FOR SALE
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Amaroo Street
Archerfield QLD 4108

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 607m2
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AMAZING ARCHERFIELD OPPORTUNITY ON AMAROO!

This low maintenance, low set, fully tenanted block of three two-bedroom units will suit a range of buyer needs. Perfect buy for parents to rent back to their children; jump into the property market and buy with your siblings; live in one and rent the other two out; or add to your property portfolio or Self-Managed Super fund. Whatever your needs, income producing properties like this one are highly sought after.
Currently the property is fully rented:
Unit 1 - $410 per week until May 2025
Unit 2 - $410 per week until June 2025
Unit 3 - $395 per week until November 2024
- $1,215 per week
- Annual Return - $63,180
BCC Rates: $918.10 per quarter
The fully fenced landscaped block of units, sits on 607 square metres in a quiet residential street in Archerfield. The block is close to public transport and only 12 km from the CBD. QEII Hospital and Griffith University are only a short 5-minute drive away, with 10 minutes to Garden City shopping centre. This location meets all the criteria for prospective tenants.
All 3 are neat and tidy with updated bathrooms, air-conditioning, ceiling fans, separately metered electricity, remote control operated roller-doors. Unit 3 has a separate enclosed courtyard.
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Property Details for 1-3/17 Amaroo St, Archerfield

1-3/17 Amaroo St, Archerfield is a 6 bedroom, 3 bathroom BlockOfUnits with 3 parking spaces. The property has a land size of 607m2. The place is currently for sale with LJ Hooker Annerley | Yeronga.

Building Type
BlockOfUnits
Land Size
607m2

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About Archerfield 4108

The size of Archerfield is approximately 4.4 square kilometres. It has 4 parks covering nearly 0.6% of total area. The population of Archerfield in 2011 was 510 people. By 2016 the population was 530 showing a population growth of 3.9% in the area during that time. The predominant age group in Archerfield is 20-29 years. Households in Archerfield are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Archerfield work in a trades occupation. In 2011, 53.1% of the homes in Archerfield were owner-occupied compared with 59.3% in 2016.

Archerfield has 606 properties. Over the last 5 years, Houses in Archerfield have seen a 93.00% increase in median value, while Units have seen a 54.00% increase. As at 31 October 2024:

  • The median value for Houses in Archerfield is $715,071 while the median value for Units is $495,537.
  • Houses have a median rent of $573 while Units have a median rent of $250.
There are currently 5 properties listed for sale, and 14 properties listed for rent in Archerfield on OnTheHouse. According to CoreLogic's data, 23 properties were sold in the past 12 months in Archerfield.

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Jane Elvin
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Josephine Elvin
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LJ Hooker Annerley | Yeronga
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