FOR SALE
Offers Above $750,000

22 Gray Street
Carina QLD 4152

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 407m2
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Ideal Entry and Future Investment Opportunity in North Carina

Your chance to own this this affordable post-war home situated on a peaceful street in North Carina.
For savvy investors, the prime location is a standout feature, offering views of the newly opened Minnippi Park Golf Course. Currently occupied by excellent tenants and generating a steady income of $500 per week until 25 May 2025, this property is a solid investment.
Nestled in a 'Res A' zoned street, free from townhouse or unit developments, this property presents numerous possibilities. You can benefit from the current tenancy and land bank for the future or explore renovation and new build options as the area evolves.
Property Features:
- Current Rental Income: $500 per week until 25 May 2025
- Council Rates: Approximately $440 per quarter
- 3-bedroom post-war timber high-set home
- Hardwood timber floors
- Well-presented kitchen with dishwasher
- Combined open lounge and dining area
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Property Details for 22 Gray St, Carina

22 Gray St, Carina is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 407m2. The place is currently for sale with Tobin Real Estate.

Building Type
House
Land Size
407m2

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About Carina 4152

The size of Carina is approximately 4.5 square kilometres. It has 15 parks covering nearly 22.5% of total area. The population of Carina in 2011 was 10,301 people. By 2016 the population was 11,017 showing a population growth of 7.0% in the area during that time. The predominant age group in Carina is 30-39 years. Households in Carina are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carina work in a professional occupation. In 2011, 60.6% of the homes in Carina were owner-occupied compared with 61.9% in 2016.

Carina has 5,708 properties. Over the last 5 years, Houses in Carina have seen a 76.55% increase in median value, while Units have seen a 92.66% increase. As at 31 August 2024:

  • The median value for Houses in Carina is $1,117,490 while the median value for Units is $862,374.
  • Houses have a median rent of $695 while Units have a median rent of $670.
There are currently 34 properties listed for sale, and 11 properties listed for rent in Carina on OnTheHouse. According to CoreLogic's data, 291 properties were sold in the past 12 months in Carina.

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Pathrina Watson
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Craig Loudon
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Tobin Real Estate
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