FOR SALE
Under Contract

12/4-6 Olive Street
Manoora QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
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Investment Opportunity - Modern Complex - Central Location

Investment Opportunity: 2 Bedroom Apartment on 2nd Floor
Looking for a smart investment? This apartment on the second floor offers a solid rental return of $360 per week, with a lease secured until 7 July 2025.
Market rental appraisal is $391-$441 per week approx.
Key Features:
- Modern kitchen
- Private balcony
- Air-conditioning
- Undercover parking
- Separate lockable storage in car park.
- Convenient location near schools, shops, and public transport.
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Property Details for 12/4-6 Olive St, Manoora

12/4-6 Olive St, Manoora is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 82m2. The place is currently for sale with Twomey Schriber Property Group.

Building Type
Unit
Floor Size
82m2

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About Manoora 4870

The size of Manoora is approximately 2.2 square kilometres. It has 7 parks covering nearly 9.9% of total area. The population of Manoora in 2011 was 5,688 people. By 2016 the population was 6,032 showing a population growth of 6.0% in the area during that time. The predominant age group in Manoora is 0-9 years. Households in Manoora are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manoora work in a community and personal service occupation. In 2011, 34.8% of the homes in Manoora were owner-occupied compared with 32% in 2016.

Manoora has 3,157 properties. Over the last 5 years, Houses in Manoora have seen a 58.21% increase in median value, while Units have seen a 98.93% increase. As at 30 September 2024:

  • The median value for Houses in Manoora is $500,784 while the median value for Units is $302,563.
  • Houses have a median rent of $463 while Units have a median rent of $410.
There are currently 32 properties listed for sale, and 9 properties listed for rent in Manoora on OnTheHouse. According to CoreLogic's data, 154 properties were sold in the past 12 months in Manoora.

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Ally Cousens
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Twomey Schriber Property Group
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