196 Murray StreetAllenstown QLD 4700
Property Details for 196 Murray St, Allenstown
196 Murray St, Allenstown is a 6 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1930. The property has a land size of 1285m2 and floor size of 241m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (July 2023)
Colonial style home with character divided into 4 units. Comprising 2x2 bedroom units and 2x1 bedroom units. Situated on a huge 1285m2 allotment with frontage and rear lane access which allows for a buyer to value add to the complex two more units (STCA). The complex is situated handy to private Schools, Hospitals, Central Park and within walking distance of the CBD and bus stop nearby. The units are well presented and with the tight rental market and the central location, this offers a good income and a future development site.
Return $40,560 gross per annum.
Property History for 196 Murray St, Allenstown, QLD 4700
- 26 May 2023Sold for $555,000
- 30 Jun 2022Listed for Sale OFFERS OVER $580,000 INVITED
- 19 Jul 2012Sold for $495,000
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0About Allenstown 4700
The size of Allenstown is approximately 2.2 square kilometres. It has 6 parks covering nearly 7.7% of total area. The population of Allenstown in 2011 was 2,911 people. By 2016 the population was 2,801 showing a population decline of 3.8% in the area during that time. The predominant age group in Allenstown is 20-29 years. Households in Allenstown are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Allenstown work in a professional occupation. In 2011, 49.6% of the homes in Allenstown were owner-occupied compared with 48.4% in 2016.
Allenstown has 1,733 properties. Over the last 5 years, Houses in Allenstown have seen a 86.89% increase in median value, while Units have seen a 39.99% increase. As at 31 October 2024:
- The median value for Houses in Allenstown is $460,234 while the median value for Units is $320,368.
- Houses have a median rent of $415 while Units have a median rent of $340.
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