FOR SALE
Offers Over $479,000

1/402 Alderley Street
Kearneys Spring QLD 4350

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Spacious and Low-Maintenance Living in Kearneys Spring

Discover the ideal blend of space, comfort, and convenience with this large unit in a well-maintained duplex, located in the heart of Kearneys Spring. Unit 1, 402 Alderley Street, offers modern living for investors or downsizers seeking a stress-free lifestyle.
This inviting unit boasts three generously sized bedrooms, all equipped with built-ins and ceiling fans. The master bedroom is a retreat of its own, featuring a walk-in robe, ensuite, and access to the outdoor courtyard. The spacious family bathroom comes complete with a separate bath and shower, complemented by a separate toilet for added convenience.
At the heart of the home is a large kitchen with electric cooking, a dishwasher, and ample bench and cupboard space. It overlooks the open-plan living and dining area, which includes a ceiling fan and air-conditioning, ensuring year-round comfort. The living space opens to a private courtyard, perfect for entertaining guests or enjoying quiet moments.
Practicality meets convenience with an internal laundry, a huge amount of storage throughout, and an internal lock-up remote garage for peace of mind. Security screens are installed throughout the property for added safety, and the low-maintenance design makes it ideal for busy professionals or investors looking for a hassle-free investment.
This unit offers everything needed for comfortable, modern living with close proximity to local shops, cafes, schools, and parks, this is an investment opportunity not to be missed.
Rent appraised: $475 per week (subject to market conditions)
Last rent increase: 25 April 2024 at $420 per week.
Insurance: $2,150.00 per year (shared between the two properties)
General rates: approx. $1,155.18 net per half year
Water rates: approx. $335.75 net per half year plus consumption
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Property Details for 1/402 Alderley St, Kearneys Spring

1/402 Alderley St, Kearneys Spring is a 3 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with RE/MAX Success.

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About Kearneys Spring 4350

The size of Kearneys Spring is approximately 6.5 square kilometres. It has 22 parks covering nearly 15.1% of total area. The population of Kearneys Spring in 2011 was 7,347 people. By 2016 the population was 8,557 showing a population growth of 16.5% in the area during that time. The predominant age group in Kearneys Spring is 20-29 years. Households in Kearneys Spring are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kearneys Spring work in a professional occupation. In 2011, 51.6% of the homes in Kearneys Spring were owner-occupied compared with 49.1% in 2016.

Kearneys Spring has 4,761 properties. Over the last 5 years, Houses in Kearneys Spring have seen a 89.87% increase in median value, while Units have seen a 68.90% increase. As at 31 October 2024:

  • The median value for Houses in Kearneys Spring is $673,363 while the median value for Units is $440,681.
  • Houses have a median rent of $530 while Units have a median rent of $400.
There are currently 44 properties listed for sale, and 15 properties listed for rent in Kearneys spring on OnTheHouse. According to CoreLogic's data, 227 properties were sold in the past 12 months in Kearneys spring.

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