OFF MARKET

1/1 Michigan Way
Andergrove QLD 4740

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 136m2
Land area: 189m2
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Last updated 14 Oct 2024
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Property Details for 1/1 Michigan Way, Andergrove

1/1 Michigan Way, Andergrove is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 189m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
2015
Floor Size
136m2
Land Size
189m2
Local Government
Mackay Regional
Lot/Plan
1/SP266838

Last Listing description (July 2022)

How does an excellent investment opportunity with zero body corporate fees sound? Well, that's what is on offer with 1 / 1 Michigan Way, Andergrove.

This modern 3 bedroom duplex has all the rewards at minimal cost and already has a proven rental return.

Downstairs are two living areas: an airconditioned lounge room at the front of the home and the kitchen and dining area at the back.

The galley style kitchen packs a lot into a small area, including stone benchtops and high-quality, stainless-steel Westinghouse appliances.

Just off the dining room is a private patio and courtyard. This area includes a clothesline and water tank for assisting with the low maintenance gardens.

Additional ground floor features include a powder room, two car garage, internal security system, and laundry.

Upstairs are three spacious, carpeted bedrooms, each with walk-in robes, air-conditioning and private ensuites.

The home also offers a study nook at the top of the stairs and plentiful storage on both levels.

Michigan Way is located in one of Andergrove's newest subdivisions. It is within walking distance of the popular Wake House Park and within a short drive of many of Mackay's conveniences, including shopping and entertainment outlets.

Rates - $2,890/yr approx
Water - $460/yr approx

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Property History for 1/1 Michigan Way, Andergrove, QLD 4740

A timeline of how this property has performed in the market
Last Sold
$366,000
20 Jun 2022
Listed for Rent
$510/w
05 Jul 2022
  • 05 Jul 2022
    Listed for Rent $510 / week
  • 20 Jun 2022
    Sold for $366,000
  • 23 May 2022
    Listed for Sale Offers Over $349,000
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About Andergrove 4740

The size of Andergrove is approximately 8.5 square kilometres. It has 23 parks covering nearly 8.8% of total area. The population of Andergrove in 2011 was 9,372 people. By 2016 the population was 9,433 showing a population growth of 0.7% in the area during that time. The predominant age group in Andergrove is 0-9 years. Households in Andergrove are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Andergrove work in a trades occupation. In 2011, 65% of the homes in Andergrove were owner-occupied compared with 61.1% in 2016.

Andergrove has 4,478 properties. Over the last 5 years, Houses in Andergrove have seen a 63.76% increase in median value, while Units have seen a 78.93% increase. As at 30 September 2024:

  • The median value for Houses in Andergrove is $525,489 while the median value for Units is $347,011.
  • Houses have a median rent of $570 while Units have a median rent of $435.
There are currently 28 properties listed for sale, and 8 properties listed for rent in Andergrove on OnTheHouse. According to CoreLogic's data, 270 properties were sold in the past 12 months in Andergrove.

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