FOR SALE
Offers Over $399,000

5/592 Sandgate Road
Clayfield QLD 4011

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Two Studio Units Returning Combined $810 per week!

Gross Yield 10% plus in one of the city's most highly sought-after suburbs!
The property features two self-contained studio apartments, each designed with functionality in mind. Currently delivering a combined weekly rental return of $810, this investment promises impressive cash flow.
An unmatched opportunity where consistent returns meet exceptional growth potential, making it a must-have addition to any investor's portfolio. Don't miss your chance to secure this fantastic property today!
Notable Features
-Two generously proportioned ground floor studio apartments
-Impressive combined weekly rental income $810 per week
-Both units appointed with ensuite and kitchenette
-Well maintained complex
-Security intercom
-Pool
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Property Details for 5/592 Sandgate Rd, Clayfield

5/592 Sandgate Rd, Clayfield is a 2 bedroom, 2 bathroom Unit. The place is currently for sale with Coronis North.

Building Type
Unit

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About Clayfield 4011

The size of Clayfield is approximately 2.8 square kilometres. It has 4 parks covering nearly 1.6% of total area. The population of Clayfield in 2011 was 10,006 people. By 2016 the population was 10,585 showing a population growth of 5.8% in the area during that time. The predominant age group in Clayfield is 30-39 years. Households in Clayfield are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Clayfield work in a professional occupation. In 2011, 52.6% of the homes in Clayfield were owner-occupied compared with 52.4% in 2016.

Clayfield has 6,317 properties. Over the last 5 years, Houses in Clayfield have seen a 69.39% increase in median value, while Units have seen a 78.93% increase. As at 31 October 2024:

  • The median value for Houses in Clayfield is $1,898,988 while the median value for Units is $652,582.
  • Houses have a median rent of $625 while Units have a median rent of $528.
There are currently 65 properties listed for sale, and 33 properties listed for rent in Clayfield on OnTheHouse. According to CoreLogic's data, 324 properties were sold in the past 12 months in Clayfield.

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Alycia Hoffman
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Ireland Knowles
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Coronis North
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