4/12 Coolgardie StreetElanora QLD 4221
Property Details for 4/12 Coolgardie St, Elanora
4/12 Coolgardie St, Elanora is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom Unit sold in Elanora in the last 12 months.
Last Listing description (November 2025)
Perfectly positioned within the popular Bay of Palms Resort, this unique dual-key property offers an exceptional investment opportunity or versatile lifestyle setup. Comprising two fully self-contained studio-style units connected by an internal door, Unit 4 & 4A provides flexibility for owner-occupiers, long-term investors, or those seeking a balance between consistent rental income and holiday letting potential.
Unit 4
Currently leased at $440 per week with a tenant in place until January, this modern studio includes a kitchenette, air conditioning, and direct access to the resort's amenities. A reliable return and minimal maintenance make it an easy, secure investment.
Unit 4A
Operating as a high-performing holiday rental, this studio offers strong returns with an average occupancy rate of 74.9% (October). Generating $180 per night on weekdays and $227 per night on weekends (with January rates averaging $340 per night), it presents a consistent source of short-term income. Featuring a kitchenette and private balcony overlooking the tranquil Pine Lake, it delivers the perfect Gold Coast getaway experience.
*Rates and pricing provided by the on-site management.
Property Features:
• Dual-key layout with interconnecting door for flexible use
• Two kitchenettes, ideal for independent living or guest stays
• Low-maintenance investment with dual income streams
• Body Corporate: $161.10 approx per week which includes Building Insurance
• On-Site Manager who looks after check in and out for holiday letting
• Prime location backing onto Pine Lake
• Walking distance to The Pines Shopping Centre, cafés, restaurants, and public transport
• Access to resort-style facilities including a swimming pool, BBQ areas, and on-site management
Whether you're seeking a high-yield investment or a lock-and-leave holiday base with income potential, this rare dual-key opportunity combines lifestyle and profitability in one of Elanora's most convenient and scenic locations.
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 4/12 Coolgardie St, Elanora, QLD 4221
- 30 Oct 2025Sold for $660,000
- 24 Oct 2025Listed for Sale SOLD BY SAM WATSON | TEAM GAVIN TREWIN COASTAL
- 18 Oct 2018Sold for $305,000
Recent sales nearby
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0About 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 5,002 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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