SOLD
Sold on 06 Aug 2024 for $1,950,000

2 Lorne Street
Alderley QLD 4051

Bedrooms: 8
Bathrooms: 4
Car spaces: 1
Floor area: 268m2
Land area: 1012m2
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Property Details for 2 Lorne St, Alderley

2 Lorne St, Alderley is a 8 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1012m2 and floor size of 268m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 8 bedroom Unit sold in Alderley in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
268m2
Land Size
1012m2
Local Government
Brisbane
Lot/Plan
86/RP20288

Last Listing description (December 2016)

This exclusive property is one of the better sites available in Brisbane, with extensive views extending towards Brisbane's CBD.
Currently offering four professionally managed units, each with 2 bedrooms/1 bathroom, the property attracts approximately $72,000 gross annual rental income.
The site is an approved site and can be developed further.

Alderley has recently become one of Brisbane better suburbs. Within walking distance (400m) is a CityTrain railway station, making commuting to the city extremely convenient. Construction of a brand new Coles supermarket and shopping district with specialty stores is also underway approximately 200m from the site.
This income-producing property would be a profitable addition to your investment portfolio or re-developed for maximum potential. For further information and for property inspection contact Robert on 0419 026 643.

Property History for 2 Lorne St, Alderley, QLD 4051

A timeline of how this property has performed in the market
Last Sold
$1,950,000
06 Aug 2024
Listed for Rent
$350/w
24 Feb 2015
  • 06 Aug 2024
    Sold for $1,950,000
  • 30 May 2016
    Listed for Sale Expressions of Interest
  • 22 Jan 2015
    Listed for Rent - Price not available
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About Alderley 4051

The size of Alderley is approximately 2.5 square kilometres. It has 11 parks covering nearly 26.2% of total area. The population of Alderley in 2011 was 5,680 people. By 2016 the population was 6,108 showing a population growth of 7.5% in the area during that time. The predominant age group in Alderley is 20-29 years. Households in Alderley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alderley work in a professional occupation. In 2011, 58.1% of the homes in Alderley were owner-occupied compared with 56.2% in 2016.

Alderley has 3,382 properties. Over the last 5 years, Houses in Alderley have seen a 73.13% increase in median value, while Units have seen a 78.86% increase. As at 31 October 2024:

  • The median value for Houses in Alderley is $1,460,763 while the median value for Units is $684,502.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 10 properties listed for rent in Alderley on OnTheHouse. According to CoreLogic's data, 169 properties were sold in the past 12 months in Alderley.

Suburb Insights for Alderley 4051

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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.