17 Cherry Hill Cres, Parkwood is a 5 bedroom, 4 bathroom House with 4 parking spaces and was built in 2011. The property has a land size of 677m2 and floor size of 242m2. While the property is not currently for sale or for rent, it was last sold in August 2011.
This large family home located in a quiet cul-de-sac will appeal to a growing or extended family or an investor looking for immediate returns.
Very well maintained and perched high on a hill in Parkwood with impressive views, this property is within walking distance of Griffith University and the Gold Coast University Hospital and just a short drive to the beautiful Gold Coast beaches and all services.
With tenants currently in place on short term leases, the property has the potential to generate in excess of $50,000 per annum. The fortunate new owner has the choice to continue with the current tenancies whilst living on site or bring the family to enjoy the Gold Coast lifestyle..
The size of Parkwood is approximately 5.6 square kilometres. There are 7 parks, covering nearly 20.3% of the total area. The population of Parkwood in 2016 was 8702 people. By 2021 the population was 8837 showing a population growth of 1.6% in the area during that time. The predominant age group in Parkwood is 20-29 years. Households in Parkwood are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parkwood work in a professional occupation.In 2021, 68.60% of the homes in Parkwood were owner-occupied compared with 66.90% in 2016.
Parkwood has 3,116 properties. Over the last 5 years, Houses in Parkwood have seen a 76.29% increase in median value, while Units have seen a 80.92% increase. As at 31 July 2026:
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