FOR SALE
From $795,000 (2bed/1car) to $995,000 (3bed/2car)

West Avenue
Wynnum QLD 4178

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1063m2
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Off the Plan apartments at great fixed price!

Unique opportunity to secure an apartment at FIXED PRICE, off the plan.
Our client will start construction of this DA approved building in Wynnum, as soon as the present rental leases are expired.
We are looking at expressions of interest for the purchase of a 2 bedrooms/1 cars at $795,000 and a 3 bedrooms/2 cars at $995,000. Please see drawings attached.
Out of 32 apartments, our client will keep 16 of the 2bed/1 car for himself, and is selling the remaining, that is 10 x 3bed/2car and 6 x 2bed/1car.
Till the sale becomes unconditional, this expression of interest does not legally bind the seller and the potential buyers because no contract will be issued yet, and no deposit monies required at this early stage. One thing is sure, we are trying to make the off the plan purchase as economic as possible, with the price to remain FIXED till delivery of the apartment, that should take roughly 2 years for completion. In the present crisis in housing, securing this deal at present market situation is a great opportunity.
Call Reg on 0412 976 122 or Merinda Kim on 0437 643 181 to potentially secure a spot.

Property Details for West Ave, Wynnum

Building Type
Land
Land Size
1063m2

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About Wynnum 4178

The size of Wynnum is approximately 6.1 square kilometres. It has 18 parks covering nearly 17% of total area. The population of Wynnum in 2011 was 12,229 people. By 2016 the population was 12,924 showing a population growth of 5.7% in the area during that time. The predominant age group in Wynnum is 40-49 years. Households in Wynnum are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wynnum work in a professional occupation. In 2011, 60.2% of the homes in Wynnum were owner-occupied compared with 60.9% in 2016.

Wynnum has 7,223 properties. Over the last 5 years, Houses in Wynnum have seen a 87.30% increase in median value, while Units have seen a 54.72% increase. As at 31 July 2024:

  • The median value for Houses in Wynnum is $1,195,423 while the median value for Units is $697,122.
  • Houses have a median rent of $670 while Units have a median rent of $550.
There are currently 51 properties listed for sale, and 40 properties listed for rent in Wynnum on OnTheHouse. According to CoreLogic's data, 317 properties were sold in the past 12 months in Wynnum.

Suburb Insights for Wynnum 4178

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Reg de Baritault
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Merinda Kim
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RE/MAX Community Realty
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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.