Kate StreetAlderley QLD 4051
Property Details for 34 Kate St, Alderley
34 Kate St, Alderley is a 5 bedroom, 3 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 5 bedroom House sold in Alderley in the last 12 months.
Last Listing description (March 2024)
This residence sits on a prime corner 587 m2 LMR site only 5 km from the CBD.
It comprises 3 very basic flats. All are in need of quite a bit of work to bring them up to habitable condition.
1 is vacant and the other 2 are rented ($200 and $250/week) to long term tenants.
The new owner may choose to
- continue to rent the flats while exploring their options
- apply to BCC for demolition approval so the site can be redeveloped. The property is pre-war so there is no guarenteee with this
- renovate the individual flats to increase the rental return and hold long term
Whichever way you decide to go you won't lose in this fabulous location.
Newmarket State School, Newmarket Pool, Newmarket railway station, Newmarket Readings Shopping Centre and parkland are on your doorstep.
Kelvin Grove State Primary and High schools, QUT Kelvin Grove, RBH, Airport Link, Clem 7, restaurants, cafes and all other amenities are within very easy reach.
Opportunities like this are scarce so don't delay inspecting this gem!
Property History for 34 Kate St, Alderley, QLD 4051
- 01 Mar 2024Sold for $992,000
- 12 Feb 2024Listed for Sale Under Contract
- 29 Oct 2016Listed 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 3,394 properties. Over the last 5 years, Houses in Alderley have seen a 71.78% increase in median value, while Units have seen a 82.09% increase. As at 30 September 2024:
- The median value for Houses in Alderley is $1,447,147 while the median value for Units is $685,437.
- Houses have a median rent of $650 while Units have a median rent of $545.
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