FOR SALE
Offers Over $220,000

2/41 O'Connell Street
Barney Point QLD 4680

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 123m2
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Fantastic Investment & Conveniently Located

Discover the perfect addition to your investment portfolio with this charming low set brick unit, ideally located at 2/41 O'Connell Street, Barney Point. This delightful property presents a low maintenance and low-risk opportunity for savvy investors or an excellent choice for first-time buyers eager to enter the property market.
- The heart of the home is open plan design with kitchen, dining, and living area, positioned for ease of living and comfort.
- The solid build offers two well-sized bedrooms and one bathroom, catering to the needs of small families or professional couples.
- For convenience, there is a separate laundry room with direct access to the courtyard.
- The outside space does not disappoint with a spacious undercover carport accompanied by a handy storage shed – perfect for keeping your belongings safe and secure.
- Location is paramount, and this unit doesn't disappoint; it sits directly opposite the Yaralla Sports Club, offering a plethora of recreational activities right on your doorstep.
- Furthermore, the Toolooa Street Shopping Complex is a mere three-minute stroll away, hosting essential amenities including a Post Office, Chemist, Coffee Shops, and an assortment of boutique stores.
In summary, this property offers:
- Rental Yield: 7.09% – a strong return for investors
- An unbeatable location opposite Yaralla Sports Club
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Property Details for 2/41 O'Connell St, Barney Point

2/41 O'Connell St, Barney Point is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 123m2 and floor size of 103m2. The place is currently for sale with Locations Estate Agents.

Building Type
Unit
Year Built
1970
Floor Size
103m2
Land Size
123m2

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About Barney Point 4680

The size of Barney Point is approximately 3.3 square kilometres. It has 6 parks covering nearly 6.5% of total area. The population of Barney Point in 2011 was 1,155 people. By 2016 the population was 1,102 showing a population decline of 4.6% in the area during that time. The predominant age group in Barney Point is 50-59 years. Households in Barney Point are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Barney Point work in a trades occupation. In 2011, 47.5% of the homes in Barney Point were owner-occupied compared with 47.8% in 2016.

Barney Point has 745 properties. Over the last 5 years, Houses in Barney Point have seen a 126.94% increase in median value, while Units have seen a 115.19% increase. As at 30 November 2024:

  • The median value for Houses in Barney Point is $383,567 while the median value for Units is $273,115.
  • Houses have a median rent of $415 while Units have a median rent of $360.
There are currently 13 properties listed for sale, and 8 properties listed for rent in Barney point on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Barney point.

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