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Sold on 22 Jul 2024 - Price Unavailable

78 Cumberland Drive
Alexandra Hills QLD 4161

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 640m2
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Property Details for 78 Cumberland Dr, Alexandra Hills

78 Cumberland Dr, Alexandra Hills is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 640m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Alexandra Hills in the last 12 months.

Building Type
House
Land Size
640m2
Local Government
Redland
Lot/Plan
418/RP170235

Last Listing description (July 2024)

Are you looking to create your own security, rather than pay someone else's mortgage? Would you like a home of your own but do not want to feel squeezed in on a tiny block?

Are you looking for the right investment opportunity to capitalize on? This home could be the one!
This home is nicely positioned on a fenced 640m2 easy care block with full-length front verandah to relax and enjoy the cool bay breezes.

This home also offers extras such as full security screens, vertical and roller blinds, ceiling insulation, air-conditioning, and decorative ornate ceilings.

Centrally located within walking distance to schools, shops, childcare, medical facilities, children's playgrounds, and public transport. When it comes to Price, Position, and Possibilities it will be difficult to beat this one for VALUE!
For homebuyers, this residence offers the chance to secure an affordable home in a sought-after and growing suburb. Capitalize on today's prices and avoid potential market escalations in the future. Plus, while you're waiting for the lease to end, you will have the rental income to assist with the mortgage repayments!

The Property Consists of:
- Open-plan living/dining
- Good-sized modern kitchen with dishwasher
- Ceiling fans throughout
- Air Conditioning in Living area
- Built-ins in all 3 bedrooms
- Large backyard
- Internal laundry
- Garden shed
- Single carport
- Fully fenced

Currently, the property is tenanted at $520 per week under a lease until February 2025, with a new current rental appraisal of $625-675 per week. This presents an attractive opportunity for investors or have the rental income to assist in the mortgage repayments until you move in yourself!

We wish to inform prospective buyers that certain photographs presented employ virtual staging, such as furniture and décor placements; these alterations are solely for visualization purposes as the property is tenanted.

Property History for 78 Cumberland Dr, Alexandra Hills, QLD 4161

A timeline of how this property has performed in the market
Last Sold
22 Jul 2024
Listed for Rent
$520/w
20 Jan 2023
  • 08 Jul 2024
    Sold for $750,000
  • 03 Jul 2024
    Listed for Sale SOLD BY LEANNE O'SULLIVAN
  • 06 Jan 2023
    Listed for Rent $520 / week
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About Alexandra Hills 4161

The size of Alexandra Hills is approximately 13.7 square kilometres. It has 44 parks covering nearly 15.9% of total area. The population of Alexandra Hills in 2011 was 16,727 people. By 2016 the population was 16,244 showing a population decline of 2.9% in the area during that time. The predominant age group in Alexandra Hills is 50-59 years. Households in Alexandra Hills are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Alexandra Hills work in a trades occupation. In 2011, 75.5% of the homes in Alexandra Hills were owner-occupied compared with 75.2% in 2016.

Alexandra Hills has 6,605 properties. Over the last 5 years, Houses in Alexandra Hills have seen a 79.84% increase in median value, while Units have seen a 98.34% increase. As at 31 October 2024:

  • The median value for Houses in Alexandra Hills is $861,731 while the median value for Units is $614,018.
  • Houses have a median rent of $650 while Units have a median rent of $500.
There are currently 41 properties listed for sale, and 14 properties listed for rent in Alexandra hills on OnTheHouse. According to CoreLogic's data, 251 properties were sold in the past 12 months in Alexandra hills.

Suburb Insights for Alexandra Hills 4161

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Contact agent
Leanne O'Sullivan
Show contact details
RE/MAX Bayside-Results
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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.