FOR SALE
OFFERS OVER $699,000

16 Lycoris Street
Crestmead QLD 4132

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 600m2
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PRICE REDUCED, MUST BE SOLD!

Welcome to 16 Lycoris Street, Crestmead-a fantastic investment opportunity with a solid return. This 4-bedroom, 1-bathroom home is currently rented at $550 per week until October next year, with long-term tenants in place who have clearly made this property their own.
For investors, this means immediate rental income and peace of mind knowing your investment is well cared for.
The property itself is designed for comfortable living, with ceiling fans throughout and air-conditioning in the main living area. The four bedrooms all feature built-in robes, offering ample storage and keeping the rooms tidy and organised.
The open-plan layout of the kitchen, dining, and living areas creates a welcoming atmosphere, perfect for modern tenants who value both space and functionality.
Investors will appreciate the steady income stream from this well-maintained property, as well as its location in a popular and growing suburb. Crestmead offers easy access to local schools, parks, and shopping centres, making it an attractive option for tenants.
Key Features:
-Currently rented at $550 per week until October 2025 on fixed lease
-Long-term tenants in place
-Ceiling fans throughout
-Air-conditioning in the main living area
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Property Details for 16 Lycoris St, Crestmead

16 Lycoris St, Crestmead is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 600m2. The place is currently for sale with Ray White Marsden.

Building Type
House
Land Size
600m2

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About Crestmead 4132

The size of Crestmead is approximately 6.8 square kilometres. It has 17 parks covering nearly 14.4% of total area. The population of Crestmead in 2011 was 11,209 people. By 2016 the population was 12,152 showing a population growth of 8.4% in the area during that time. The predominant age group in Crestmead is 0-9 years. Households in Crestmead are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Crestmead work in a labourer occupation. In 2011, 57.4% of the homes in Crestmead were owner-occupied compared with 53.8% in 2016.

Crestmead has 4,411 properties. Over the last 5 years, Houses in Crestmead have seen a 108.53% increase in median value, while Units have seen a 93.81% increase. As at 31 August 2024:

  • The median value for Houses in Crestmead is $657,741 while the median value for Units is $579,235.
  • Houses have a median rent of $530 while Units have a median rent of $410.
There are currently 12 properties listed for sale, and 15 properties listed for rent in Crestmead on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Crestmead.

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Cory Boyd
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Jordan Kempster
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Ray White Marsden
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