Sovereign Islands, Queensland facts for kids
Quick facts for kids Sovereign IslandsGold Coast, Queensland |
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Sovereign Islands
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 Sovereign Islands
Location in Gold Coast, Australia
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| Postcode(s) | 4216 |
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| 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 next to South Stradbroke Island within the suburb of Paradise Point in the City of Gold Coast, Queensland, Australia. They were formed by a canal real estate development of the former Andys Island and Griffin Island.
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.
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. 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.
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 Global Financial Crisis impacted on real estate prices on the Sovereign Islands. In 2011 several properties sold well below prices recorded in previous years.
Amenities
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.
