FOR SALE
Offers Over $600,000

5/12 Mclay Street
Coorparoo QLD 4151

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Perfect first home in the heart of Coorparoo!

Nestled on the top floor of a boutique complex with only six residences, this inviting apartment offers a fantastic opportunity for first-time buyers, savvy investors, or those looking to downsize.
Complex of 6 units,
Located 5 km from Brisbane CBD,
Rental Appraisal of $550 - $625 per week,
Body Corporate Fees of $1,274.40 per qtr,
Brisbane City Council Rates of $409.50 per qtr.
This spacious two-bedroom apartment features a beautifully updated bathroom, complete with a shower-over-bath and integrated laundry, as well as brand new carpet throughout. The air-conditioned open-plan living, dining, and kitchen areas flow seamlessly to a private balcony surrounded by lush, leafy greenery, creating a peaceful outdoor retreat.
Both bedrooms come with built-in wardrobes for added convenience. Access to the apartment is through a secure entry with intercom, and a unique benefit is that the shared area outside your apartment remains private. The garage also includes extra space, ideal for storage.
Located just a short five-minute stroll from the vibrant Coorparoo Square, you'll enjoy convenient access to a range of shops, dining options, cafes, cinemas, and essential services. This apartment offers the perfect balance of suburban tranquility and proximity to all the essentials.
With low body corporate fees and strong rental potential, this property is an outstanding choice in a sought-after location.
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Property Details for 5/12 Mclay St, Coorparoo

5/12 Mclay St, Coorparoo is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Coronis Inner South.

Building Type
Apartment

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About Coorparoo 4151

The size of Coorparoo is approximately 5.4 square kilometres. It has 31 parks covering nearly 10.1% of total area. The population of Coorparoo in 2011 was 14,944 people. By 2016 the population was 16,284 showing a population growth of 9.0% in the area during that time. The predominant age group in Coorparoo is 20-29 years. Households in Coorparoo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coorparoo work in a professional occupation. In 2011, 52.7% of the homes in Coorparoo were owner-occupied compared with 52.1% in 2016.

Coorparoo has 9,781 properties. Over the last 5 years, Houses in Coorparoo have seen a 78.23% increase in median value, while Units have seen a 89.53% increase. As at 31 October 2024:

  • The median value for Houses in Coorparoo is $1,616,708 while the median value for Units is $713,168.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 42 properties listed for sale, and 26 properties listed for rent in Coorparoo on OnTheHouse. According to CoreLogic's data, 440 properties were sold in the past 12 months in Coorparoo.

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Solomon Michael
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Coronis Inner South
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