Sovereign Islands, Queensland

Sovereign Islands is a gated community within the suburb of Paradise Point on the Gold Coast in Queensland, Australia.

Sovereign Islands
Gold Coast, Queensland
Postcode(s)4216
Location
LGA(s)City of Gold Coast
State electorate(s)Broadwater
Federal Division(s)Fadden

Sovereign Islands are located toward the northern end of the Gold Coast and are connected to Paradise Point by bridge. The prestigious island is made up of luxury homes with deepwater moorings and direct ocean access for the boating enthusiasts. Sovereign Islands is one of the most expensive areas in the country with some homes in excess of 20 million dollars. Many houses do not slide under the two million dollar mark. The area is protected by South Stradbroke Island which lies off the coast.

The GFC had hit the Sovereign Islands In 2011 with several properties selling well below prices recorded in previous years[1][2][3] Sovereign Islands Is freehold property, however, the residents pay a gate levy fee of approximately $2600 per annum for security and parks. The roads are paved with brick, and street lights and palm trees line the expansive street scapes.

References
  1. "Gold Coast mortgagee sales hitting top end". www.theaustralian.com.au. 22 October 2010.
  2. "Work stops on Sovereign Island mansions". www.couriermail.com.au. 22 October 2011.
  3. "Australia's mansion mile up for sale". NewsComAu. 3 January 2014.

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