8/12 Coolgardie Street, Elanora, QLD 4221 | Property Value & History | OnTheHouse
 
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8/12 Coolgardie Street
Elanora QLD 4221

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 70m2
Land area: 756m2
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Property Details for 8/12 Coolgardie St, Elanora

8/12 Coolgardie St, Elanora is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 756m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1990
Floor Size
70m2
Land Size
756m2
Local Government
Gold Coast City
Lot/Plan
8/BUP10010

Last Listing description (October 2019)

There are some clear financial benefits to investing in dual income properties and it continues to be a popular investment strategy for Australian investors.
Dual income properties offer the flexibility to homeowners who choose to reside in one property while utilising the rent received from the other to assist with mortgage payments.
Owners have the ability to create two income streams by way of two living spaces under separate permanent rental or short term holiday agreement.

This property offers high rental yields to attract smart investors looking for strong cash flow. For investors or home owners seeking finance this looks great from a lenders perspective.
A kitchenette has been added to the studio side to maximise the net rental return of approximately 5%.
Unit 8: Separate bedroom, one bathroom, Modern kitchen and spacious living area.
Unit 8A: Studio unit with sleeping and living area combined, modern kitchenette, and separate bathroom.
Other features include:
* Fully furnished
* Security screens
* Air Conditioning in both 8 and 8A
* Stunning water views just a short stroll away from each unit
* Tropical surroundings with lush gardens
* Licensed bar
* BBQ facilities
* Lagoon style pool
* Spa
* Games Room
* Ample visitor parking
Being located in the beautiful Bay of Palms complex allows direct water access to the Pines Lake.
Located just a short walk to the upgraded and expanded Pines Shopping Centre featuring major supermarkets, banking facilities, medical, news agency, post office and many other specialty shops.
The popular Currumbin Estuary and the RSL Club, are all within walking range as well as being only 1.5km to popular local Currumbin and Palm Beach swimming holes, parks and award winning Gold Coast Beaches.
There is also an excellent on site Management team that keep the complex excellently and professionally maintained.
This unit configuration provides a relaxing lifestyle along with the option of income, choose what suits you best.
Call now to arrange your private viewing.
Open for Inspection By Appointment

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Property History for 8/12 Coolgardie St, Elanora, QLD 4221

A timeline of how this property has performed in the market
Last Sold
$515,000
06 Aug 2022
  • 06 Aug 2022
    Sold for $515,000
  • 05 Aug 2019
    Sold for $285,000
  • 15 May 2019
    Listed for Sale $280,000
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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 5,002 properties. Over the last 5 years, Houses in Elanora have seen a 90.90% increase in median value, while Units have seen a 103.28% increase. As at 30 November 2025:

  • The median value for Houses in Elanora is $1,508,682 while the median value for Units is $856,817.
  • Houses have a median rent of $1,000 while Units have a median rent of $820.
There are currently 22 properties listed for sale, and 9 properties listed for rent in Elanora on OnTheHouse. According to Cotality's data, 230 properties were sold in the past 12 months in Elanora.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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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.

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