SOLD
Sold on 15 Apr 2024 for $465,000

8/61 Franklin Street
Annerley QLD 4103

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 105m2
Land area: 105m2
Sold By
Customer Property Services
The Public Trustee of Queensland
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Property Details for 8/61 Franklin St, Annerley

8/61 Franklin St, Annerley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 105m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Annerley in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
105m2
Land Size
105m2
Local Government
Brisbane
Lot/Plan
8/BUP2054

Last Listing description (May 2024)

This neat 2-bedroom apartment in the heart of Annerley provides a great opportunity to the astute buyer. Located just 7km from the city and metres from shops and local amenities this unit is a unique entry-level opportunity for first-home buyers, down-sizers and investors.

The unit is in a quiet complex of 9 units and is set at the rear of the complex. A large living area opens out onto a generous rear-facing balcony which overlooks the backyard.

The unit also comes with its own private laundry and storage space downstairs plus a large lock-up garage.

Annerley is suburban living but just minutes from the CBD with easy access via the Ipswich Road or along the Freeway. The unit is a short walk to Yeronga Park with Yeronga Park Pool, Souths Rugby Club and acres of open parkland.

Woolworths Annerley and Woolworths Moorooka are close by plus numerous shops, cafes and restaurants along Ipswich and Beaudesert Roads.

A number of bus stops are nearby on Ipswich Road with access to the city and the University of Queensland, while the Yeronga Train Station is 1.5km walk offering quick access to the city and surrounding suburbs.

The unit is currently tenanted until 14th January 2025 at $400 per week.
Rates approx. $420 per quarter.

* Due to current tenancy, a strict open home schedule will be adhered to and offers will likely need to be submitted after conclusion of first advertised viewing.*

Lot: 8 BUP: 2054 Brisbane City Council
Rates: $481 qtrly (approx. with no discounts/water fees)
Floor Space Total: 53sqm living/20sq m car/16 sqm patio/10sqm storage (approx.)
Body Corporate Fees: Admin=$169 and Sinking=$276 per quarter (approx.)
Compliant smoke alarms have been installed.

Private Treaty Terms: Please attend the open home then outline your price, conditions (ie:-14 day finance/7 day B&P inspection clauses), settlement period (usually 21-42 days will be accepted) and deposit amount (PTQ prefers 5% or a reasonable agreed lower amount which will be payable after informal acceptance is conveyed but before the Contract is countersigned by our self-funding government body) via email.
A Multiple Offer Situation may be triggered and all interested patrons will be provided in writing a designated date/ time they must present their offer in by for consideration of the Vendor's representatives.

Property History for 8/61 Franklin St, Annerley, QLD 4103

A timeline of how this property has performed in the market
Last Sold
$465,000
15 Apr 2024
Listed for Rent
$350/w
04 Jul 2022
  • 15 Apr 2024
    Sold for $465,000
  • 02 Apr 2024
    Listed for Sale Immediate Sale only $460,000 Negotiable
  • 29 Jun 2022
    Listed for Rent $350 / week
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About Annerley 4103

The size of Annerley is approximately 2.8 square kilometres. It has 11 parks covering nearly 4.1% of total area. The population of Annerley in 2011 was 10,664 people. By 2016 the population was 11,349 showing a population growth of 6.4% in the area during that time. The predominant age group in Annerley is 20-29 years. Households in Annerley are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Annerley work in a professional occupation. In 2011, 44.6% of the homes in Annerley were owner-occupied compared with 42.9% in 2016.

Annerley has 6,388 properties. Over the last 5 years, Houses in Annerley have seen a 72.58% increase in median value, while Units have seen a 82.90% increase. As at 31 October 2024:

  • The median value for Houses in Annerley is $1,245,470 while the median value for Units is $673,970.
  • Houses have a median rent of $628 while Units have a median rent of $530.
There are currently 27 properties listed for sale, and 28 properties listed for rent in Annerley on OnTheHouse. According to CoreLogic's data, 220 properties were sold in the past 12 months in Annerley.

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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.