FOR SALE
High $500,000's

18 Ferntree Street
Kirwan QLD 4817

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Excellent Investment Opportunity in Kirwan!

Seize the chance to invest in a highly desirable duplex located in the thriving suburb of Kirwan. This well-maintained duplex, featuring two separate units, is an ideal addition to any investor's portfolio.
Property Highlights:
• Prime Location: Situated directly close to local schools, this duplex is just a short walk from local shops, ensuring convenience and strong rental demand.
• Attractive Returns: Currently generating a combined rental income of $730 per week, this property offers solid returns in a growing area.
• Functional Layout: Each side of the duplex includes 2 bedrooms, a single bathroom, and single car accommodation, providing ample space for tenants.
• Privacy and Space: The units feature individual fenced yards, enhancing privacy and creating a more appealing living environment for tenants.
• Investment Potential: With very low vacancy rates and a strategic location, this property represents a positive investment opportunity and is well worth an inspection.
Don't miss out on this opportunity to secure a promising investment in a rapidly developing area

Property Details for 18 Ferntree St, Kirwan

18 Ferntree St, Kirwan is a 4 bedroom, 2 bathroom DuplexSemi-detached with 2 parking spaces. The place is currently for sale with Professionals townsville.

Building Type
DuplexSemi-detached

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About Kirwan 4817

The size of Kirwan is approximately 11.5 square kilometres. It has 17 parks covering nearly 13.1% of total area. The population of Kirwan in 2011 was 21,771 people. By 2016 the population was 21,414 showing a population decline of 1.6% in the area during that time. The predominant age group in Kirwan is 10-19 years. Households in Kirwan are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Kirwan work in a professional occupation. In 2011, 59.5% of the homes in Kirwan were owner-occupied compared with 60.7% in 2016.

Kirwan has 8,970 properties. Over the last 5 years, Houses in Kirwan have seen a 75.46% increase in median value, while Units have seen a 60.77% increase. As at 30 September 2024:

  • The median value for Houses in Kirwan is $524,535 while the median value for Units is $367,419.
  • Houses have a median rent of $500 while Units have a median rent of $380.
There are currently 34 properties listed for sale, and 47 properties listed for rent in Kirwan on OnTheHouse. According to CoreLogic's data, 557 properties were sold in the past 12 months in Kirwan.

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Suburb Insights for Kirwan 4817

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Suzy Spilsbury
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Professionals townsville
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