Sovereign Islands, Queensland

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Sovereign Islands
Gold Coast,  Queensland
Sovereign Island (Huge Homes with Big Boats) - panoramio.jpg
Sovereign Islands
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Sovereign Islands
Coordinates 27°52′25″S153°24′20″E / 27.8736°S 153.4056°E / -27.8736; 153.4056 (Sovereign Islands)
Postcode(s) 4216
Location
LGA(s) City of Gold Coast
State electorate(s) Broadwater
Federal division(s) Fadden

The Sovereign Islands are an island group in the Southport Broadwater in southern Moreton Bay within the suburb of Paradise Point in the City of Gold Coast, Queensland, Australia. [1] They were formed by a canal real estate development of the former Andys Island and Griffin Island. [1]

Contents

Geography

Sovereign Islands are six interconnected islands located toward the northern end of the Southport Broadwater. A bridge connects Paradise Point's island group to the mainland. The islands is protected from the Pacific Ocean by South Stradbroke Island which lies to the east. [2]

History

Commencing in 1988, two low mangrove islands, Andys Island and Griffin Island, were redeveloped by Lewis Land Corporation to create a six-island group for a gated community of canal home sites with deepwater moorings and direct access to Moreton Bay. 140,000 cubic metres (4,900,000 cu ft) of sand was pumped to create the islands and their navigable waterways. [3] Andys Island and Griffin Island were thought to be named after local oystermen. The names of the former islands were replaced with the name Sovereign Islands in the official place names of Queensland on 16 February 1987, despite one objection to the loss of the historic names. [4]

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.[ citation needed ] The Global Financial Crisis impacted on real estate prices on the Sovereign Islands. In 2011 several properties sold well below prices recorded in previous years. [5] [6] [7]

Amenities

Sovereign Islands Is freehold property, however, the residents pay a gate levy fee of approximately $2600 per annum for security and parks.[ when? ] The roads are paved with brick, and street lights and palm trees line the expansive street scapes.[ citation needed ]

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References

  1. 1 2 "Sovereign Islands – island group in the City of Gold Coast (entry 31576)". Queensland Place Names. Queensland Government . Retrieved 10 September 2020.
  2. ↑ "Queensland Globe". State of Queensland . Retrieved 10 September 2020.
  3. ↑ "Sovereign Islands, Paradise Point". Burchills Engineering Solutions. Archived from the original on 9 March 2020. Retrieved 10 September 2020.
  4. ↑ "Item ID2891959, Queensland Place Names Act 1981 - Approval of Place Names and Omission of Place Names. - Mr W.H. Glasson, 16 February 1987". Queensland State Archives . Retrieved 10 September 2020.
  5. ↑ "Gold Coast mortgagee sales hitting top end". www.theaustralian.com.au. 22 October 2010.
  6. ↑ "Work stops on Sovereign Island mansions". www.couriermail.com.au. 22 October 2011.
  7. ↑ "Australia's mansion mile up for sale". NewsComAu. 3 January 2014. Archived from the original on 25 November 2018. Retrieved 20 May 2019.
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