FOR SALE
SOLD - $820,000 !!

27 Magnolia Parade
Victoria Point QLD 4165

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 799m2
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Super large size allotment - Solid investment - Development upside

Sit back, relax, and watch your investment grow at 27 Magnolia Pde, Victoria Point, or put your developers hat on. Landbank or look at options to further develop this AAA located property.
One of the most convenient locations you will ever find.
Features include;
Immediate cash flow with excellent long-term tenants in place.
Easy walking distance to city bus exchange, Cineplex, Aldi, Woolworths, Coles, and cafes.
Leisurely walk to both Thompsons Beach and Sharks AFL Club
Modern kitchen and bathroom and ensuite
4 generous bedrooms with luxurious ensuite
Reverse cycle air-conditioning and ceiling fans
Rare, 799m2 - North facing allotment
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Property Details for 27 Magnolia Pde, Victoria Point

27 Magnolia Pde, Victoria Point is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 799m2. The place is currently for sale with Stephen Smith Real Estate.

Building Type
House
Land Size
799m2

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About Victoria Point 4165

The size of Victoria Point is approximately 13.4 square kilometres. It has 37 parks covering nearly 17.3% of total area. The population of Victoria Point in 2011 was 14,816 people. By 2016 the population was 15,012 showing a population growth of 1.3% in the area during that time. The predominant age group in Victoria Point is 50-59 years. Households in Victoria Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Victoria Point work in a trades occupation. In 2011, 68.5% of the homes in Victoria Point were owner-occupied compared with 67.8% in 2016.

Victoria Point has 6,713 properties. Over the last 5 years, Houses in Victoria Point have seen a 88.67% increase in median value, while Units have seen a 78.44% increase. As at 30 November 2024:

  • The median value for Houses in Victoria Point is $998,748 while the median value for Units is $635,084.
  • Houses have a median rent of $670 while Units have a median rent of $550.
There are currently 60 properties listed for sale, and 8 properties listed for rent in Victoria point on OnTheHouse. According to CoreLogic's data, 402 properties were sold in the past 12 months in Victoria point.

Suburb Insights for Victoria Point 4165

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Todd Johnson
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Stephen Smith Real Estate
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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.