Most eye-candy properties in Gladstone take advantage of water views: HTW residential

Most eye-candy properties in Gladstone take advantage of water views: HTW residential
Staff reporterNovember 29, 2019

The residential market in the Gladstone region has stabilised over recent years after a very volatile patch, according to the latest Herron Todd White (HTW) residential report. 

The HTW report notes since the beginning of the year there has been limited sales activity of homes on standard residential lots over the $600,000 price point and unit sale prices top out at just over $200,000.

The city of Gladstone is the largest multi- commodity shipping port in Queensland so as a consequence most eye-candy property in the region takes advantage of water views.

"Tannum Sands and Boyne Island are two localities situated on the coast to the south of central Gladstone and seem to have the majority of 2019 residential home sales at the upper end of the market.

"One property worthy of note in this location is 5 Di Street, Tannum Sands (pictured below) which has frontage to the Boyne River and sold in July 2019 for $750,000," the valuation firm said. 

The property offers uninterrupted river views from a two storey, four-bedroom, three- bathroom modern home with an inground pool.

"When considering eye-candy residential property in Gladstone, it is difficult to go past 2 Parksville Drive, New Auckland," the valuation firm said. 

This modern resort style home won the CQ Master Builders Housing and Construction Awards 2013 for best individual home and swimming pool, outdoor living and landscaping prizes.

Owned by a local builder, the property sold for $1.04 million in May 2019.

Located on a 2,806 square metre block, the architecturally designed home offers four bedrooms, three bathrooms, state of the art kitchen, butler’s pantry, sound proof media room, relaxing urban views over the L-shaped pool and a 165 square metre shed with kitchen, bathroom and mezzanine floor.

The report notes 2019 prestigious unit sales only include a luxurious penthouse apartment in the Aspex complex which sold in April 2019 for $810,000. This is a significant reduction from the previous sale in 2011 at $1.4 million.

The modern apartment offers 302 square metres with four bedrooms, three bathrooms and a sky terrace with views of Auckland Creek Inlet and the Gladstone Marina.

The top end price listing has to be 6 Cormorant Close, South Gladstone (pictured below) with a list price of offers over $1.4 million.

The property has been on the market since May 2019 and is significantly discounted from its previous sale price in 2015 of $1.84 million.

Having a land area of 1,151 square metres, this architecturally designed home offers six bedrooms and three bathrooms over six different levels and three outside entertaining areas.

An L-shaped pool including 12.5 metre lap pool and waterfall blade is also a feature.

Boasting ocean and bush views the home also offers a custom designed art room with 100-year-old recycled timber flooring, gymnasium, wine cellar and mud room.

Internal size is advertised as 672 square metres.

"You had me at wine cellar!" the valuation firm commented. 

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