approximately 8.9 square kilometres. It has 25 parks covering nearly 16.0% of total area. The population of Elanora in 2016 was 12145 people. By 2021 the population was 12539 showing a population growth of 3.2% in the area during that time. The predominant age group in Elanora is 40-49 years. Households in Elanora are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Elanora work in a professional occupation.In 2021, 80.50% of the homes in Elanora were owner-occupied compared with 78.20% in 2016.
Elanora has 5,000 properties. Over the last 5 years, Houses in Elanora have seen a 97.54% increase in median value, while Units have seen a 100.75% increase. As at 31 December 2025:
- The median value for Houses in Elanora is $1,541,351 while the median value for Units is $851,281.
- Houses have a median rent of $1,000 while Units have a median rent of $820.
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