42 The Sovereign Mile, Paradise Point, QLD 4216 | Property Value & History | OnTheHouse
OFF MARKET

42 The Sovereign Mile
Paradise Point QLD 4216

Bedrooms: 5
Bathrooms: 4
Car spaces: 3
Floor area: 719m2
Land area: 807m2
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Property Details for 42 The Sovereign Mile, Paradise Point

42 The Sovereign Mile, Paradise Point is a 5 bedroom, 4 bathroom House with 3 parking spaces and was built in 2002. The property has a land size of 807m2 and floor size of 719m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
House
Year Built
2002
Floor Size
719m2
Land Size
807m2
Local Government
Gold Coast City
Lot/Plan
454/SP146790

Last Listing description (February 2026)

A marvel of relaxed luxury, this exquisite family haven is positioned on a premier canal block that enjoys magic views to the Broadwater.

Lavishly constructed, no expense has been spared in the creation of this ultimate family estate. Spanning 3 levels of luxury; space and light are abundant in a flowing, well-conceived design that incorporates the ultimate in entertaining spaces, expansive living areas & opulent bedrooms.

Enjoy enviable boating facilities that include a protected pontoon, a wide turning basin and immediate bridge-free access.

This truly superb abode has been crafted to embrace the ultimate Gold Coast lifestyle.

Sprawling living spaces on main level include casual & formal living areas
Secluded billiard room with bar & media room on upper level
4 large bedrooms, 4 bathrooms
Opulent master with spectacular ensuite
Separate street fronting office with private access
Soaring voids & cutting edge finishes
Waterside pool with heated spa
Unique expansive sheltered garden and entertaining areas
Wine room, fireplace, room for lift
Protected pontoon, bridge-free access

Property History for 42 The Sovereign Mile, Paradise Point, QLD 4216

A timeline of how this property has performed in the market
Last Sold
$3,575,000
02 Sep 2024
Listed for Rent
$260/w
22 Mar 2017
  • 02 Sep 2024
    Sold for $3,575,000
  • 01 Nov 2022
    Listed for Sale $5,250,000 Negotiable
  • 18 Apr 2018
    Sold for $1,900,000
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About Paradise Point 4216

The size of Paradise Point is approximately 4.1 square kilometres. There are 9 parks, covering nearly 10.8% of the total area. The population of Paradise Point in 2016 was 6536 people. By 2021 the population was 7062 showing a population growth of 8.0% in the area during that time. The predominant age group in Paradise Point is 60-69 years. Households in Paradise Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Paradise Point work in a professional occupation.In 2021, 72.00% of the homes in Paradise Point were owner-occupied compared with 65.70% in 2016.

Paradise Point has 4,438 properties. Over the last 5 years, Houses in Paradise Point have seen a 61.45% increase in median value, while Units have seen a 77.78% increase. As at 30 June 2026:

  • The median value for Houses in Paradise Point is $2,256,559 while the median value for Units is $1,397,878.
  • Houses have a median rent of $1,150 while Units have a median rent of $750.
There are currently 92 properties listed for sale, and 6 properties listed for rent in Paradise point on OnTheHouse. According to Cotality's data, 237 properties were sold in the past 12 months in Paradise point.

Suburb Insights for Paradise Point 4216

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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.