FOR SALE
For Sale

11 Mistral Crescent
Griffin QLD 4503

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
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GRAND INVESTMENT OPPORTUNITY! CURRENTLY RETURNING $850/WEEK!

Exceptional dual income investment opportunity offering a combined rental return of $850 per week, perfect for astute investors seeking steady cash flow. Rental potential is up to $920 per week.
Situated in a prime location, this property provides effortless access to an array of local amenities including highly regarded schools, expansive parks and major shopping centres. The convenience of nearby public transport and essential services further enhances the property's appeal ensuring strong tenant demand. With its strategic location and reliable rental income, this investment represents a valuable addition to any portfolio.
Unit 1:
* Currently rented at $450/week
* Lease end date: 19/03/2025
* Open plan living and dining area
* Air conditioning
* Ceiling fans
* Three spacious bedrooms with built-ins
* Two bathrooms
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Property Details for 11 Mistral Cres, Griffin

11 Mistral Cres, Griffin is a 4 bedroom, 3 bathroom House with 2 parking spaces. The place is currently for sale with LJ Hooker North Lakes | Mango Hill.

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House

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About Griffin 4503

The size of Griffin is approximately 17.2 square kilometres. It has 12 parks covering nearly 6.7% of total area. The population of Griffin in 2011 was 2,357 people. By 2016 the population was 6,830 showing a population growth of 189.8% in the area during that time. The predominant age group in Griffin is 20-29 years. Households in Griffin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Griffin work in a trades occupation. In 2011, 61.5% of the homes in Griffin were owner-occupied compared with 39.3% in 2016.

Griffin has 6,032 properties. Over the last 5 years, Houses in Griffin have seen a 77.13% increase in median value, while Units have seen a 93.56% increase. As at 31 October 2024:

  • The median value for Houses in Griffin is $856,170 while the median value for Units is $598,443.
  • Houses have a median rent of $620 while Units have a median rent of $550.
There are currently 44 properties listed for sale, and 13 properties listed for rent in Griffin on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Griffin.

Suburb Insights for Griffin 4503

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Chris Pascoe
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LJ Hooker North Lakes | Mango Hill
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.